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Category: Markets

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Electricity demand rises but emissions fall as gas offset by wind

Electricity demand rises but emissions fall as gas offset by wind

NEM demand charts another monthly rise, driven by Queensland’s coal seam gas extraction industry. Meanwhile, emissions fall slightly as gas falls and wind rises.

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Carmichael coal mine deeper in doubt as NAB, LG walk away

Carmichael coal mine deeper in doubt as NAB, LG walk away

National Australia Bank becomes 14th global bank to rule out funding Queensland coal mine ‘that would dwarf Paris’; LG says it won’t buy the coal.

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Queensland's Energex passes 1GW mark for rooftop solar

Queensland’s Energex passes 1GW mark for rooftop solar

South-east Queensland’s Energex network now has more than 1GW of installed rooftop solar, with 2,319 new systems added in August.

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Australia's first fossil fuel free stock exchange index launched

Australia’s first fossil fuel free stock exchange index launched

Low-carbon investment made easy with launch of Australia’s first Fossil Free Index, alongside Australia Sustainable Leaders Index.

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Abbott policies still favour brown coal generation, despite emission targets

Abbott policies still favour brown coal generation, despite emission targets

Report says Abbott’s 2030 emissions target will need brown coal generators to close, but government’s current suite of policies favour these plants.

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Planet doesn't need Carmichael coal mine, and neither does Qld economy

Planet doesn’t need Carmichael coal mine, and neither does Qld economy

As Abbott govt pulls out all stops to get Adani mega-coal mine over the line, Qld treasurer says it’s ‘not the be-all and end-all’.

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The trillion-dollar hole in Abbott's climate policy logic

The trillion-dollar hole in Abbott’s climate policy logic

While the Coalition maintains that ambitious targets for renewables and emissions reduction would be economically catastrophic for Australia, a new report from Citigroup has come to exactly the opposite conclusion: strong climate action could save governments around $1.8 trillion by 2040, while inaction could cost as much as $44 trillion by 2060.

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Australian PV market hits July high, boosted by commercial solar

Australian PV market hits July high, boosted by commercial solar

Strong growth in commercial solar in NSW, Queensland and Victoria help Australia PV market notch up best month of 2015, with 69MW added in July.

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Pacific island calls for end to coal, as Abbott's Australia digs in

Pacific island calls for end to coal, as Abbott’s Australia digs in

A letter from the climate change front line – the Pacific island nation of Kiribati – is calling for a global moratorium on new coal mine development. Meanwhile, in Australia, we have a government that champions coal, and an electricity market that’s still wedded to fossil fuels.

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Making up numbers: The cost of emissions reduction targets

Making up numbers: The cost of emissions reduction targets

The Abbott govt says its low-ball emissions target is best for Australia’s economy – while Labor’s would ‘devastate’ it. But is the maths right?

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Cheap solar in India sounds death knell for coal imports, Australia's included

Cheap solar in India sounds death knell for coal imports, Australia’s included

As India transforms its energy market, solar pricing has fallen to the extent that it is now cheaper than new imported thermal coal-fired power plants.