It’s expensive to get to net zero: Fortescue racks up $350m drill bill
Fortescue has started work on one of the giant solar farms it needs to turn iron ore mines green and is forking out $350m for electric drill rigs.
Fortescue has started work on one of the giant solar farms it needs to turn iron ore mines green and is forking out $350m for electric drill rigs.
Frustrated by the lack of progress in emissions-free air travel, Dick Smith is offering a valuable prize to the first person to fly an electric aircraft from England to Australia.
Renewables pioneer RayGen Resources says the $127m Series D funding it’s raised is among the largest clean energy technology capital raisings ever in Australia.
Aussies have been warned of scammers trying to deceive people with too-good-to-be-true investment opportunities after a big hit to super funds.
Labor will use the Future Fund to help deliver its policy agenda, but energy industry figures say it alone cannot drive the transition away from coal.
Unlike Oracle, AirTrunk believes it can achieve net zero by the end of the decade with renewable energy rather than nuclear power.
Jim Chalmers has defended the sweeping changes to help “modernise” Australia’s $230bn sovereign wealth fund to prioritise issues like housing and renewable energy.
Symal Group will make its $437m ASX debut on Thursday, amid a $1.3bn pipeline of work underpinned by major government infrastructure projects.
One state could be the first to pay gas developers to be a backstop to renewables, a scheme long advocated by the Australian energy industry and curtailed by environmentalists.
Australia is making a major commitment to help poorer countries weather the effects of climate change.
Climate change-driven heat and cyclones have caused a large chunk of the Great Barrier Reef to drop in health, with some areas reporting the largest coral decline in 39 years.
BHP Australia President Geraldine Slattery says the ‘sugar hit’ Queensland receives from coal royalties won’t last, as the resource sector is at a `pivot point’ in the transition to new forms of energy.
Two world-leading nuclear experts have said Australia is poised to build its first nuclear reactor in less than 12 years, in a strong backing of the Coalition’s policy.
Despite being more expensive than virgin plastic, Belkin is using more recycled materials and is not worried about a short-term profit margin crunch as it urges others to ‘wake up’ to the climate crisis.
Original URL: https://www.heraldsun.com.au/topics/climate-change/page/19