SunCable a rollercoaster ride with no financial end in sight
Mike Cannon-Brookes made his money in software with Atlassian, and has big renewable energy aspirations with the SunCable project. But easy funding is proving elusive.
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Cannon-Brookes’ $40bn SunCable capital raising frozen out
The software billionaire wants to deliver one of the world’s biggest renewable energy projects. But a maiden $US100m capital raising campaign has failed to convince outside investors to back his decarbonisation dream.
Bosses demand tax reform as a priority
Business leaders and economists will demand changes in taxation and planning approvals at Anthony Albanese’s productivity roundtable, but the PM’s close adviser says expectations should be adjusted.
Gas review will consider stability of Australia’s international reputation
A wide ranging review leaves the door open to Commonwealth intervention while focusing on affordable gas for users. Here are the three things it will examine.
Fortescue green execs exit shrinking hydrogen dream
Two senior executives have left their posts in the latest management shake-up at the resources giant, founded by Andrew Forrest.
Wake-up call on green energy a hydrogen bombshell
The initial cost of producing green hydrogen from Australia’s two largest projects will be more than four times the price of rival energy sources, posing a fresh setback for Labor.
‘We have a moral imperative to stand up for what’s right’
The former Business Council of Australia boss said the nation’s leaders have a responsibility to stand up for what is right.
Gas giants demand 10-year backstop for energy security
Victoria is worried about gas shortfalls later this decade. Now, several industry heavyweights want a 10-year extension of a storage plant in the latest energy battleground.
Rival states ‘not playing fair’ in renewables rollout
South Australia has grand plans to develop a major green energy industry, accusing the national operator of failing to deliver modelling to match its ambition.
Gas move puts states on alert over extra costs
A Victoria-led plan to underwrite LNG imports faces a test at the next energy ministers’ meeting as states worry about households being saddled with extra costs.
Original URL: https://www.theaustralian.com.au/author/perry-williams