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Fossil fuels

Yesterday

Leader of the opposition Sussan Ley in the House of Representatives on Friday.

Coalition to target native forests in attack on Labor’s green laws

Liberal leader Sussan Ley is heading the Coalition charge as it tries to exploit grievances about Labor’s forestry deal with the Greens.

This Month

Climate Change Minister Chris Bowen in Question Time this week.

Real-world tests make it harder for car makers to meet emissions rules

A SUV by Chinese car maker Chery and Toyota’s popular Camry hybrid showed the biggest gap between lab testing and real-world results.

cheaper.
A continued focus on improving aircraft and engine efficiency is a more pragmatic way to reduce aviation’s carbon impact.

Net zero aviation fuel shouldn’t take off

There are cheaper and less environmentally damaging ways to decarbonise jet travel.

Santos Moomba carbon capture and storage project.

Santos wins in record credits for carbon capture

Santos’ flagship carbon capture project in South Australia is setting records one year into operation, but CEO Kevin Gallagher wants the government to do more.

October

Brookfield Asia Pacific CEO Stewart Upson.

Brookfield, Powerco to pay $1.8b for NZ energy distributor Clarus

The sale process benefited from a dramatic change in the New Zealand government’s approach to fossil fuels.

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September

Big super’s stepped up to fund expansion of a renewable energy group.

The government has a tough climate policy task

Readers’ letters on the need for social licence for climate policy, energy security, Trump’s paracetamol claims, Albanese in New York and Nvidia’s AI deals.

Forestry deal boosts green fuel start-up’s $1.8b project

HAMR Energy plans to develop a $1.8 billion facility at Portland on Victoria’s west coast to power aviation and shipping.

New Hope chief executive Rob Bishop says the government should be mindful of the coal industry’s economic contribution.

Australia ‘should be the main supplier’ of coal as demand grows

The coal miner’s chief executive Rob Bishop urged the government to set “sensible” climate targets for 2035.

Norway

‘$1b for a ship tunnel’: Is Norway too rich for its own good?

Norwegians fear their wealth is making them lazy and complacent. Value for money was a key campaign issue in the rich Nordic country’s just-held election.

August

Ampol chief executive Matt Halliday at a petrol and EV charging station in Alexandria.

Ampol calls for changes to refinery support after profits dive

Losses at the Lytton oil refinery in Brisbane dragged down first-half profit and contributed to a one-third cut in the interim dividend.

You can sense the mood change this week – or perhaps fund managers are just too busy to complain.

The $1.1b fuel bet that could change the way you fill up

A few months after introducing a new strategy to investors, Ampol is going all-in with a $1.1 billion deal.

Labor has a 50 per cent target of all new vehicle sales being electric; the coalition wants to scrap road-user charges for electric vehicles.

Could an EV road-user charge pave the way for more tax reform?

Maybe committing to modernising how we pay to use roads might whet the appetite for other taxation reforms that need to be discussed at next week’s summit.

Sustainable aviation fuel is one way to reduce carbon emissions in the transport sector.

Airbus warns Australia is ‘sleepwalking into fuel crisis’

Australia imports more than a quarter of its liquid fuels from China. Global aviation giant Airbus says it can make it locally – and sustainably.

July

Dealmakers have made a motza turning over ownership of Australia’s big petrol station groups, and they’re not done yet.

Petrol pass-the-parcel: Woolworths curse too much for EG

Fifteen years ago, the supermarkets and offshore oil giants dominated Australian fuel sales. A succession of $1 billion-plus deals has changed things dramatically.

Richard Owen, former chair of ExxonMobil Australia.

Sustainable fuel hopeful HAMR Energy revs up with funding round

HAMR Energy has launched its Series A funding round, hitting up high-net-worth individuals, venture capitalists and strategic investors.

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June

Impending coal shutdowns are making it more difficult to manage blackouts.

Grid operator warns coal shutdowns could prolong blackouts

Australia’s energy market operator says the green transition is making it more difficult to manage power outages.

Gas tanker

Future gas reservation won’t get us over ‘valley of death’: energy CEO

EnergyQuest chief executive Rick Wilkinson said a prospective change to reserves was “unlikely to solve the problem” of Australia’s east coast gas shortage.

May

Australia is one of the largest producers of gas, and Westpac lends to both of the ASX-listed giants, Woodside Energy and Santos.

Westpac shifts climate targets and eases path for more lending to gas

The bank, which lends to Woodside Energy, will change lending rules even as it demands better energy transition plan disclosures from borrowers.

Environment Minister Murray Watt is due to make a decision on the NW Shelf gas project this week.

Labor poised to approve controversial NW Shelf gas project

The Albanese government has made its strongest signal yet that it will give the nod to Woodside’s long-delayed development.

April

Queensland’s renewed lack of ambition on emissions reduction could put Australia’s international climate targets at risk.

‘No hope’: Shock coal plant extensions to drag on 2030 climate targets

The Crisafulli government’s plans to wind back the state’s climate goals are likely to put Australia’s Paris targets further out of reach.

Original URL: https://www.afr.com/topic/fossil-fuels-6g6g