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The report analyzes the inevitable decline of Australia's coal sector, driven by the cost-competitiveness of renewables and falling global demand for thermal coal. It presents two domestic transition scenarios: a 'moderate' one compatible with Australia's NDC and a 'faster' one aligned with a 2-degree global goal. The document highlights the risks of sudden plant closures, using the Hazelwood power station as a case study to argue for more predictable, planned transitions and a 'just transition' framework to support affected regional communities and workers.