PM suggests public money could be used to subsidise gas pipelines in northern Australia, as well as underwriting rail plans of Indian coal giant Adani.
Just how long can the Australian government and gas industry continue the charade that there might be a solution to surging domestic gas prices? It beggars belief that business is not following lead of households and smaller commercial users and investing in cheap and cleaner alternatives for power and heat.
Climate Council says weaning Australia from coal via increased reliance on gas won’t cut emissions, will push up power prices.
What drove Victoria’s wholesale electricity market prices up 46% in 2016? We put the screws on the historical data to find out.
Regulator says re-bidding by major gas players caused major South Australia power price spikes in August and September.
Committee finds no social licence for unconventional gas “fracking” in south-east SA – a decision based in health concerns, among others.
Many are proposing the obvious , but wrong, solution to Australia’s crisis : develop more gas production resources. But this path fails for several reasons.
BNEF report says poorly functioning gas market main cause of SA power price spike, blaming renewables “erroneous and simplistic.”
The Australia Institute says gas are generators are driving “obscene” power price spikes by choosing to exploit an energy market failure, rather than fulfil their role of complementing renewables.
The era of cheap fossil fuel power in Australia is dead and buried. And unless the Coalition has the stomach to take on Australia’s energy oligopoly, the country’s chances of having a cheap renewable energy system will also be diminished.