Middle Eastern players stand to make a fortune if they win control of Santos. But renewable energy project cost blow outs means Australia needs vast sums to fix the damage. It will be a tough decision for Chalmers.
Victoria’s two largest power stations are running at reduced capacity, increasing the state’s reliance on gas. But supplies are under pressure after a fault at major east coast plant.
The man accused of orchestrating an alleged mining fraud said he would extract precious metals from copper mine tailings. The project never got close to happening and a group of investors are owed a fortune.
Gas developers are fighting a new front from climate activists who are turning to sophisticated legal and regulatory diligence to stall or topple projects, even those with government backing.
It is a national tragedy the election debate got sidetracked with nuclear when the high cost of energy was replaced by slogans saying renewables are cheap, which was simply not true.
Keith Tuffley has spent two decades combining his passion for the environment with investment banking. ‘Are we handing across an economy, an environment and a planet which means that our kids will be poorer?’
A booming mining and defence state has delivered a surplus budget just nine months before voters head back to the polls, spending big on a key steel plant.
Serious concerns have been raised over SA’s baseload power capacity as the state braces for “unimaginable” increases in electricity demand over the next decade.
South Australia has grand plans to develop a major green energy industry, accusing the national operator of failing to deliver modelling to match its ambition.