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The AFR View

Departed Stanwell CEO a victim of climate and culture war politics

Richard Van Breda has been taken out just as the truth of the message about coal-fired power and renewable energy has been confirmed.

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The full truth of the departure of Richard Van Breda as chief executive of the Queensland government-owned Stanwell Corporation is yet to emerge. But he appears to have fallen victim one way or another to another outbreak of climate and culture war politics.

At a conference last week, Mr Van Breda raised the prospect of mothballing the Tarong North and Stanwell coal-fired power plants before the end of their technical lives, due to the influx of cheap renewables into the electricity grid that are driving down wholesale power prices.

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    Original URL: https://www.afr.com/companies/energy/departed-stanwell-ceo-a-victim-of-climate-and-culture-war-politics-20210428-p57n3m