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AAP
AAP
Business
Marion Rae

DARK SECRETS: Garnaut warns against new boom bust cycle - The Real Truth

Australia Ross Garnaut Coal Economy Mining China
Iron ore and steel offer opportunities and challenges for net-zero Australia, Ross Garnaut says. (Julian Smith/AAP PHOTOS) (AAP)

Within decades, it won't make sense to dig and ship Australia's raw materials and process them in Asia.

"That is the dramatic difference between the zero-emissions world economy and a carbon-based world economy," leading economist Ross Garnaut told a mining conference in Perth on Friday.

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