NewsBite

Patrick Gibbons

December 2024

AEMO’s projections seem to understate the increasing importance of data centres which are set to be the largest commercial/industrial load in the system.

Finally, reality bites the faux economics of Australia’s energy debate

The Coalition’s nuclear costing report’s theme is that all technologies should be on the table and subjected to analysis that reflects the real world.

November 2024

Where does Australia fit into Trump’s new energy agenda?

Americans are set to adopt an all-of-the-above approach to energy, and they will wonder why we don’t.

October 2024

Yahya Sinwar in Gaza City on April 14, 2023.

Yahya Sinwar’s death leaves Iran with difficult choices

Whichever path Iran chooses, its role in the Middle East is about to change, and this can only be good for the region.

Demonstrators in front of the British embassy in Tehran as news breaks of Iran’s missile strikes on Israel.

Iran is playing its last few cards as its missiles strike Israel

Iran has little chance of defeating Israel in an all-out war. Tehran is in no position to dictate terms, and it knows it.

September 2024

Last year gold was Australia’s fourth largest export, after coal, iron ore and LNG.

Labor’s derailing the mining engine of Australia’s economic growth

The McPhillamys gold mine cancellation highlights the disconnect between the government’s agenda and the real world confronting the Australian resources sector.

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August 2024

Iranians burn a representation of the Israeli flag during the funeral ceremony of Hamas leader Ismail Haniyeh and his bodyguard who were killed in an assassination blamed on Israel.

Whatever happens next, Iran is in poor shape to fight anyone

Iran is under acute social, political and economic stress. Its rulers will be under pressure if they retaliate against Israel, or if they don’t.

July 2024

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.

Donald Trump looks closer to the White House than ever after Joe Biden’s stumbling performance.

A resurgent Trump will have consequences for Australia

Trump 2.0 will pile rising expectations in Washington on Australia’s military readiness and on its strategic minerals. But that’s just the start.

May 2024

Whoever succeeds Iran’s late president Ebrahim Raisi will have to bow to the same forces.

President’s death shows an Iran with few cards left to play

The death of president Ebrahim Raisi opens the way for a dynastic succession to Iran’s supreme leadership. The regime’s chief goal now is protecting the status quo.

Andrew Forrest’s big wins arrived in the form of tax incentives that will boost both his publicly listed giant Fortescue Metals Group and private interests.

Billions are not enough to realise critical mineral and renewable hydrogen hopes

Where the government can make a real difference is getting the basics right; starting with environmental approval processes is just too hard.

April 2024

Iran has huge drone forces and has fired hundreds towards Israel.

Iran is now caught up in a mess of its own making

The Tehran regime’s use of proxy forces has left it boxed into a regional fight that it does not really want.

In a few years time, data centres will be consuming more than the output of Australia’s biggest baseload power station at Eraring, NSW.

AI could stretch Australia’s electricity supply to the limits

It would be ironic if world-changing technology like AI ended up prolonging the life of coal-fired power.

February 2024

The retaliatory strikes point to a toughening US position, with the Biden administration saying everything is on the table, but the reality is different.

Like Carter in 1980, America’s Iran options today are limited

The retaliatory strikes point to a toughening US position, with the Biden administration saying everything is on the table, but the reality is different.

January 2024

EV demand is volatile and politicised.

Beware of the critical minerals trap

Australia relies too much on the next big thing in commodities, while penalising its huge conventional mining sector.

Iran has so far stayed on the sidelines of this conflict.

Wary of war, meddling Iran is vulnerable to more sanctions

A military attack would play into Tehran’s hands. But the Biden administration’s relaxing of pressure has allowed Iran to fund an escalation of conflict.

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December 2023

COP28 shows weaning the world off fossil fuels is hard to do

The hard reality is coal demand will be here for decades to come. Oil and gas are no different.

October 2023

The attack would not have happened without Iran’s backing.

Hamas attack shows nothing has changed in Iran

Going on for 44 years since the overthrow of the Shah, Tehran has tried to destabilise the region with Israel in the frontline.

August 2023

Three facts should drive Australian critical minerals policy.

Picking critical minerals winners requires hard choices

Just as governments played a central role in the development of steel or aluminium industries, Australia needs a critical minerals’ industry policy to become a market leader in downstream processing.

June 2023

New automotive technology will change  which minerals are considered to be critical.

The flaws in Australia’s new critical minerals strategy

The country should be maximising its advantages in copper and aluminium above all else.

Much of the interest stems from what corporate Australia has said in the past five years about reducing emissions and targets they have committed to.

Boards to blame for ESG mismatch

Company directors must bear responsibility for the regulator interest and threats of shareholder litigation after allowing management to make short-term PR promises that lack understanding of the real-world challenges of the energy transition.

Original URL: https://www.afr.com/by/patrick-gibbons-p536dz