The National Electricity Market has been switched back on, after being brought to a state of near-collapse, but persistent coal outages continue to plague the system and hamper market recovery. Unreliable coal is dragging our energy market backward.
Meanwhile, Rio Tinto’s seen the writing on the wall and is investing heavily in renewable hydrogen, and over in Nairobi delegates from 200 nations are trying to hammer out a UN biodiversity blueprint.
A clarifying moment for responsible investing and climate change
From a shareholder perspective, the rubber has finally hit the road when it comes to the divestment versus engagement debate.
Long road ahead to hammer out UN biodiversity blueprint
Delegates from almost 200 nations have made little progress towards hammering out a blueprint for a global pact to protect nature from human activity, after almost a week of difficult talks in Nairobi.
Forrest LNG venture to seek government help, says Squadron’s new CEO
Andrew Forrest’s LNG import venture in NSW will seek federal and state government help to bring customers on board as it seeks to lock in a floating LNG terminal
Rio Tinto joins Gates to back renewable hydrogen startup as miners look to future tech
Anglo-Australia mining giant Rio Tinto has joined Bill Gates, Amazon and a host of other countries as investors in renewable hydrogen start-up Electric Hydrogen (EH2), that plans to build plants at scale to slash costs.
Generators increase supply after NEM restart but coal outages persist
Electricity generators agreed over the weekend to supply more power into the energy grid, which should reduce the risk of blackouts, but the recovery of the market continues to be hampered by a spate of coal power outages.