Change is on the way for the coal industry...

Bank of America has a new attitude towards coal mining. Is the Abbott Government watching the rest of the world walk away from Coal? It seems not.

"Commitment to reduce financing for coal mining companies worldwide – The new policy commits the bank to “continue to reduce our credit exposure to coal extraction companies” and specifies that this commitment is global in scope. Rainforest Action Network (RAN) will be monitoring Bank of America’s involvement with transactions with coal mining companies to verify that it is following through on this commitment."

While Abbott an co. walk away from renwables and re-embrace coal... the rest of the World open their eyes to the dangers of coal.

http://www.alternet.org/environment/bank-americas-new-coal-policy-groundbreaking-and-imperfect