Labor urged to move faster on energy transition
Emboldened by Labor’s sweep, renewable energy proponents have urged Anthony Albanese to capitalise on his political momentum and hasten the transition away from coal.
Emboldened by Labor’s sweep, renewable energy proponents have urged Anthony Albanese to capitalise on his political momentum and hasten the transition away from coal.
A push to bring an end to Rio Tinto’s dual listing has been knocked back by the mining giant’s shareholders, but the level of support for the motion means it could be revisited one day.
Labor offered Equinor 90 days to decide whether to accept an offshore wind licence offer in NSW – enough time for the election to be decided and for it to walk away if the Coalition wins.
Woodside has committed itself to the ‘game-changer’ Louisiana LNG project, which will test the patience of some investors who have pushed for the company to temper capital expenditure.
Labor has earmarked $1.2bn for critical minerals mining, but the chief executive of Australia’s largest rare earths miner insists it will do nothing but kickstart the development of new warehouses.
Coalition gas reservation policy fractured the market between apparent winners and losers. Santos boss Kevin Gallagher attending a Liberal function has escalated tensions even further.
The local sharemarket is poised for a modest bounce after US tech heavyweights including Apple took a breather from punishing tariff wars.
Santos chief executive Kevin Gallagher has dismissed suggestions he will leave the business when his loyalty bonus is paid.
The gas industry has cast doubt over the federal Coalition’s energy policy modelling but Opposition Leader Peter Dutton insists his plan will lower energy bills.
The collapse of Infinite Green Energy, once chaired by former Woodside Energy chief Peter Coleman, adds to the growing list of prospective hydrogen projects which have failed to materialise.
Original URL: https://www.theaustralian.com.au/author/colin-packham/page/5