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flag Australia forecasts 50% drop in fossil fuel exports by 2030, citing global demand decline, but industry disputes, citing strong Asian demand and regulatory delays.

flag Australia’s Treasury forecasts a 50% drop in fossil fuel export value within five years, citing declining global demand and prices, with Hunter region thermal coal exports expected to fall faster. flag The report warns of mine closures by 2030 and urges urgent transition programs. flag Industry leaders dispute the outlook, citing strong Asian demand, long-term contracts, and stable royalty projections through 2028–29, arguing domestic regulatory delays—not market demand—are the main constraint.

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