When energy prices rose dramatically in the 1970s, the impact on Australia was cushioned by two developments: the timely discovery of domestic oil in Bass Strait; and of the Japanese conversion to thermal coal. With falling oil imports and expanding coal exports, Australia emerged as a net...

When energy prices rose dramatically in the 1970s, the impact on Australia was cushioned by two developments: the timely discovery of domestic oil in Bass Strait; and of the Japanese conversion to thermal coal. With falling oil imports and expanding coal exports, Australia emerged as a net...