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Big Coal’s trillion-dollar fear of climate policies un-masked by IEA
The IEA’s latest World Energy Outlook underlines what’s at stake for the Gina Rineharts and Clive Palmers if the world takes action on climate change – a trillion dollars a year in lost revenue. It repeats its warning that our carbon bubble is about to burst, but energy efficiency could buy some time. -
ARENA rejects Solar Dawn funding, trims large scale PV applicants
ARENA kills final hopes of Solar Dawn solar thermal project, but still in talks with Moree Solar and Infigen/Suntech over solar PV projects. Meanwhile, it releases its funding strategy with a focus on regional Australia, targeting areas where the cost of fossil fuels is already high.