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The shifting climate for coal

There is a grim reality dawning on many investors in the mining industry that whether they believe in climate change or not the world’s political leaders do and they are moving steadily closer to sending coal to the sin bin.

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When, if ever, will prices for coal rise back to a level which justifies investing in it?

The rights and wrongs of that situation are not relevant to what’s happening, as is often the case during periods of political change.