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The Latest Breaking News from Tennant Reed

Australia may delay release of 2035 climate target as world awaits outcome of US election

Experts urge Australia not to delay target too long as report by Climate Change Authority identifies six barriers to net zero

The Guardian - AU

Dick Smith enters nuclear debate but CSIRO analysis shows his argument in meltdown

The entrepreneur claims agency exaggerated the costs of the Coalition plan despite it using best-case scenario South Korea as the benchmark

The Guardian - AU

Australia could reach an ‘ambitious’ emissions cut of up to 75% by 2035, advisers tell Labor

Climate Change Authority says goal could be achievable if more action is taken by governments, business, investors and households

The Guardian - AU

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Australian governments need to set clear policy direction for gas sector, says regulator

A growing number of householders are turning off gas and bans on new connections are spreading

The Guardian - AU

The cheapest reliable energy system to meet Australia’s climate targets? Solar and wind, no question

There has been a lot of commentary about how to measure the cost of renewables – but much of it misses the point

The Guardian - AU

Let’s talk nuclear, the Coalition says – just don’t mention cost or how long it would take

The pace at which you could theoretically deploy the small modular reactor being advocated would mean sitting on your hands until at least the end of the decade

The Guardian - AU

A climate policy that actually cuts emissions? It’s the reality that fossil fuel bosses and News Corp commentators can’t see

Changes to the safeguard mechanism take us a step closer to net zero by 2050 – the goal consecutive governments have signed up to

The Guardian - AU

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Labor and the Greens have cut a deal to get its key climate policy through the parliament. So what is it, and what's changing?

After weeks of negotiations and plenty of strong words, the federal government has secured the support it needs to pass its key climate policy into law. So what is it, and what's changing?

ABC News

Energy users and ex-ACCC boss praise government for staring down ‘bullies of the gas industry’

Industry argues capping gas at $12 a gigajoule risks future investment but experts say price is top end of range forecast before invasion of Ukraine

The Guardian - AU

The federal government already has a windfall tax on gas profits. But while gas prices soar, is the tax doing its job?

Australia is one of the world's largest LNG exporters, and those companies selling gas to the world are in a prime position to capitalise. So how much are Australian taxpayers making from the sale of Australian gas?

ABC News

Daniel Andrews plans to revive the State Electricity Commission. What will it mean for Victoria’s power?

A move to bring back the publicly owned SEC shows governments are not confident the private sector can decarbonise quickly enough, experts say

The Guardian - AU

Labor’s deal with gas exporters will lock in high prices, consumer groups say

Agreement raises concerns transition to lower emissions energy sector will be harder and more expensive

The Guardian - AU

AEMO warns of power 'gaps' in Australia's biggest grid within three years as coal exodus gathers pace

The energy market operator warns supply will fall short of demand from 2025 unless new renewable energy capacity is urgently brought online.

ABC News

Hunter industry buckles in as Canberra confirms 'real' emissions reduction figure is 27 per cent

New energy era for Hunter industry and business

Newcastle Herald

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The Guardian - AU

Victoria to demand governments set completion dates for energy transmission projects

State energy minister, Lily D’Ambrosio, says investors need confidence electricity grid will be ready for renewables

The Guardian - AU

More electricity retailers likely to fail, resulting in less competition and higher prices

Between five and 10 providers could go out of business in the next six months alone, researcher David Hiley says

The Guardian - AU

Chris Bowen says states can decide how to provide backup energy generation but must meet 2030 target

The Energy Security Board recommends paying generators to keep extra capacity in the national grid to reduce the risk of blackouts

The Guardian - AU

As the temperature cools, the heat is on Chris Bowen

Gas shortages, reported delays to major projects and coal-fired power woes are among the gifts handed to the new energy minister

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The Guardian - AU

Bowen says ‘no silver bullet’ to lower prices as energy market operator given power to buy and store gas

Increasing spare electricity capacity and the development of a transition plan to reduce emissions among decisions at ‘very collegiate’ energy ministers meeting

ABC News

Australia's gas crisis is worse than you might think. Industries warn thousands could lose their jobs and consumers will pay more

Australian manufacturers facing massive increases in gas prices are warning they could be forced to close. Consumers will also pay more, adding to cost-of-living pressures.

The Guardian - AU

Can anything be done about the ‘perfect storm’ in Australia’s energy markets?

Russia’s invasion of Ukraine, squeezed gas retailers and a cold snap are combining to put pressure on the grid

The Guardian - AU

Gas market trigger won’t fix ‘bin fire’ left by Coalition, energy minister Chris Bowen says

Bowen says mechanism designed to limit energy price rises, if used, would have no impact until next January

The Guardian - AU

Focus on battery storage could be a cost-effective energy goal for Albanese government, report says

With electricity bills soaring, a national Renewable Electricity Storage Target may be one way of achieving lower emissions – and lower prices

ABC News

Labor, Greens look set to push businesses to adopt tougher emission targets

The future of Australia's biggest emitters looks uncertain under the new Labor government, with the Greens and climate change-focused independents set to have a loud voice in parliament.

Crikey

Call for carbon emissions to peak by 2025

Australia’s carbon emissions need to peak during the next parliament to achieve net zero by 2050, but there’s no expectation the major parties will change tack.

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