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Tony Wood

This Month

A gas rig on the North West Shelf off Western Australia.

Labor is adrift on gas policy. Here’s why that’s bad

Without a clear strategy, Labor leaves the field open to those who insist we should stop all gas now, and those who argue that gas will be around for many decades yet.

May

The platform for success was created during Labor’s first term, and the second term should be one of relentless delivery.

Four critical energy and climate must-do’s in Labor’s second term

Tackling climate change and driving the energy transition may not have been top of mind for voters, but these issues will define how the government is judged in the decades ahead.

March

Victoria’s energy challenge explained (in 7 charts)

The state has been powered by vast reserves of cheap oil, gas and brown coal. But it faces blackouts in coming years – here’s how that happened.

No issue before the Australian people at the 2025 federal election is more important.

What the next government must do to get emissions and power prices down

Four major actions will be necessary to get Australia on track to the 2050 target. Three swift actions must be taken to ensure reliable and affordable electricity in the transition.

January

Woodside’s Louisiana LNG site.

Why Trump’s ‘drill, baby, drill’ mantra won’t work in Australia

The US president’s rationale that cheaper gas will power a manufacturing renaissance and reduce household bills can’t be applied to fix the energy woes here.

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December 2024

Squadron Energy’s terminal at Port Kembla may be able to deliver gas to Victoria by 2026, but customers have been so far unwilling to commit to firm commercial agreements.

Victoria is running out of gas and there is no easy fix

A gas-rich, wealthy country unable to supply gas to its major population centres is a massive policy failing. There is one “least-worst” solution.

November 2024

COP29 in danger of “going literally nowhere”: UNFCCC Executive Secretary Simon Stiell.

COP29 made slow progress in the hottest year ever

The value of the international climate talkfest is again under the spotlight. But Australia should stay on board what has been described as humanity’s life raft.

There is an alternative. It begins with the recognition that tackling climate change is not an ideological choice. It is an existential necessity.

Climate change has broken Labor’s promise to cut electricity bills by $275

The reality for both sides of politics is that delivering lower emissions and reducing power prices is a false target. This is not negotiable – we cannot negotiate with physics.

September 2024

. It behoves both Labor and the Coalition to put credible net-zero plans to the electorate. The stakes have never been higher.

Six points that Peter Dutton’s nuclear plan has to answer

The major parties are further apart than ever on energy policy, and neither has a credible plan to reduce prices. Where does that leave the Coalition’s nuclear gamble?

August 2024

Labor’s flagship Future Made in Australia legislation is now before the Senate.

How to keep Future Made in Australia out of the pork barrel

Industry policies rightly have a bad name. The government needs to tighten the wording of its FMIA bill if it wants to prevent abuse.

We probably have enough Band-Aids, partial solutions, and government funding to muddle through until most coal-fired plants have closed.

Fixing the electricity market for good

The Productivity Commission looks set to review the 1990s-era electricity market design. The key will be making sure that governments stick to an agreed fix.

June 2024

The share of renewables was expected to almost double from 44 per cent in 2025 to 83 per cent by 2030.

Why 2030 targets are in trouble and Australia may fall short

In hindsight, the scale and pace of the task were underestimated by federal and state governments.

April 2024

Australia can have a net-zero electricity system that is both affordable and reliable.

Post-coal power choice is renationalisation or redesigning the market

An integrated net-zero electricity system depends on governments restoring faith in the market delivering enough power to the right places at the right time.

March 2024

Demand for gas in the southern states, particularly Victoria, is strongly influenced by the need for winter heating.

Running out of gas is avoidable – but we need to move fast

Declining production from offshore Victorian gas fields is unlikely to be substantially replaced by new local gas supply.

February 2024

Australia is the only developed country, apart from Russia, to not have standards for vehicle CO₂ emissions.

Put the foot down on clean car standards

Stricter rules for lower-emissions new vehicles are long overdue, and the risks are easily managed.

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December 2023

For such a small molecule, hydrogen’s possible contribution to fixing climate change has been hyped beyond reality.

Less hype, more hard work needed to realise hydrogen hopes

Hydrogen offers three big opportunities that should be grasped now, and realising them without undue hope or excessive long-term subsidies requires focused analysis and clear policies.

November 2023

Under the scheme, the government will run six-monthly competitive tenders.

Green power play could hit target or destroy electricity market

The bottom line on the Capacity Investment Scheme will depend on whether it’s done well and the risks are managed.

Solar panels in a flooded Greek village as global climate change becomes impossible to ignore.

Chalmers has rebooted energy policy

A mid-term government is now realising that energy and climate must become a focus for the whole cabinet.

August 2023

About 10,000 kilometres of new transmission lines will be needed to connect a nine-fold expansion of wind and solar farm capacity.

How to get the energy transition back on track

Current trends will mean missing our 2030 emissions targets, risking electricity reliability and failing to deliver the federal government’s promise of cheaper power. Change is urgently required on all three fronts.

June 2023

The biggest number of users are the 5 million households that use gas for cooking and for heating their hot water and homes

Hydrogen is too far off to replace gas power

Electricity already does the same job as natural gas in millions of homes and small businesses and is steadily becoming net zero emissions.

Original URL: https://www.afr.com/by/tony-wood-p4yvkn