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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A deal sealed?

The Morrison government has announced another of its signature energy deal packages with a Coalition-run state, this time South Australia. Following on from last year’s NSW deal, the package is a similar mix of funding announcements for electricity infrastructure, hydrogen pilots and aspirational gas production targets. The so-called Energy and Emissions Reduction Agreement is worth …

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Walking a political tightrope

The impending closure of the Yallourn power station poses a major reliability problem for Victoria. After Hazelwood in 2017, it will be the second of the state’s four giant brown coal generators to close. That’s the withdrawal of more than 3000 megawatts of dispatchable generation, and the emissions that go with them. Victorian Energy Minister …

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Mirror, mirror on the wall, who is the greenest of them all?

The WA Liberals’ bold energy and climate policy platform has enlivened what was looking to be a fairly run-of-the-mill state election. Given we are still in the middle of the COVID crisis, voters are expected to stick with what they know and re-elect the McGowan Labor government. In its four years, the McGowan government has …

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