Sydney:
The
vast
country
holds
potential
for
solar,
wind,
geothermal,
bioenergy
and
hydro,
as
well
as
wave
and
tidal,
but
has
relied
on
coal
to
provide
about
85%
of
its
electricity.
It
is
also
the
world's
largest
exporter
of
coal.
Federal
governments
have
historically
provided
the
coal
industry
with
extravagant
financial
support.
These
subsidies
keep
the
cost
of
fossil
fuels
artificially
low
and
make
it
hard
for
renewables
to
compete.
But
climate
change
poses
a
serious
threat
to
Australia,
given
that
the
majority
of
the
population
lives
near
the
coast
and…
