Neoen raises $1.4bn to fund new renewable developments
The funding will allow one of Australia’s largest renewable energy developers to accelerate developments as it targets 10GW of new capacity.
Climate Change
Fury over bank’s ties to weapons company
Protesters have targeted ANZ bosses over the bank’s ties to the world’s largest weapons company and its funding of major polluters.
Renewables tsar throws weight behind nuclear
Renewable energy rich-lister Trevor St Baker has backed the development of nuclear energy in Australia, saying it was ‘absurd’ it remained banned in face of a broken power sector.
NSW to rush through new housing for energy workers
Labor hopes that by permitting new energy worker accommodation to be built, it will temper community opposition that threatens to delay large-scale wind and solar developments.
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Zealotry has no role in ‘rational transition to a net-zero future’
Gas industry veteran Richard Cottee believes natural gas has a vital role to play in any ‘rational’ transition towards a net-zero future, warning against zealotry in the nuclear debate.
Westpac boss concedes more climate action needed
Westpac’s outgoing chief has told investors more needed to be done to tackle climate change as a coalition of shareholders demanded action at the AGM.
South32 a big winner as WA backs down on greenhouse gas policing
South32 had told the WA government that 1700 jobs were at risk if it proceeded with regulating greenhouse gas emissions.
Start-up puts the heat on Chevron in energy trial
Energy giant Chevron will use renewable energy blocks from Newcastle start-up MGA Thermal to power a five megawatt per hour unit to store and process heat in the US.
Climate protesters swarm premier’s office
Climate activists have held a snap protest outside a premier’s office over the approval of the largest gas plant in the southern hemisphere.
Beware the lessons of history on costings: Grattan Institute
Pretty much every major energy project in Australia has run way over budget in recent years, so treat long-term nuclear costings with caution, the Grattan Institute’s Tony Wood says.
‘Green transition will be a huge challenge’: AGL CEO
Damien Nicks of the nation’s biggest power generator says its critical to provide secure, affordable energy while funding the renewables rollout.
Red tape’s threat to net zero target
Hundreds of millions of dollars of foreign investment could slip through Australia’s fingers and net-zero targets could fail because of environmental approval red tape, a new report says.
Aussie climate goals ‘within reach’
The state and territory emission reduction targets in place can give Australia a “springboard” to stronger climate goals, new research finds.
Samsara Eco strikes recycling ‘breakthrough’
A climate tech start-up has developed another enzyme to break down a common type of nylon allowing it to be recycled indefinitely.
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