On the day Origin Energy lost more than $2.3 billion, the company's CEO has declared that baseload coal is over and flagged plans to regularly switch off generating units at the largest coal burning power station in the country for extended periods in an attempt to remain profitable amid a flood of cheap renewables.
A gas company that won $21 million in grants to frack in the Beetaloo Basin paid for a charter flight for the head of a Liberal party fundraising body to inspect its operations alongside the energy minister, Angus Taylor.
And a 400-year-old giant coral has been discovered on the Great Barrier Reef.
A gas company that won $21m in grants to frack in the Beetaloo Basin paid for a charter flight for the head of a Liberal party fundraising body to inspect its operations alongside the energy minister, Angus Taylor, documents handed to a Senate inquiry show.
At 10.5 metres wide, four centuries old and twice the size of its nearest cousin, an “exceptionally large” coral has been discovered on the Great Barrier Reef – the widest known in the area.
Origin Energy expects to turn off generating units at the country’s largest coal-fired power station for extended periods as it works to keep its generation business profitable amid a flood of cheap renewables.
Households and businesses could be hit hard by major electricity bill increases if a proposed new subsidy to keep ageing coal and gas plants to stay open is approved by state and federal energy ministers.
Hypersaline water is again leaking into mangroves from faulty ponds in Adelaide's north, prompting calls for urgent action to avoid a repeat of last year's ecological disaster that killed swathes of marshland.
This week has seen the UK, the US and even NSW Energy Minister Matt Kean pile onto Australia's approach to climate change at a virtual conference on climate action.