Could Queensland’s Long-Term Bet on Coal Power Pay Off?

Queensland’s decision to extend the life of its coal-fired power stations until the 2040s—and likely beyond—has spurred questions over how it will impact the state’s competitiveness.

“If other states are moving out of coal, and yet private enterprise still sees coal as economically profitable, then Queensland will surely be carving itself out a favourable niche relative to other states by keeping its coal plants going,” said UNSW economist Gigi Foster, in an interview with The Epoch Times.