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Five things we learned this week …..
Are we heading for Big Solar or Big Solar Hybrid? Which part of “China will have a carbon tax on energy” does Tony Abbott not understand? The brown coal carbon tax that isn’t. How financial markets are tilted in favour of legacy fossil fuel assets. And why we spend 50 times more on military spending that on R&D for food security.3 -
Interview: Infigen Energy’s Miles George
Why are Australian utilities dragging their heals on commissioning new wind farms? Infigen Energy CEO Miles George gives his side of the story, plus the latest on the planned 35MW solar PV farm, why wind speeds have slipped at Capital, and the ongoing fight against anti-wind campaigners. -
Origin still unhappy about renewables ruling and target
Origin Energy is still unhappy about the CCA ruling on the renewable energy target, and the issue of cost. In the meantime, its earnings suffer from falling demand – the result of intense competition and the impact of solar PV – while its full-year profits will be hit further by the impact of hot weather in January, when everyone switched on the air-con. -
Brown coal generators laugh all the way to the carbon bank
A new analysis shows that more than $5 billion in carbon compensation to brown coal generators could go straight to their bottom line, as they pass on the cost of carbon (and more) to customers. Another debacle to add to the mining tax, and one that could have perverse outcomes for Australia’s clean energy future. -
CCA emissions review may come too late to embarrass Abbott
The Climate Change Authority’s review on Australia’s emissions targets may arrive too late to embarrass the Coalition’s climate change policy before the election. That’s a pity, because the Coalition continues to spout a lot of nonsense about carbon pricing and electricity taxes.
