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AGL makes $3 billion bet on limited climate action
AGL buys Loy Yang A brown coal generator, swapping its moniker for being the cleanest utility to the cheapest. After spending more than five years arguing that investing in green energy was the best way to prepare for a carbon price, AGL proposes to buy the nation’s biggest emitter. -
Will markets survive the end of growth?
Is the end of growth the end of markets? The end of capitalism? Most definitely not. We will still need competition, we will still want ideas and innovation to flourish and we will want capital allocated as efficiently as possible. Markets are good at all those things. -
Our ‘cheap’ grid is letting us down: That’s not smart
If the NEM hadn’t focused so hard on being lowest cost, Australia’s power supply might not be as expensive as it is now. A new report has found that two critical decisions in particular – to remove environmental and social benefits from the list of considerations for the grid’s operator and regulator – have backfired.
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