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Energy News Brief

The Australian reports confidential modelling underpinning Scott Morrison's plan to meet a 2050 net-zero target shows gas, resources and agricultural exports will continue to grow and exceed current levels by mid-century, as the Liberals and Nationals edge closer to securing a deal on a Glasgow climate change package.

Oct 19 2021
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Energy News Brief

The Australian reports the Nationals have withheld support for a net-zero plan after a marathon four-hour partyroom meeting, making a better deal for the regions a condition of any agreement with the Liberals for a 2050 target ahead of the Glasgow climate change summit.

Oct 18 2021
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Energy News Brief

Newscorp features an explainer piece about using gas as a natural alternative as part of its Mission Zero campaign. While according to the Australian Financial Review, Andrew Forrest has said "green hydrogen" powered by renewable energy is the way to reduce Australia's carbon emissions.

Oct 15 2021
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Energy News Brief

The Australian writes senior Nationals are threatening to delay endorsement of Scott Morrison's net zero 2050 plan until they secure guarantees more ambitious climate targets will not damage jobs or regional economies in a move that risks splitting the government.

Oct 14 2021
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Energy News Brief

The Australian reports Transgrid has released its energy vision for Australia’s electricity system. The NSW electricity grid owner has crunched six scenarios for the nation's energy sector out to 2050.

Oct 13 2021
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Energy News Brief

The Courier Mail reports most Australians want the government to act on climate change but almost half say they don't want to pay for it, according to a nationwide YouGov poll. The poll found a large majority in all states said Australia should switch to 100% renewable energy by 2050.

Oct 12 2021
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Energy News Brief

The Australian reports the largest hydrogen equipment facility will be built in central Queensland. Annastacia Palaszczuk has declared Andrew Forrest’s Fortescue Future Industries manufacturing plant as the next step to transform Queensland into a renewable energy superpower. While in the AFR Tim Reed and Jennifer Westacott write the BCA are backing more ambitious interim targets to send strong investment signals that Australia means business.

Oct 11 2021
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Energy News Brief

The Mercury reports environmental assessments have been lodged with commonwealth and Victorian regulators for the Marinus Link interconnector. While The Age reports the nation's coal exports are likely to be cut in half by mid-century if international climate efforts succeed in holding down global temperature rises to 1.5 degrees.

Oct 08 2021
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Energy News Brief

The Australian Financial Review reports electricity demand hit new lows last long weekend, while wholesale prices in the NEM have also fallen ... Elsewhere Phillip Coorey reports the Federal Government should become a ‘financier of last resort’ for the mining sector if it wants Nationals' support for net zero emissions by 2050, Resources Minister and senior Nationals MP Keith Pitt says.

Oct 07 2021
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Energy News Brief

The Australian warns since September, nine smaller UK power distribution companies have collapsed and the underlying causes of those failures has the potential to affect Australia ... Elsewhere the paper also reports big Australian greenhouse gas polluters have pledged to hit net zero emissions by 2050.

Oct 06 2021
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Energy News Brief

The West Australian reports the Morrison Government is undertaking modelling on the jobs and industries that will be impacted by a commitment to net-zero emissions by 2050 with Energy Minister Angus Taylor's department along with Treasury and the Department of Prime Minister and Cabinet working on it.

Oct 05 2021
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Energy News Brief

Federal Energy Minister Angus Taylor said the global energy crisis was a ‘‘wake-up call'' for countries that wanted to dive headlong into renewable energy on the path to net zero emissions by 2050 without having proper back-up generation, the AFR Weekend reported.

Oct 04 2021
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Energy News Brief

The Age reports large-scale carbon capture and storage technology will now be rewarded under the Federal Government's scheme to incentivise reduction of industrial emissions. According to the Australian Financial Review, financial regulators are warning the economy risks missing out on foreign investment and being penalised by other countries unless Australia sets climate change rules that are similar to those overseas.

Oct 01 2021
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Energy News Brief

According to the Australian, Energy Security Board chair Kerry Schott said she “would hope” the government increases its 2030 target in Glasgow, while Energy Minister Angus Taylor will today unveil $250m of funding for the development of commercial-scale carbon capture, use and storage projects.

Sep 30 2021
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Energy News Brief

The Australian Financial Review reports Victoria's Big Battery fire in July was caused by a cooling system leak which caused a short-circuit in a Tesla Megapack. The AFR also reports the NSW Government has increased the state's 2030 emissions reduction target from 35% to 50% over 2005 levels … the Australian also follows the story.

Sep 29 2021
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Energy News Brief

Australians will get behind net zero emissions by 2050 if the Federal Government provides more detail on how it is going to reach the commitment without too much economic pain, according to industry groups, the Australian Financial Review has reported.

Sep 28 2021
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Energy News Brief

The Australian reports Scott Morrison is preparing an integrated climate change plan to more swiftly transition Australia's energy exports from fossil fuels towards new low emissions technologies and cleaner energy sources to avoid the nation being left behind as the world moves towards a net zero future.

Sep 27 2021
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Energy News Brief

The Australian reports President Xi Jinping has declared China will no longer build coal projects overseas ... Elsewhere the paper reports Resources Minister Keith Pitt says the outlook for Australia is positive despite China's announcement, and the ban could drive competition for gas and new technologies.

Sep 23 2021
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Energy News Brief

According to the Australian, Energy Minister Angus Taylor has "backed away" from his claim that an emissions-reduction target of 43 per cent by 2030 would be needed for Australia to reach carbon neutrality by 2050 ... While the Australian Financial Review follows the bidding between APA Group and Brookfield over Victoria’s AusNet Services.

Sep 22 2021
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Energy News Brief

The Australian Financial Review reported Canada’s Brookfield has made a $9.6bn takeover offer for AusNet Services, in the latest demonstration of the hunger among international players for Australian infrastructure assets that are well placed for the transition to low-carbon energy.

Sep 21 2021
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