
Originally Posted by
HenryDorsetCase
Here's a thing. There are different types of coal. What new zealand has in relative abundance and easy to extract is high grade coking coal. Why is that important? That is the coal you need if you want to make high grade steel. One tonne of that stuff vs three to five tonnes of lesser quality coal in your steel mill. So there is a case that says "We should continue mining that coal in NZ because COMPARED TO THE ALTERNATIVE there is a nett benefit, to CO2 emissions, to NZ's bottom line, and even to the poor bastards whose job it is to dig it out of the ground.
Yeah .. I do get that .. but if the bottom's dropped out of the market then we may wel be selling a product that costs more to extract than the sale price brings in .. which is what appears to me wil happen ..
Thats what Pike River were after but they had other problems.
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Pike River's biggest problem was that the mined into the Brunner seam ... every mine in that seam has exploded at some time ...
And on the Denniston Plateau there's already a mine on fire .. Geez Wayne .. doesn't take a high IQ to ask about the risk of that venture ...
"So if you meet me, have some sympathy, have some courtesy, have some taste ..."
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