• The Newcastle Coal Terminal in Newcastle, New South Wales, Australia, on May 6. Australia's green groups have long lobbied the federal government to stop supporting fossil fuels to better tackle climate change, especially after devastating bushfires and floods in recent years. | BLOOMBERG
    The Newcastle Coal Terminal in Newcastle, New South Wales, Australia, on May 6. Australia's green groups have long lobbied the federal government to stop supporting fossil fuels to better tackle climate change, especially after devastating bushfires and floods in recent years. | BLOOMBERG
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KUALA LUMPUR – Rapidly phasing out coal power plants and mines will be vital for Australia's new government to meet its more ambitious carbon emissions targets, environmentalists have said, while urging renewable energy investments for mining communities.

Australia's Labor Party formed a new government on Monday, after unprecedented support for the Greens and climate-focused independents ended nearly a decade of rule by the conservative coalition in Saturday's general election.

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