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Policy

Energy & Climate

Today

CSIRO’s annual price comparison of energy sources included transmission and storage costs in renewables calculations for the first time. They still came out on top.

Renewables are cheapest, even with poles, wires and batteries added in

CSIRO’s annual price comparison of energy sources include transmission and storage costs in renewables calculations for the first time. They still come out on top.

  • Ben Potter

Yesterday

Defence Force personnel help out in evacuations following flooding in Cairns.

Cyclone Jasper’s damage bill mounts as rain eases

While rainfall eases in North Queensland, the cost wrought by Cyclone Jasper is rising.

  • Updated
  • Liam Walsh, Sarah Mitchell and Tess Bennett

This Month

Tourist gateway Cairns was an island on Monday after torrential rain dumped nearly a metre of rin on Far North Queensland in 24 hours.

Floods, heavy rain put squeeze on mango, sugarcane crops

The rain appears to be easing from severe floods in North Queensland, but some lingering concerns remain with agriculture.

  • Liam Walsh
Queensland is not meeting its overall targets to divert waste from landfill, a March 2023 report shows, despite $250 million being generated by the waste levy.

Rubbish tips get do-nothing climate subsidies worth millions: experts

Landfill operators are being given lucrative carbon credits for trapping methane they would not have released anyway, some academics say.

  • Aaron Patrick
“There is a serious weather emergency playing out right now in Far North Queensland as the region continues to be impacted by ex-Tropical Cyclone Jasper,” Premier Steven Miles tweeted.

Cairns floods break 46-year record, close airport

The state faces days of heavy rain after some areas were hit with totals of more than a metre, the city’s airport shut and water levels passed 1977 highs.

  • Updated
  • Duncan Murray
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From left: EVSE co-founders Brendan Wheeler and Sam Korkees with Intellihub group CEO Wes Ballantine.

PEP bets $250m on EV charging firm founded in a Sydney garage

Most of the cash will be used to drive EVSE’s growth and integration with Intellihub smart meters to help customers manage their charging and protect the grid.

  • Ben Potter
COP28 president Sultan Al-Jaber and US climate envoy John Kerry at COP28 in Dubai.

COP28 puts the heat on energy transition

The conference’s proposed measures could put the world back on course in its climate change response. What we need to see now is action from leaders in politics and business.

  • Kerry Schott
AEMO is counting on consumers like Donna Jones to play a bigger role in managing the grid as coal plants shut down. Ms Jones took part in Project Edge, a trial of two-way grid trading for solar/battery home owners in Yackandandah, Victoria.

Four key takeaways from the new energy market roadmap

Coal is dead, the consumer is king, rising costs are squeezing new transmission and utility-scale generation projects, and gas will play an indispensable but small role.

  • Ben Potter
Victoria wants households to use induction stoves instead of gas.

Victoria to offer discounts to switch stoves from gas to electric

The Victorian government has expanded its plan to end the use of consumer gas by offering discounts for residents upgrading to electric induction cooktops.

  • Gus McCubbing

Is Labor’s green energy plan a Ponzi scheme or grid saviour?

This week on The Fin podcast, senior correspondent Jacob Greber on whether the government’s new renewable energy plan will work and how much it will cost.

Climate Change and Energy Minister Chris Bowen speaks to reporters at the conclusion of COP28.

COP28 deal says gas to play role in energy transition

Climate change and energy minister Chris Bowen hailed the stronger than expected COP28 outcome as a way to bolster Australia’s transition to renewable energy.

  • Hans van Leeuwen

COP28 deal pledges fossil fuel ‘transition’ for first time

After a marathon round of backroom wrangling, the 198-nation summit endorsed a “transition away from” fossil fuels by 2050.

  • Updated
  • Hans van Leeuwen

COP28 shows weaning the world off fossil fuels is hard to do

The hard reality is coal demand will be here for decades to come. Oil and gas are no different.

  • Patrick Gibbons
Two-thirds of Australia’s energy sector methane emissions can be curtailed using existing technologies at below $30/tonne CO2-equivalent.

Methane is Australia’s missing COP28 opportunity

MethaneSAT, which will launch into orbit in 2024, will be a game changer for the energy sector’s abatement of a highly potent greenhouse gas.

  • Charlotte Hanson
A green activist storms the plenary hall at COP28, demanding an end to fossil fuels.

COP28: Beware premature predictions of the death of fossil fuels

Whatever the final climate conference wording, given the clear lack of global consensus, we should be wary of predictions that oil’s days are numbered.

  • The AFR View
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COP28 president Sultan al-Jaber, of the United Arab Emirates.

Will COP28 fail after dropping fossil fuel pledge?

For the Albanese government, and many others, the test of success or failure at COP28 is not necessarily a fossil fuel phase-out, but simply making progress.

  • Hans van Leeuwen
The United Arab Emirates’ proposed communique does not take enough of a step forward, critics say.

COP28 draft agreement drops phase-out of fossil fuels

Australia is among the countries pushing back against the UAE’s suggested deal text, saying the draft was only a “step forward” not the needed “step change”.

  • Hans van Leeuwen
Brisbane could play host to the COP31 summit in 2026.

Sprawling and costly: Can Australia host COP31 in just two years?

The conference, which could attract up to 80,000 people and puts pressure on transport, is likely to come to Australia in 2026. But the decision will be made next year.

  • Hans van Leeuwen
Minister for Climate Change and Energy Chris Bowen speaks to reporters at COP28 in Dubai.

Fossil fuel phase-out good for Australia, Bowen says

The climate and energy minister says if COP28 can agree to tough action on fossil fuels, it will create opportunities for Australia as a renewables superpower.

  • Updated
  • Hans van Leeuwen
 Where gas producers can make carbon capture and storage feasible, they should be encouraged to do so.

Energy transition needs gas, not nuclear

A rational decarbonising energy policy offers a middle path between the absolutists and the denialists.

  • Craig Emerson