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    Policy

    Energy & Climate

    Yesterday

    CO2 put into the atmosphere this year will continue to warm the earth for 25 years.

    The common sense path to net zero

    Looking at the environmental crisis through the lens of financial frameworks, the core principles that drive good investment are also at play in climate change.

    • Kate Howitt and Gates Moss

    This Month

    Callide in Biloela, Queensland, will be one of two plants transformed to nuclear under Peter Dutton’s proposal.

    Qld premier raises problem of water risk under Dutton’s nuclear plan

    Labor Premier Steven Miles has quoted a new report outlining the need for a state-based plebiscite to adopt the Coalition’s nuclear plan.

    • James Hall
    Future-minded asset owners have not given up on Paris.

    Delivering the world’s most important corporate rescue

    What’s true for commodities is true for the greatest eleventh-hour turnaround in human history. In climate terms, that means “the cure for high emissions is high prices”.

    • Kate Howitt and Gates Moss
    Andrew Forrest has scaled back Fortescue’s green hydrogen ambitions.

    Hard energy reality has mugged Fortescue’s hydrogen dreams

    Andrew Forrest is not alone. Many corporates have suffered a similar delusion about simple, easy and cheap transition.

    • Patrick Gibbons
    Andrew Forrest’s says Fortescue will remain financially disciplined as it pursues its green vision.

    Picking green over blue is stalling our hydrogen superpower hopes

    Labor’s tax incentive scheme maintains the habit of describing identical molecules with colours of the rainbow. It is out of step with Australia’s competitors and customers

    • David Heard
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    Opposition Leader Peter Dutton is now pushing for nuclear power plants, such as this one in Georgia, in the US, to solve Australia’s need for new energy generation.

    It’s an energy race between the implausible and the impossible

    Peter Dutton has come up with a nuclear-powered cost of living wedge to expose Labor’s overreach on renewables and sustainability.

    • Matthew Warren
    A nuclear power plant in Bavaria, Germany.

    CSIRO brings science, not politics, to electricity cost debate

    Some nuclear fans claim the agency has a position on Australia’s energy mix. That is both wrong and a misinterpretation.

    • Doug Hilton
    Biomass Projects founder Richard Paterson hopes to transform Western Australia’s largest weed infestation into carbon-capturing biochar.

    This trailblazer turns destructive weed into a replacement for coal

    Biomass Projects has plans to build the world’s largest biochar production on a 225,000-hectare Pilbara plot that is overrun with mesquite.

    • Gus McCubbing
    Over the course of 2023, the world’s solar cells, their panels currently covering less than 10,000 square kilometres, produced about 1600 terawatt-hours of energy.

    How solar beat every forecast to win the renewables race

    Solar power is on track to generate more electricity than all the world’s nuclear power plants in 2026, its gas-fired power plants in 2030 and its coal-fired ones in 2032.

    • The Economist
    Prime Minister Robert Menzies launches Australia’s first nuclear reactor,  HIFAR, on April 18, 1958.

    Why we need to have a genuine look at nuclear energy

    Nuclear energy is the kind of nation building policy we need when our lucky country’s luck is running out.

    • Georgina Downer
    Australia faces higher power costs.

    Energy transition will cost much more than politicians are pretending

    The brutal reality is that taxpayers and consumers will be on the hook for much higher costs under a renewable or nuclear energy system.

    • John Kehoe
    Power prices are expected to be volatile through Australia’s transition to low-carbon energy.

    RBA inflation target challenged by power prices

    Other areas of the economy will need to offset the impact of higher than expected power prices to keep inflation within target, economists say.

    • Angela Macdonald-Smith and Ronald Mizen
    Former NBN boss Mike Quigley.

    Labor appoints former NBN boss as nuclear head

    Mike Quigley has been appointed as the head of the federal government’s peak nuclear organisation.

    • John Kehoe
    Nuclear power would cost households at least $200 more a year says Rod Sims.

    There is a respectable economic argument for nationalised nuclear

    The bottom line is that there are sound public choice arguments for the government to build and own nuclear power plants.

    • Sinclair Davidson

    June

    The reformed safeguard mechanism is expected to deliver at least 200 million tonnes of net abatement by 2030.

    Better carrot and stick provides investment certainty for carbon cuts

    The climate safeguard mechanism for large emitting facilities means reaching the 43pc emissions reduction target by 2030 is certainly “doable”.

    • Kerry Schott
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    Ausgrid CEO Marc England: now is the time to have a proper debate on the role well-regulated distributors can play in the energy transition beyond maintaining poles and wires.

    Distributors can drive lower-cost transition

    Electricity distributors can help deliver a lower cost, more socially equitable transition.

    Sponsored 

    by Ausgrid

    Nuclear plant under construction in the UK: Australia may be already too late to follow.

    Nuclear power deserves a fair hearing

    The opposition and the government fail to answer critical questions on their respective nuclear stances. It is time to get the experts in.

    • Bruce Mountain
    Peter Dutton has announced his nuclear reactor idea, but has yet to reveal how much it would cost.

    Coalition’s taxpayer-funded nuclear con a road to ruin

    We estimate that the fiscal damage would be in the order of a minimum $100 billion “nuke builder” tax, but likely considerably more given the international experience.

    • Tim Buckley and Annemarie Jonson
    We must repeal legislation preventing the use of nuclear energy in Australia and we need to seriously address energy market design.

    My nuclear talk was cancelled. Here is what I would have said.

    My presentation to Engineers Australia would have outlined why a nuclear-based energy system would cost consumers half as much with four times fewer emissions.

    • Robert Parker
    Very few companies are hitting their emission targets.

    Why top companies are starting to back away from green targets

    In the past year, many of the world’s biggest companies have dropped or missed goals to cut emissions or to loosen ties with polluting sectors.

    • Kenza Bryan and Attracta Mooney