Back to today’s briefing

Story perspectives

Aussie Liberals Abandon Net-Zero, Face Coal Market Shift

11/26/2025

45 3

Summary

Story summary

The Liberal Party of Australia abandons its net-zero by 2050 goal, signaling a major shift in national energy policy.
South Korea will close all coal-fired power plants by 2040.
South Korea is Australia’s fourth-largest coal export market, which could reduce demand for Australian coal.
The Liberal Party of Australia could face revenue losses as market dynamics shift, a setback reminiscent of Kodak's failure to embrace technological change.

1 of 1

Story summary

The Liberal Party of Australia abandons its net-zero by 2050 goal, signaling a major shift in national energy policy.
South Korea will close all coal-fired power plants by 2040.
South Korea is Australia’s fourth-largest coal export market, which could reduce demand for Australian coal.
The Liberal Party of Australia could face revenue losses as market dynamics shift, a setback reminiscent of Kodak's failure to embrace technological change.