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Will Canberra finally call time on the utilities’ snow job?
The cancellation of the contracts for closure scheme should be another wake-up call to Canberra that they have been duped by the electricity industry, as Garnaut had suggested. At least Alinta is now talking about the prospects of solar thermal to replace its coal plants. -
How big is Australia’s carbon bubble?
That depends on what you are looking at. If it’s an individual company, the bubble will look big. If it’s the whole market, it will look quite small, a Citi report suggests. That’s good news for investors with balanced portfolios, but potentially bad news for the likes of Gina Rinehart and Clive Palmer.
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