Coal industry is safe, insists new Climate Change Minister Greg Combet | News.com.au

THE nation's new Climate Change Minister, Greg Combet, has vowed to bring "common sense" to the climate change debate, warning that he will fight for coal industry jobs as he pursues a price on carbon.

The former union leader has predicted the coal industry "absolutely" has a future as he pursues his three key policy reform objectives: pursuing renewable energy; energy efficiency; and the development of a carbon price for Australia.

Insisting the Climate Change portfolio was an economic reform challenge, he said: "You don't take the back of the axe to the fundamentals of the Australian economy."
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Among the biggest winners were senator Penny Wong, who was shifted from Climate Change to the important Finance portfolio...
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But in an interview with The Australian, Mr Combet said his background as a former coal engineer, union official and MP with coal workers in his NSW electorate meant he did not believe his job was to shut down the coal industry.

"I don't agree with that. That's not part of my job at all," he said.

"I am acutely aware of the challenges that this policy presents. But people jump to these absolute positions, and I just don't think that's appropriate.

"I've got a responsibility to support those people's jobs. The coal industry is a very vibrant industry with a strong future. What you've got to do is look to how we can achieve in the longer term things like carbon capture and storage for coal-fired power stations."

Flashback: Audio: Obama Tells SF Chronicle He Will Bankrupt Coal Industry | NewsBusters.org

[Obama] So if somebody wants to build a coal-powered plant, they can.
It's just that it will bankrupt them.