He told the audience how his company closed eight mines in one day after"profits dropped" and"markets shifted to cleaner energy" such as natural gas and renewables."And from that point until June or July next year there were 10,000 jobs, coal industry jobs, that were gone in the State of Kentucky."
Scott Shoupe said at the time Kentucky lacked any transition plan or government support for sacked miners.He now works for a green energy provider, helping homeowners install insulation and solar panels.While overseas demand for Australian coal remains strong, there are warnings global investment is shifting.
. The curve of technological evolution is almost vertical, especially in areas like new materials, photonics, sensors, nanotechnology, AI. There is a lot of work to be done: decontaminating soil and water, regenerative organic agriculture, integrative health and aged care. .
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Qld Labor 'hopelessly out of touch' with the coal industry: Frecklington | Sky News AustraliaQueensland Opposition leader Deb Frecklington says the state Labor Party is ‘hopelessly divided’ and ‘out of touch’ on the issue of thermal coal and renewable energy. \n\nDeputy Premier Jackie Trad has told Parliament ‘the market is moving away from thermal coal’ and workers in the industry need to 'reskill'. \n\nMs Frecklington has told Sky News host Chris Kenny Ms Trad’s remarks ‘should send shockwaves down the spine of anyone associated with the coal industry here in Queensland’. \n\nShe says Ms Trad and Annastacia Palaszczuk are ‘obviously sitting up in an ivory tower somewhere instead of talking to real people’ if they are willing to sell out the thermal coal industry and its workers. \n\n\n AStrongerOZ viellarisr Good take on the issue🤙🇦🇺 viellarisr LNP GOV MPS WANT JOBS FROM ADANI FOR WORKERS THEY CLAIM ITS OUT OF TOUCH BY LABOR MPS TO SAY WORKERS NEED TO RE SKILL.. THIS FROM A LIBERAL NAT GOV WHO SHUT DOWN CAR PLANTS THAT HAD THOUSANDS OF WORKERS AND TOLD THOSE WORKERS GO RE SKILL WE DONT CARE ABOUT YOUR JOB. viellarisr At least with the car manufacturing industry $billions of tax payer $ was put into the industry trying to save it. But with the mining industry not a $. In saying that you have got to admire Trad's honesty. Not sure it will go down well with the miners & the unions though.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
'He was a con': Pensioner fears losing thousands as building industry warns of dodgy tradiesAn aged pensioner fears she has been scammed out of thousands of dollars as the building industry says unlicensed tradies continue to be a problem across the country. erinsemmler I have a very similar story, but on a much larger scale.
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Migrant cut could force RBA to reduce rates, warns housing industryThe housing industry has warned a cut in migrant numbers could force the Reserve Bank into slicing interest rates to prop up a struggling property market | swrighteconomy swrighteconomy Migration is being cut drastically right now. I predict this June will be the lowest intake of permanent residents in the last 10 years. swrighteconomy Australia CANNOT keep 'importing' more consumers, who will become MORE old age pensioners, to create MORE demand, in a never ending cycle of MORE! That is stupidity compounded! Services HAVE NOT kept pace! Water, food, medical... Kicking the can down the road, politician style. swrighteconomy So we we are captured by vested interest and ridiculous policy coming of the mining boom, borrowed money to stimulate an economy on household debt.
Source: smh - 🏆 6. / 80 Read more »