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Getting away from the coal face

Rio Tinto’s exit from coal has been widely applauded, but if it was such a smart move why are the buyers of the coal assets just as happy, if not happier?

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Not everyone is running from the coal face in light of political pressure to abandon fossil fuels

The answer to both buyer and seller being pleased with the coal-asset shuffle lies in the way the world is split over coal, which is seen as either a menace to society or an essential source of heat