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The Parkinson Report

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    CCA suggests LRET be deferred, allow new technologies longer term

    CCA suggests LRET be deferred, allow new technologies longer term

    Climate Change Authority recommends Australia defer 2020 RET by up to 3 years, but says it’s the government’s only credible abatement policy. It also suggests any longer-term target could morph from renewables-only to a low emissions target, including gas and nuclear.

  • 11
    Why oil price crash is good news for climate, and clean energy

    Why oil price crash is good news for climate, and clean energy

    The collapse in global oil prices is good for the climate, and clean energy. Big Oil has put Arctic drilling on hold because it no longer makes economic sense. That will allow extend the world’s carbon budget, and result in capital flowing to renewables.

  • 12
    electricity

    Big energy retailers intensify attack on rooftop solar subsidies

    Big utilities such as Origin Energy and AGL Energy are maintaining their attack on subsidies for rooftop solar, joining forces with industry lobby groups to call for their removal – just as they prepare to roll out solar leasing schemes of their own.

  • 31
    The golden age of gas is over before it started

    The golden age of gas is over before it started

    The golden age of gas is already over – eaten by solar and wind and its own soaring costs. AEMO says gas-fired production could fall by two thirds over the next five years, as export parity prices it out of market and it is displace by renewables. The one bright spot might be the potential of gas to replace coal generation in a decade’s time.

  • 12
    Network operator sees no future for generators, retailers

    Network operator sees no future for generators, retailers

    Operator of one of Australia’s biggest networks says solar, battery storage and micro grids means the business models of centralised generators and retailers will be made redundant. In other words, no long term future for Origin, AGL or EnergyAustralia. The future is local, and that is bad news for coal, gas and nuclear.