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Glencore says world must 'get real' on coal

Glencore’s coal chief Peter Freyberg has called on governments and policymakers to do more to shore up coal's future, saying “there needs to be acknowledgement that coal is not going to be wished away”. Building coal-fired power is “still the cheapest way of bringing people out of poverty”.

Speaking at a business luncheon in Melbourne, he said the long and medium term outlook for coal was positive, for producing energy and steel, with carbon capture and storage an effective way of