Bushfires Illuminate the Price of Burning Coal

(Bloomberg Opinion) — You could smell the approach of Sydney’s bushfires two weeks away.Leaving my home for work last month at a time when California’s fires were at their most intense, the sandalwood odor of burning eucalyptus was heavy on the air. Looking north from Bloomberg’s office to the far side of Sydney Harbour, the normally sparkling blue water was a barely discernible smudge. That was mostly not wildfire, but a dozen deliberate hazard-reduction burns under way across the metropolitan area in a last-ditch attempt to eliminate flammable plant litter and undergrowth before conditions worsened.Tuesday will prove a test of …read more

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