THE future of coal is uncertain as the UN hold major climate summit.
THE future of coal is uncertain as the UN hold major climate summit. Colette Landolt

UN climate summit puts coal future in doubt

ONE of Queensland's key mineral commodities, coal, is facing an uncertain future as United Nations leaders gather in New York to encourage renewable energy.

The major meeting, including some 120 countries, does not include Prime Minister Tony Abbott, despite travelling to NY the very next day.

But the high-level talks, which are focused on the global energy mix, are looking for pledges of support to address climate change after no agreement was reached at the 2009 Copenhagen summit.

Leaders from China and India - two key markets for Australian coal - were also absent from the meetings, while UN official Christiana Figueres told ABC it was "within Australia's purview" to decide its own energy mix.

The summit came as the government released an energy policy paper confirming its support for the coal industry, as well as a promised $2.5 billion "emissions reduction fund", despite doubts about its ability to actually reduce carbon emissions.

- APN NEWSDESK


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