Having dithered on real action to tackle global warming, some in the Coalition are now taking a keen interest in solving it — by going nuclear. Noel Wauchope investigates what's behind the sudden push to overturn legislation prohibiting the exploration and mining of...
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Plans by Scott Morrison and Angus Taylor to deliver power plants across the nation are in disarray; the $1 billion Grid Reliability Fund has not materialised, green bank investment has shuddered to a halt and the $300 million fund at the heart of the National Hydrogen Strategy has vanished
As Santos reports its profits this week, there is one number you are unlikely to hear from chief Kevin Gallagher: $7 billion. That’s $7 billion in gas losses over five years
In the aftermath of the worst bushfire crisis in Australia’s history, Whitehaven Coal and the NSW Mineral lobby are trying to push a new coal mine through the Independent Planning Commission. This is one of dozens of new coal projects.
Battery metal Sovereign Wealth Fund for Australia
BlackRock, the world’s biggest fund, is quitting thermal coal. The move by the $10 trillion fund has stunned financial markets. While the people protest in the streets, progressive analysts such as IEEFA’s Buckley, who had lobbied hard for the BlackRock decision, protest about climate change to global finance bosses.
Who Pays: should ordinary taxpayers foot the bill for bushfires or the fossil fuel giants who pay no tax?
Five of Australia’s top coal companies – Peabody, Yancoal Sumitomo, Citic and Whitehaven – racked up $54 billion in total income over the past five years and paid zero income tax in Australia, according to Tax Office corporate tax data. Fossil fuel companies should foot the bill for the fires, not ordinary taxpayers.
As bushfires rage and the demands for action on climate rise, the gas cartel is developing a suite of enormous fossil fuel projects destined to blow Australia’s commitments to the Paris Agreement to smithereens”. Michael West reports on the push to frack new provinces; the propaganda and the reality.
Norway delivered its oil & gas riches to its people, Australia delivered the profits into foreign hands, having done the exploration, spending years and billions proving up giant gas fields. As the gas cartel rakes in the profits exporting LNG at the expense of local consumers
What an outrage it is that the Northern Territory doesn’t increase its grape production, rather than importing wine from South Australia! And what about those lazy Tasmanians; rather than producing their own mangoes and pineapples they import them from Queensland!
Liquid Natural Gas (LNG) is a trillion-dollar, climate change-inducing value destruction machine. It relies on false economics, selective accounting and political capture. Stewart Taggart reports.
“This ticks so many boxes,” an adamant George Christensen told Seven News. “Local jobs, indigenous self-empowerment, indigenous training, local jobs”.
The sudden push by Murdoch media and Coalition right-wingers to overturn the nuclear power ban ignores the chilling economic cost. According to Noel Wauchope, it’s enough to give we taxpayers an attack of the collywobbles.
Why would a billionaire persist with a mine that will probably lose money? John Quiggin explains. BY MID-JUNE, if everything goes as expected, Adani Australia will receive the final environmental approvals for its proposed Carmichael coal mine and rail...
Defying all odds, prospects for Adani’s coal mine in the Galilee Basin have never looked better. This is a risk for Australia, and the world
This reporter had not been barred from attending a public meeting in two decades of journalism but it finally happened. Michael West reports on the sneaky push to exempt a Chinese-owned tax avoider from the National Gas Rules
The Adani pile-on continues apace this week with Bob Brown's Stop Adani convoy, Queensland Government's rejection of the miner's management plan for the endangered Black-Throated Finch and the UK's upping of the global stakes with its "climate emergency"....
Treasurer Josh Frydenberg's first budget tomorrow is expected to deliver a predicted surplus thanks to Australia enjoying its second largest increase in mineral exports on record. But for the winner of the 2019 federal election, the surplus will likely be short-lived...
The price of a solar module has crashed 90 per cent since 2010. That was the year when Adani bought into its Galilee Basin coal project but it is now demanding compensation from Australian taxpayers
Scott Morrison made the pilgrimage to Texas last year to visit Exxon bosses. The then Treasurer might have prodded them to pay tax in Australia, but no
Energy Australia is owned by a company in the infamous tax haven of the British Virgin Islands. For the fourth year on the trot, the gas and electricity behemoth paid zero income tax
How Adani stacked the landowner meetings before it sought court orders to bankrupt traditional landowner, Adrian Burragubba, who tried to stop its coal mine.
The press release does not say they are starting the mine. It says they are starting the mine imminently. They have been starting the Carmichael coal mine imminently for many years
According to the chair of the Coalition’s backbench energy committee, Craig Kelly, the RET’s penalty for committing grievous bodily harm to mining profits should be death by firing squad rather than its current slow death by hanging. Getting rid of the...
High in their splendid eyries above Clarence and Collins streets, scores of tax advisers from EY, KPMG, PwC and Deloitte have been beating their fee-clocks by the hour, cooking up fancy new loopholes, plotting how to beat the system.