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The Latest Breaking News from AGL

AGL rejects bid by billionaire Mike Cannon-Brookes to buy energy company

Australia's biggest electricity company has rejected an $8 billion takeover bid that could have shut down its Latrobe Valley coal power station 15 years early.

ABC News

ASX closes higher, AGL rejects Atlassian billionaire's takeover bid

The Australian share market closed higher, as AGL shares surged on news the energy company had rejected a takeover bid from Mike Cannon-Brookes.

ABC News

AGL rejects takeover bid by Mike Cannon-Brookes and Canadian fund manager Brookfield

Bid led by Atlassian founder to buy Australia’s biggest polluter and shut its coal plants earlier than planned rejected as not in shareholders’ best interests

The Guardian - AU

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Perrottet urged to work with union over NSW train dispute – as it happened

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The Guardian - AU

Tech mogul 'remains optimistic' on AGL bid

AGL Energy has rejected a hefty takeover offer by a consortium helmed by tech mogul Mike Cannon-Brookes, but market experts say it's just a starting bid.

AAP

Mike Cannon-Brookes and Brookfield in bid to take over AGL and shut down coal plants earlier

Energy giant assessing unsolicited bid worth up to $8bn from tech billionaire and Canadian investment firm

The Guardian - AU

Coalition and Labor respond to China laser incident; 32 Covid deaths in Australia – As it happened

All the day’s news as it unfolded

The Guardian - AU

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As the owner of Australia's biggest coal plant locks in a closing date, others are ramping up

Tens of millions of dollars are being spent prolonging the lives of some Australian coal-fired power stations, despite some high-profile closures.

ABC News

High Court refuses to hear Bylong appeal while AGL says Bayswater to shut earlier

Telling trends: Bayswater and Bylong

Newcastle Herald

Victoria’s ‘code brown’ to end; WA records second Covid death – as it happened

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The Guardian - AU

Why the shutdown of AGL’s coal-fired plants will probably happen even sooner than power giant says

The two plants selected for early shutdown currently produce about 7% of Australia’s total carbon emissions

The Guardian - AU

AGL admits renewable energy rise could see Bayswater close before 2030

The anticipated closure of Bayswater power station could be revised forward again if it became unviable to operate due to increased amounts of renewable energy entering the grid, AGL has confirmed.

Newcastle Herald

AGL brings forward closure date of two largest coal-fired power plants as market shifts to renewables

Climate groups dismiss energy giant’s amended schedule for Loy Yang A and Bayswater as a ‘token effort’ that is ‘next to meaningless’

The Guardian - AU

Bayswater power station could close by 2030

AGL's Bayswater power station could close as early as 2030 as due to unrelenting pressure to reduce emissions combined with the rise of renewables in the energy grid.

Newcastle Herald

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ABC News

AGL's Loy Yang A, Bayswater coal plants will close early, but environmental groups say it's not soon enough

An energy analyst says mining communities can expect companies like AGL to continue to bring forward the closure of coal-fired power stations.

AAP

AGL to close two coal power plants earlier

AGL Energy, which has released its first half results, has narrowed the timeframes for the closure of two coal-fired power stations in NSW and Victoria.

ABC News

ASX closes higher as AMP reports loss, NAB margins down, AGL to close power stations early

Australian shares close higher as NAB, AGL and AMP report their earnings results. It follows a positive day on Wall Street where tech stocks dominated.

The Guardian - AU

Religious discrimination laws in limbo – as it happened

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Pedestrian.tv

Greenpeace Has Ranked All Aus Energy Providers To Help You ‘Cut Through The Greenwash’

The Green Electricity Guide looks at 48 Australian energy providers and ranked them against criteria, including greenwashing and emissions.

The Guardian - AU

‘Cutting through the greenwash’: Australian energy retailers ranked on climate action

Australia’s energy market can be bewildering, but a new consumer guide aims to reveal the reality behind ads featuring wind farms

ABC News

Health workers call for AGL to quit coal amid concerns about health risks

Health workers stage a "die in" outside AGL's Melbourne office and call for the company to exit coal because of the health risk posed by climate change and air pollution.

AAP

Doctors, nurses stage AGL climate protest

Healthcare workers will stage a mock medical ward outside AGL's Melbourne offices, calling for the energy giant to replace coal with renewable energy by 2030.

The Guardian - AU

CMO says Omicron subvariant ‘not cause for concern’ – as it happened

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