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    Policy

    Energy & Climate

    Today

    Former NSW treasurer Matt Kean.

    Conflict concerns at Kean advising government and rich investors

    Former NSW treasurer Matt Kean has defended taking dual roles as a federal government climate change adviser and at a private green investment fund led by a former Macquarie banker.

    • 1 hr ago
    • John Kehoe
    Silva Capital founder and co-managing director Raphael Wood (foreground) with (L to R)  investment director Max Butler, co-managing director Brad Mytton and investment director Roger Cameron in Centennial Park, Sydney. Silva Capital is launching a high integrity carbon fund. Photo: Kate Geraghty

    BHP, Rio and Qantas back $250m carbon fund to beef up emission offsets

    The fund is being run by Silva Capital, itself a joint venture of agriculture-focused private capital investor ROC Capital and C6 Investment Management.

    • Ben Potter
    Climate Ltd cannot overlook emissions reduction.

    Cheap, fast and low-risk climate action opportunities

    The core principles that drive good investment are also at play in climate change. Climate Ltd should think about diversifying its emission reduction bets.

    • Kate Howitt and Gates Moss

    This Month

    Future at stake: more than half of Australia’s corporate decision-makers believe the nation’s energy transition is trailing the rest of the world.

    Corporate heavyweights fear nation falling behind on climate

    Leaders across the nation’s largest industries are increasingly concerned that Australia is falling behind in the global race to address climate change.

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    by Schneider Electric

    Prime Minister Anthony Albanese and Minister for Climate Change and Energy Chris Bowen ta the opening of SunDrive’s manufacturing plant in Kurnell. November 1, 2023. Photo: Rhett Wyman / SMH

    Cannon-Brookes, Turnbull-backed solar maker cuts staff, replaces CEO

    SunDrive, which also counts Blackbird as an investor, is restructuring its business at the same time as it courts global partners to expand its operations.

    • Ben Potter
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    Woodside Energy’s Browse project is off the coast of Broome. It has already scrapped plans for an onshore LNG processing facility.

    Woodside’s $30b Browse LNG project faces EPA knockback threat

    The recommendation is not final and could be reversed after further negotiations, but a final rejection would be a blow to Labor’s long-term gas strategy.

    • Updated
    • Ben Potter, Tom Rabe and Brad Thompson
    Estimates suggest that most of the healthcare sector’s carbon emissions come from broader supply chains.

    Embracing sustainability in the healthcare sector

    The road to net zero requires all industries to press for carbon neutrality.

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    by Smartways

    Australia Prime Minister Anthony Albanese and China President Xi Jinping.

    How China would work with Future Made in Australia

    Chinese economic modernisation encompasses enormous potential for bilateral cooperation in emerging sectors such as green development and the digital economy.

    • Xiao Qian

    July

    Anthony Albanese started his address to the NSW Labor conference on Saturday with news about Jabiluka.

    Jabiluka was cancelled by edict from above

    The decision to mine the uranium deposit or not should have been taken by the parties involved, not through the high-handed intervention of an anti-nuclear government.

    • Tony Grey

    Nuclear talk finally goes ahead after Holmes à Court criticism

    The engineer whose nuclear speech was cancelled the day renewable energy advocate Simon Holmes à Court objected to it has finally delivered the talk.

    • John Kehoe

    We need to clear the runway for new gas supply

    Growing acceptance from governments of the role of gas in the energy transition is yet to translate into actions to clear the backlog of projects stuck in regulatory approval purgatory.

    • Samantha McCulloch

    Uranium mining bans belong to a previous era

    Labor’s efforts to keep Australia’s energy transition uranium mining-free amount to a self-defeating hobbling of the nation’s green superpower hopes.

    • The AFR View

    That cool op-shop jacket could earn you carbon credits

    Federal regulators are considering a proposal to offer financial incentives to consumers who buy second-hand clothes.

    • Peter Ker
    CO2 put into the atmosphere this year will continue to warm the earth for 25 years.

    The common sense path to net zero

    Looking at the environmental crisis through the lens of financial frameworks, the core principles that drive good investment are also at play in climate change.

    • Kate Howitt and Gates Moss
    Callide in Biloela, Queensland, will be one of two plants transformed to nuclear under Peter Dutton’s proposal.

    Qld premier raises problem of water risk under Dutton’s nuclear plan

    Labor Premier Steven Miles has quoted a new report outlining the need for a state-based plebiscite to adopt the Coalition’s nuclear plan.

    • James Hall
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    Future-minded asset owners have not given up on Paris.

    Delivering the world’s most important corporate rescue

    What’s true for commodities is true for the greatest eleventh-hour turnaround in human history. In climate terms, that means “the cure for high emissions is high prices”.

    • Kate Howitt and Gates Moss
    Andrew Forrest has scaled back Fortescue’s green hydrogen ambitions.

    Hard energy reality has mugged Fortescue’s hydrogen dreams

    Andrew Forrest is not alone. Many corporates have suffered a similar delusion about simple, easy and cheap transition.

    • Patrick Gibbons
    Andrew Forrest’s says Fortescue will remain financially disciplined as it pursues its green vision.

    Picking green over blue is stalling our hydrogen superpower hopes

    Labor’s tax incentive scheme maintains the habit of describing identical molecules with colours of the rainbow. It is out of step with Australia’s competitors and customers

    • David Heard
    Opposition Leader Peter Dutton is now pushing for nuclear power plants, such as this one in Georgia, in the US, to solve Australia’s need for new energy generation.

    It’s an energy race between the implausible and the impossible

    Peter Dutton has come up with a nuclear-powered cost of living wedge to expose Labor’s overreach on renewables and sustainability.

    • Matthew Warren
    A nuclear power plant in Bavaria, Germany.

    CSIRO brings science, not politics, to electricity cost debate

    Some nuclear fans claim the agency has a position on Australia’s energy mix. That is both wrong and a misinterpretation.

    • Doug Hilton