Cop26 will make life harder for Australian fossil fuel industry, NSW treasurer predicts

Matt Kean says Glasgow climate summit has ‘accelerated where the market was already going’

When the new NSW treasurer, Matt Kean, toured a Hunter Valley coalmine a year ago, managers complained about how hard it was to renew insurance for their pit.

In light of the weekend’s conclusion of the Cop26 climate summit in Glasgow, those challenges will get more difficult, Kean has now predicted.

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