German energy giant RWE has scrapped plans to develop a major offshore wind farm in Victoria, delivering a fresh setback to the state’s already fragile energy transition.
Fortescue will be a big customer for zero-emissions mining equipment from China, having learnt the lesson that developed nations cannot compete with China on manufacturing.
One of Labor’s most successful premiers, Mark McGowan, and business chiefs are warning Jim Chalmers to prioritise spending restraint over higher taxes, as trade unions demand new levies on property investors, gas companies and the wealthy to plug the budget black hole created by the overhaul of the super tax.
Australia’s renewable energy revolution will require 25,000 wind towers and 250 million solar panels across an area larger than Sydney, new mapping reveals.
After lodging my submission, as punishment for being on the wagon, I read the other 168 submissions to the Orwellian-sounding Senate Select Committee on Information Integrity on Climate Change and Energy. This is a stitch-up by Labor’s Ministry of Truth, together with the Greens and an independent. It will silence Australians by bullying, corruption, banning of criticism, restricting free speech and promoting legal and financial tactics to protect people from what the Ministry deems ‘wrong’ information.
Chris Bowen can’t or won’t explain his claim about the scale of Australia’s renewables rollout, as a conservationist accuses him of misrepresenting a group that has mapped it.
Is the world cooling on net zero? If this is so, Australia’s extraordinarily high emissions reduction target of 62 to 70 per cent for 2035 looks like a classic case of economic self-harm.
Businesses now rank the cost of energy as the chief concern for their future, rating it almost three times more worrying than US tariff and trade disruptions, according to new analysis.
The rapid uptake of electric cars and home batteries from the Asian nation has put Australia’s energy infrastructure at risk of foreign hijack, experts warn.
