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So what is the alternative to peat?

I've been pondering this as there seem to be times in gardening when the blanket advice is to use a peat based compost. Peat free multi-purpose compost is easy enough to get hold of and there's good stuff available but it's the things like John Innes compost and other specialist composts that you never see alternatives for.
I buy three bags of JI a year normally (mostly because they're a reduced price if you buy three at a time), two JI2 and one JI3. The JI3 is used to refresh the top-dressing on the acers and other similar plants as well as potting on houseplants that have outgrown their pots. The JI2 is for alpines and succulents. I haven't been able to find a viable and sustainable alternative for any of these uses yet but I'm not actually sure what the peat in the mix is actually doing.
Assuming the JI is 1/3 peat I'm using the equivalent of a 25L bag of peat a year at most. I've also read that vine weevils grubs thrive in peat so that seems good enough reason to switch to something else. 

If you can keep your head, while those around you are losing theirs, you may not have grasped the seriousness of the situation.
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Beechgrove seems to be advocating coir based composts to replace peat.
I can, but don't, still buy bags of pure peat here and it's really hard to find info on the composition of composts here but, given their lack of sterility and willingness to produce weed seedlings, I'm assuming most here are composted materials and not peat.
Composting garden waste involves a lot of transporting/ processing and is hugely variable and coir has to be shipped across the planet.
Don't misunderstand me - I see the need to reduce peat use but lets not kid ourselves that the alternatives are an easy fix or (on occasions) that they are actually any good. Some, not all & not all of the time, are quite good - I'll accept that - but some are just crap in a plastic bag.
I try not to use much bagged compost beyond MPC for starting off veg seeds - it's cheaper and environmentally better to just not use the stuff, peat free or no. I've drastically reduced the number of pots I have. I buy plants bare-root whenever I can, although it's often not possible, or start things from seed. I do occasionally have a splurge and buy a few plants - just had a bit of a blow out on the Hayloft site - but that's once in a blue moon. But that kind of drastic behaviour change is a step too far for most people at the moment - we're all looking for ways to carry on as we always have, rather than considering actually changing what we do, so the Law of Unintended Consequences often applies
“It's still magic even if you know how it's done.”