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Diamonds are a koala’s best friend

Global fashion jewellery brand Tiffany is raising money to save Australia’s koalas by selling  diamond encrusted koala shaped jewellery priced at up to $24,000 and donating the profits to a conservation organisation. Importantly, Tiffany have been quick to draw media attention to the virtue of their actions, triggered when Tiffany executives watched the impact of

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When starting a new job, try not to make promises you can’t keep

First impressions matter. The Australian energy community has been waiting patiently for two months to hear from newly installed Australian Energy Market Operator (AEMO) CEO Daniel Westerman. Yesterday a CEDA lunch in Melbourne was set as his unofficial coming out, his debutante ball. The headline message from Westerman’s carefully scripted lunch speech was that he

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The enforcer

A key role of the Australian Energy Regulator (AER) is the monitoring and enforcement of the national energy rules. When energy businesses fail to comply with the rules the AER can fine them or take them to court to seek a bigger penalty. The AER has just published a summary of its enforcement activity for

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Up, up and away…

Spot gas prices in the Victorian DTS system hit an eyewatering $58.44/GJ briefly on Friday. This is around 10 times the average price. What caused this price spike and what does it mean for gas users large and small? The price spike was due to a perfect storm of incidents and conditions. On the demand

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Why is the Yallourn deal a secret?

In March this year the Victorian Government announced it had struck a deal to close the Yallourn coal fired power station four years early, in 2028. The details of the deal with the power station owner, EnergyAustralia (EA), remain confidential, described by Victorian Energy Minister Lily D’Ambrosio at Budget Estimates in June as “commercial in

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Another day, another interconnector

It’s only a few weeks since Project EnergyConnect, the South Australia-New South Wales interconnector, was finally confirmed to be going ahead. The $2,275m transmission line is the most expensive single project to be built since NEM start. But its record may not stand for long, as an even bigger project cleared its latest hurdle. Marinus

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