AGL demerger hanging by a thread
Wednesday, 4 May 2022
AGL’s demerger proposal is said to be “hanging by a thread” after Mike Cannon-Brooke announced that recent share purchases made him AGL’s largest shareholder and he plans to use that power to vote down the coal company’s plans to split.
The intervention in Australia’s biggest polluter comes as NSW Treasurer Matt Kean talks up the economic opportunity a switch to renewables offers, saying that it will leave the agricultural and mining booms “for dead”.
And confidential documents reveal that a lead and zinc mine at the centre of numerous environmental scandals had a hand in picking its own “independent” regulator.
AGL demerger hangs by a thread
A contentious plan to split AGL Energy into two is at risk of heading for the scrapheap following the latest offensive from tech billionaire Mike Cannon-Brookes, despite support through a $2 billion deal with US-based giant Global Infrastructure Partners.
Energy transition our biggest opportunity: NSW Treasurer
The global energy transition is the biggest economic opportunity Australia has ever had but legislators must embrace the opportunity, NSW Treasurer Matt Kean said.
A massive lead and zinc mine at the centre of numerous environmental scandals had a hand in the appointment of its own independent regulator, according to confidential documents obtained by environmentalists.
Green sea turtle shells eaten away by mysterious condition following flooding near Fraser island
A mystery disease eating away at green sea turtle shells has been discovered by researchers on Queensland's Fraser Coast.
Precolonial First Nations oyster fisheries sustained millennia of intense harvests, study shows
Oyster fisheries in Australia and North America survived for up to 10,000 years prior to colonisation, sustaining First Nations communities even under intense harvest, according to new research.