rss

The Parkinson Report

  • 4
    Big Oil needs a Plan B. It hasn’t got one

    Big Oil needs a Plan B. It hasn’t got one

    Just how much trouble is Big Oil in? The biggest, richest and most ruthless industry sector ever to strut the global economy is facing an existential crisis thanks to plunging oil prices. And according to the latest analysis, it has no Plan B.

  • 7
    Citi: Battery storage to hasten demise of fossil fuels

    Citi: Battery storage to hasten demise of fossil fuels

    Investment bank says wide deployment of battery storage will hasten the demise of fossil fuels and utilities that remain focused on centralised generation. It tips rapid fall in costs and a $400bn storage market by 2030.

  • 54
    Abbott’s Achilles Heel: Is it ideology or ignorance?

    Abbott’s Achilles Heel: Is it ideology or ignorance?

    Tony Abbott’s decision to award an Australian knighthood to a 93 year-old British prince tells us all we need to know about this Coalition government: isolated, ignorant and locked in the past. Now we may find out if there are any moderates left in government, and if Australia’s climate and clean energy policies can be retrieved.

  • 22
    Australia thumbs its nose at global renewable energy market

    Australia thumbs its nose at global renewable energy market

    Australia has again courted controversy on the international stage, sending an embassy staffer instead of its energy minister to the annual congress of the International Renewable Energy Agency. Shades of Warsaw and its decision to snub the climate change conference – another international policy arena it seeks to avoid.

  • 3
    Saudi power giant sees solar taking on base load fossil fuels

    Saudi power giant sees solar taking on base load fossil fuels

    Saudi Arabian power giant says combination of cheap solar PV and solar tower and storage will be cheaper, cleaner and more reliable than base-load fossil fuels. The market is now talking about a “seismic change” in the industry, but western countries are still in shock.