Investors in clean energy and decarbonisation stocks have done very well over the last 12 months.
Committed wind and solar projects will take renewables share to about 42% by 2025, and add enough new capacity to force closure of up to three coal generators.
Wind and solar reach record share of generation in Australia’s main grid, as gas relegated to a bit part.
In the US, the gas sector is giving up. So why would Australian taxpayers go down this path? Is it because we just want to throw away money?
The federal government energy and climate policy has turned into complete farce.
Wind and solar have upped their share of the market over the past month. And there’s another 7GW to be added.
Investors, including the government owners, have lost around $A35 billion on their China coal expansion strategy in the past five years.
Federally, there is no policy, no plan for policy, and no decent process for policy development. Neither is there much support for all the work everyone else does.
The ESB has done a job the AEMC wasn’t doing, and additionally it has championed the ISP in a necessary way.
If Origin wants to appeal to investors, it’s got to get back on the path of making a future for itself. And that path lies in taking advantage of nature’s bounty.