The Canopy is a weekday morning email newsletter provided by the team at Greenpeace Australia Pacific.

Failure of Emissions Reduction Fund shows environment shunned

Australia’s $4.5 billion Emissions Reduction Fund has failed to cut pollution, is wasting billions of dollars worth of public money, and is even facilitating increased emissions, according to a new report from The Australia Institute. 

AGL demerger hanging by a thread

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.

Breakdown costs revealed as Cannon-Brookes takes a chunk of AGL

The breakdown at AGL’s ageing and unreliable Loy Yang coal burning power station in Victoria will eat into the mega-polluter’s profits to the tune of up to $70 million and potentially jeopardise the company’s demerger plans.

Power prices soared 141% due to expensive, unreliable coal

The stalling of coal closure under the guise of cost and reliability has been further proven a fallacy, with the energy market operator revealing wholesale electricity prices soared 141 per cent in the first quarter compared to last year due to coal plant outages and coal market bids.

Coalition puts its commitment to net-zero into question

The Coalition’s commitment to its flimsy “plan” to get Australia to net-zero emissions by 2050 is in question after members of the Nats described the target as “flexible” and “non-binding” with one going so far as to call the goal “dead”.

Greens want to make polluters pay for flood damage

The Greens have injected a new idea into the “same old” of this election campaign, proposing that coal and gas companies should be able to sued for the damage caused by the recent flood crisis.

Transport emissions on the rise as Labor misses the point on coal mines

Transport emissions rose by more than 12 per cent in the final months of 2021 as lockdowns lifted, according to a new report which called for emissions cuts by replacing fossil fuel energy with renewables, and electrifying households, industry and transport as fast as possible.

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