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Carbon challenge

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Beach Energy’s Brett Woods at the Australian Domestic Gas Outlook conference in Sydney.

Gas policy ‘taken over by activists’: Beach CEO

Brett Woods also took aim at politicians opposing local gas supply projects that are forcing the industry towards more emissions intensive and expensive imports.

Korea and Malaysia have invested about $14 billion in Santos’ GLNG export venture.

Korean giant strikes out at gas intervention

Kogas has questioned whether it can still rely on its contracts to buy Australian LNG, given mounting government intervention in the domestic gas market.

tephen Panizza, co-founder and head of renewables Federation Asset Management.

Federation plots a path from asset manager to batteries developer

The investment firm is launching a multi-billion dollar platform that will specialise building and operating large, long-duration storage.

Santos breaks ranks on Dutton’s gas plan

The gas producer looks set to emerge as a winner under the Coalition’s gas policy, despite it being widely blamed for the risk of shortages on the east coast.

Santos Barossa delay feared as politics envelops gas

The deferral of a ruling on the North West Shelf venture has stoked fears that other gas projects will also fall victim to the fractious politics around the fossil fuel.

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March

The hydrogen market has developed much more slowly than hoped.

Asia’s hydrogen hopes in Australia suffer another blow

Korea’s largest electric utility has failed to secure funding from the federal government’s Hydrogen Headstart for a project in Newcastle.

Hydrogen-powered trucks like this Toyota model are not hitting Australian roads as fast as the government thought.

Labor quietly diverts $75m from hydrogen-powered truck scheme

Getting more hydrogen-powered trucks to carry freight was a key plank of Chris Bowen’s plan to decarbonise the road transport sector. It hasn’t turned out that way.

‘The big lie’: Why governments can’t deliver cheaper power

Political leaders have been promising lower power bills for two decades, but they should come clean about its true costs.

Santos chief executive Kevin Gallagher has led the company for more than nine years.

Succession question swirls around Santos chief executive

Kevin Gallagher will mark a decade at the oil group next year and analysts, fund managers and a proxy adviser want answers on who will eventually replace him.

Here’s a sector breakdown of Jim Chalmers’ budget.

Foreign investors banned: What else is in it for you

From a ban on foreign investors buying existing houses to pork-barrelling road projects in marginal electorates, here’s a sector breakdown of the budget.

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Could offshore wind blow Alex Dyson off course?

The independent launched his political career with a dance backing renewable energy by impersonating a windmill. Today, he’s dancing to a different tune. Voters say that won’t work.

BHP believes the sheds and infrastructure at Mount Arthur will be valuable for an industrial user beyond mining.

BHP’s Mount Arthur closure plans face pushback from politicians, union

The massive thermal coal operation would be closed at the end of the decade under plans lodged by the resources giant, which wants to build a hydroelectric dam.

LNG imports may not be needed until later this decade under AEMO’s latest gas outlook.

Winter gas threat pushed out but shortages loom

The energy market operator expects winter gas shortages to hit Victoria in 2028 and predicts a serious energy shock without new investment. Queensland says it will keep coal-fired power stations open longer.

The AI economy has a massive vulnerability

Subsea cables channel data and power, but they face escalating dangers, and multiple incidents in the past few months have highlighted those risks.

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.

New Hope soars on signs the worst is over for coal prices

Thermal coal prices may have slumped 77 per cent over the past two-and-a-half years, but New Hope defied the trend with higher volumes, profits and dividends.

Victoria’s mainstay of gas supply, the Bass Strait fields, are now depleting rapidly.

Looming threat to curb Queensland LNG exports spurs new drilling

The concern among Queensland’s LNG exporters about a crackdown on Asian sales contract renewals is pushing them to drill for new gas to supply domestic customers.

Cement production is one of Australia’s most trade-exposed industries.

Lack of carbon border tax could force jobs offshore

Australia’s cement producers say the government’s “highest climate policy priority” before the budget should be a carbon border tax to protect local jobs.

Transgrid CEO Brett Redman at the CEDA function in Sydney.

Transgrid seeks government support for vital $700m grid investment

Transgrid CEO Brett Redman says the company needs NSW government and regulatory support to proceed with investments without blowing-up its credit rating.

Cannon-Brookes opens with the classic move of acknowledging the apparent contradiction so that critics can’t weaponise it.

Private jets and public virtue: unspinning Cannon-Brookes on climate

The MCB playbook is clear: acknowledge contradictions before critics turn them into weapons, overwhelm with technical solutions, reframe luxury as sacrifice, and wealth as the solution.

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Power prices are set to fall across most of the eastern states.

Ministers’ push on energy prices could hurt most customers: retailers

Energy retailers said cutting a flagged power price increase would result in higher prices for customers on discounted deals after ministers urged the regulator to dig into a big jump in their costs.

CEFC CEO Ian Learmonth

Green bank backs electrification, but offshore wind too risky

Clean Energy Finance Corporation chief executive Ian Learmonth says the $33 billion fund has shifted towards supporting household electrification and major poles and wire projects vital to Australia’s green energy transition.

Squadron has almost completed construction of an LNG import terminal in Port Kembla, NSW.

Forrest’s Squadron takes swing at APA in secret ministerial submission

In a secret ministerial submission, Squadron complained that APA is creating a false sense of security amid plans for LNG gas to be imported to the south-east.

Energy Minister Chris Bowen.

Consumers trapped by rising cost of energy failure and power bills

Power prices will be a key election topic as Labor sells the benefits of renewables and the Coalition insists nuclear offers the only affordable answer. But under both plans, it’s customers who will pay.

Don’t want another Cyclone Alfred? This data says one’s coming

Hot temperatures in the world’s oceans are making storms and cyclones more destructive. Australia is uniquely vulnerable.

Original URL: https://www.afr.com/carbon-challenge