---
title: BlackRock to invest $1b in Aussie batteries
description: BlackRock, has selected Australia for the rollout of its largest investment in grid-scale batteries that will be crucial to driving the shift from coal.
---
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# BlackRock to invest $1b in Aussie batteries
Tuesday, 16 August 2022
The world’s biggest fund manager, BlackRock, has selected Australia for the rollout of its largest investment in grid-scale batteries that will be crucial to driving the shift from coal to clean energy.
Speaking of coal, scientists and environmentalists have been left shocked by the level of coal pollution found in a Royal National Park waterway, threatening plans to reintroduce platypi.
And after four inconclusive sessions, UN members have resumed talks aimed at finally completing a treaty to protect the world's high seas.
[BlackRock to spend $1b on batteries in Australia as coal closures loom](https://app.meltwater.com/mwTransition/?url=https%3A%2F%2Fwww.brisbanetimes.com.au%2Fbusiness%2Fthe-economy%2Fblackrock-to-spend-1b-on-batteries-in-australia-as-coal-closures-loom-20220815-p5b9xo.html&uId=5a778e7a00aa2026a265262c&cId=5a71496272d9dc241933e61d&contextId=62faa6276b9095f59b257f5b&dId=0C89J3C-MbrHvK-j3CaCCDyq9no&op=open&sentiment=N&isHosted=false&id=3628643&name=Coal%20(Print%20and%20Online)&type=search&s=mail-digest)
The world’s biggest fund manager, BlackRock, has selected Australia for the rollout of its largest investment in grid-scale batteries that will be crucial to driving the shift from coal to clean energy.
[Concerns raised about water quality after coal found in Royal National Park waterways](https://app.meltwater.com/mwTransition/?url=https%3A%2F%2Ftransition.meltwater.com%2Fpaywall%2Fredirect%2FBhp51cZEigwlo5BqnB0HgYKgiKc%3Fcid%3D920bba52-9673-4fb3-aa09-34315a2f94af%26productType%3Ddigest&uId=5a778e7a00aa2026a265262c&cId=5a71496272d9dc241933e61d&contextId=62faa6276b9095f59b257f5b&dId=Bhp51cZEigwlo5BqnB0HgYKgiKc&op=open&sentiment=N&isHosted=false&id=3628643&name=Coal%20(Print%20and%20Online)&type=search&s=mail-digest)
A coalition of scientists and environmentalists have been left shocked and dismayed by the level of pollution found in a Royal National Park waterway. It has left them with real concerns about a plan to reintroduce platypus, which were last seen in 2006, back into the ecosystem.
[UN resuming talks on high-seas treaty amid growing concerns](https://app.meltwater.com/mwTransition/?url=https%3A%2F%2Ftransition.meltwater.com%2Fpaywall%2Fredirect%2FMGoC_WX7xa1dX3_uPGZ7b7blWok%3Fcid%3D734f2233-bbb2-4212-94fc-407d75b8f60a%26productType%3Ddigest&uId=5a778e7a00aa2026a265262c&cId=5a71496272d9dc241933e61d&contextId=62faa6276b9095f59b257f5b&dId=MGoC_WX7xa1dX3_uPGZ7b7blWok&op=open&sentiment=N&isHosted=false&id=3537679&name=Greenpeace%20%7C%20Online%20AU%20news&type=search&s=mail-digest)
After four inconclusive sessions, UN member states on Monday resume talks aimed at finally completing a treaty to protect the world's high seas, a vital yet fragile resource that covers nearly half the planet.
[Danish heavyweight CIP in talks to join $5b renewable energy hub](https://app.meltwater.com/mwTransition/?url=https%3A%2F%2Fwww.afr.com%2Fcompanies%2Fenergy%2Fdanish-heavyweight-cip-in-talks-to-join-5b-renewable-energy-hub-20220815-p5ba15&uId=5a778e7a00aa2026a265262c&cId=5a71496272d9dc241933e61d&contextId=62faa6276b9095f59b257f5b&dId=GyKB3VX1GbtX4MImgLnYMbkx7Vc&op=open&sentiment=N&isHosted=false&id=3628643&name=Coal%20(Print%20and%20Online)&type=search&s=mail-digest)
Danish fund Copenhagen Infrastructure Partners is in advanced talks to become an equity and co-development partner in the proposed $5 billion renewable energy hub in northern Queensland, as the European renewable heavyweight aggressively looks to expand its presence in Australia.
[Chief scientist asked to intervene as coastal erosion 'disaster' worsens near Townsville](https://www.abc.net.au/news/2022-08-16/coastal-erosion-worsens-at-cape-bowling-green-queensland/101333416)
Queensland's chief scientist has been asked to intervene as a coastal erosion "disaster" in the state's north worsens. Coastal oceanographer Eric Wolanski has called on the state's chief scientist Hugh Possingham to act on urgent remediation works at a sand spit south of Townsville to ease the threat to the wetlands of Bowling Green Bay due to coastal erosion.
[Photographer captures 'oh wow' moment as whale breaches close to boat off Coffs Harbour](https://www.abc.net.au/news/2022-08-15/breaching-whale-stuns-photographer/101335040)
An amateur photographer says she is "stoked" after capturing a photo of a humpback whale breaching close to a boat in Coffs Harbour.
[Coal](https://blog.greenpeace.org.au/the-canopy/tag/coal), [gas](https://blog.greenpeace.org.au/the-canopy/tag/gas), [energy policy](https://blog.greenpeace.org.au/the-canopy/tag/energy-policy), [fossil fuel](https://blog.greenpeace.org.au/the-canopy/tag/fossil-fuel)
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