VIDEO: Coal industry here to stay as global demand grows
THERE is no way that the coal industry in central Queensland will go away.
That's the view of Queensland Resources Council infrastructure and economics director Andrew Barger, who spoke at yesterday's GEA major industry conference.
"If you look at all of the international forecasts, the need for coal is actually growing - not reducing," he said.
"And Queensland's thermal coal is amongst the best and most efficient in the world."
Mr Barger said Gladstone's port infrastructure was well placed when the world is facing an energy drought to maintain its coal export industry for many years to come.
"It's definitely not going to stop any time soon."
He said the resources industry was responsible for 45% to 50% of Gladstone's economy - a much higher level than the rest of the state.