Victorian Labor’s big election promise has had a shaky start,but it now says it will start investing in projects the market is still unsure about.
Britain’s biggest asset manager will vote to remove Richard Goyder as chair of Australian energy giant Woodside amid a backlash over the board’s climate stance.
Pumped hydro projects are at risk of missing out on contracts under the federal government’s green energy financing scheme,despite warnings they are critically needed.
Woodside shareholders are about to decide if the company is doing enough to diversify revenue away from fossil fuels as warnings intensify about emissions heating the planet.
There are political and economic risks in pumping public money into new tech,but the payoffs are potentially vast for new and old industries alike.
A green energy company backed by WaterNSW plans to use an abandoned coal washery as the site for a pumped hydro scheme big enough to power a third of the city’s households.
The company’s credibility will be put to the test this month when backers have their say on its emissions plan and the future of chairman Richard Goyder.
East coast gas producers will avoid facing unprecedented orders to break export contracts and redirect supplies to Australian buyers this winter.
Australia’s largest oil and gas company is at risk of facing an investor backlash over its response to climate change at an upcoming shareholder vote.
The energy industry is warning greater co-ordination is needed to ensure new supplies are built in time for more coal-fired power plant closures.
The CEO of a major Australian power utility says clean hydrogen could replace gas in power plants within a decade,eliminating the need to go nuclear.