Politics

When did energy go in the Federal budget?

Federal Budget’s aren’t supposed to include energy. Energy policy is the responsibility of the states, while Canberra has jurisdiction for setting climate policy to deliver Australia’s commitments to international deals, like the Kyoto Protocol and the Paris Agreement. So when energy gets $1.8 billion in a Federal budget, that’s political. It means the Government wants …

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The cutting edge: Victoria’s emissions reduction strategy

With great fanfare the Victorian government has launched its Climate Change Strategy, a year later than required by legislation (the government granted itself a sick-note as a result of the COVID-19 pandemic last year). The strategy confirmed Victoria’s interim targets for 2025 (28-33 per cent below 2005 levels) and 2030 (45-50 per cent) on the …

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AGL plans to split, loses CEO: what next?

AGL CEO Brett Redman has resigned “suddenly” in a turbulent week for Australia’s biggest energy company. He was immediately replaced by Chair Graeme Hunt who will manage the business until it reaches its as yet unspecified demerger date some time in 2022. That’s when AGL plans to split into two separate businesses: a retailer with supporting technology …

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