Today
Arena the big winner in the new net-zero bureaucracy
Arena will receive $5.1 billion in extra funding to cover its enlarged responsibilities overseeing key aspects of the drive to make Australia a renewable energy superpower.
- Ben Potter
Labor’s $24b green energy superpower bet
The Albanese government has made a $24 billion bet on turning Australia into a renewable energy superpower, powered by green hydrogen, critical minerals processing and green commodity exports over the coming decade.
- Ben Potter
Yesterday
Blue-sky thinkers block the sun to fight climate change
It might sound like science fiction, but a mix of scientists and venture capitalists are working on plans to block the sun to slow global warming.
- Peter Ker and Lap Phan
This Month
Energy funding chopped under weight of Victoria’s debt
Experts say this week’s state budget shows the Victorian government has prioritised major transport projects over the energy transition.
- Gus McCubbing
- Exclusive
- Nuclear energy
Australia doesn’t need nukes: International Energy Agency boss
Global energy tsar Fatih Birol says Australia should play to its strengths in renewables, and there should be less emotion and politics in energy discussions.
- Hans van Leeuwen
The $13.6 trillion question: how do we pay for the green transition?
The private sector will have to provide about 70 per cent of climate finance globally, and the heat is building on governments to deliver policies that do that.
- Attracta Mooney
Investors are set to pile into Australia’s first green bond
European fund managers are backing the federal government’s plans to shed its reputation as a coal polluter, with its $7 billion bond looking well oversubscribed.
- Updated
- Cecile Lefort
ANZ hardens policy against bankrolling oil and gas projects
The bank says it will “no longer provide direct financing to new or expansion upstream” projects, practically ruling out lending to the largest proposals.
- Ben Potter
‘True energy impact’: Di Pilla defies gloom, appoints Gillard to $2b fund
The ASX-listed HMC Capital is banking on plenty of investor interest to defy a gloomy market outlook on the transition to clean energy for its latest vehicle.
- Ben Potter
What Charles Dickens can teach you about utes
The English author mapped out the lobbying tactics of the legacy car makers against vehicle emissions standards 170 years ago.
- Tristan Edis
Offshore Gippsland licences to unlock $100b of generation
The winners of a dozen offshore wind licences are preparing for offtake auctions that seek to harness world-class resources.
- Ben Potter
April
Labor’s plan to unlock the right foreign investment
While some investors will get a fast track, extra safeguards will be set up for high-risk proposals, like China entities investing in critical infrastructure.
- Phillip Coorey
New gas supplies ‘needed’ says Bowen as Gippsland wind takes off
Energy Minister Chris Bowen believes Australia has no option but to seek new supplies of gas even as he green-lights six potential offshore Gippsland wind projects.
- Jacob Greber
Kean questions need for Eraring bailout
It will be the “NSW government”, not the renewables sector, that faces the music if sluggish wind, solar and transmission rollout leads to blackouts.
- Updated
- Jacob Greber
- Exclusive
- Electricity
Former Labor leader to chair Victoria’s SEC
Simon Corbell, a former ACT deputy chief minister, will chair Victoria’s revised State Electricity Commission, after its advisory board was disbanded.
- Ben Potter and Patrick Durkin
Coal mine methane twice official disclosures: Sims
Australia’s open cut coal mines could be emitting twice as much methane as official disclosures suggest, casting doubt on national carbon emissions data.
- Ben Potter
Why Mike Cannon-Brookes invested in this mushroom
A tree-planting boom is required to get the world to net-zero, and the billionaire is betting mushrooms and fungi will be a crucial enabler
- Peter Ker and Lap Phan
- Analysis
- Gas
Woodside caught between twin objectives on a collision course
Woodside is hoping that technology, hard work and deployment will reconcile fidelity to net-zero with growth by pumping oil and gas.
- Ben Potter
- Opinion
- Opinion
Voting down Woodside’s climate plan a shareholder activism milestone
This is a pivotal moment for other climate-science-denying board directors, a signal to act on their fiduciary duties, or suffer the consequences personally.
- Tim Buckley and Annemarie Jonson
Woodside climate plan sunk but Goyder survives
The proxy battle pitched Australia’s largest gas producer against activists that argue its path could tip the balance towards more dangerous climate change.
- Updated
- Ben Potter and Tom Rabe
