Documents show Tasmania’s publicly-owned companies expect to lose tens of millions on ‘onerous’ wind farm contracts.
Latest power generation costs data reveals that coal industry’s preferred climate escape route of promoting CCS on coal power plants has disappeared as a financially viable option.
As opposition to renewables from Australia’s largest electricity utilities has faded, Trevor St Baker has emerged as one of the few dissenting voices left.
Coal plant owner Trevor St Baker wants Australia to impose limits to limit wind and solar to 50% of energy output at any one time, citing International Energy Agency guidelines. The IEA says no such guidelines exist.
Adani’s attendance at a Hanoi “energy roundtable,” facilitated by the Australian government, signifies the desperate challenge it faces getting Carmichael coal project off the ground.
Adani pins hopes for beleaguered Carmichael coal mine on the Asia–Pacific market. But the Australian government’s own resources forecaster is less confident.
BHP axes membership with global coal lobby group, citing “material difference” over its climate advocacy. But is this hypocrisy?
Number of coal plants in permitting and planning process fell another 22% in 2017 – a 59% fall over the last two years.
Where South32 has moved to divest from thermal coal, BHP is increasing its exposure – and undermining its climate credentials.
BHP flags cutting ties with international coal lobby groups, but appears more forgiving of Minerals Council, other Australian organisations.