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The Latest Breaking News from Chris Bowen

Australia raises emissions cutting target for 2030

Australia, under a new Labor government, on Thursday raised its 2030 target for cutting carbon emissions, bringing the country more in line with other developed economies' Paris climate accord commitments.

Reuters

Australia's Paris Agreement commitment lifted to 43 per cent emissions reduction by 2030

The federal government has formally committed to the United Nations that Australia will reduce its carbon emissions by 43 per cent by the end of the decade.

ABC News

Energy market intervention will last 'as long as it needs to', Chris Bowen says

Energy Minister Chris Bowen says the government fully backs the unprecedented energy market takeover by the regulator, adding there is no time line on how long it will last.

ABC News

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Shortfall warnings cancelled as units come back online – as it happened

This blog is now closed

The Guardian - AU

Supply tight, but blackouts likely avoided

Anthony Albanese's government is monitoring the energy situation closely to determine what changes need to be made to improve how the market operates.

AAP

Regulator takes control of power system, suspending national market

"It has become impossible to operate the spot market in accordance with the provisions of the rules," the operator said.

Newcastle Herald

ACT's big power consumers placed on alert over forecast 'lack of reserve' in network

ACT to assist should electricity load shedding be needed

The Canberra Times

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Power companies accused of engineering crisis for profit

Multibillion-dollar power companies left Australia under a threat of blackout on Tuesday night after they removed electricity from the grid for profit.

The New Daily

The Loop: Electricity supply issues spread across Australia, share markets slump again, and are you going to eat that salad?

Get up to speed on today's headlines with The Loop.

ABC News

Fetch Thy Candlesticks Playing Cards ‘Cos Most Of Aus Is Facing Power Outages This Week

Putting on all of my socks & jumpers in preparation.

Pedestrian.tv

Federal government optimistic east coast blackouts can be avoided today

Federal Energy Minister Chris Bowen is confident the east coast can avoid blackouts and load shedding today, despite further dire warnings about demand for electricity outstripping supply.

ABC News

Bowen faces calls to slug gas companies with windfall profits tax

The Albanese government is facing renewed calls to introduce a windfall profits tax on the mostly foreign-owned gas industry.

The New Daily

Regulator steps in to avoid blackouts

Australia's eastern states are facing blackouts, with the energy market operator forced to intervene.

AAP

How much are power prices increasing by? Why are they going up? What can I do to save on electricity?

We're all bracing for higher electricity prices to kick in from July 1, but just how steep the increase will be depends on which state or territory you're in.

ABC News

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The Guardian - AU

Chris Bowen warns energy generators against market manipulation amid crisis

Minister say he’s not aware of any specific allegations but ‘would not tolerate’ inappropriate behaviour

The Guardian - AU

As the temperature cools, the heat is on Chris Bowen

Gas shortages, reported delays to major projects and coal-fired power woes are among the gifts handed to the new energy minister

The Canberra Times

Could Australia's climate wars be coming to an end?

The latest energy ministers' meeting could well mark the start of a cooperative path forward for a new federal government.

The Guardian - AU

Energy market turmoil: Snowy Hydro delayed until 2028 while coal plants run at half capacity

Cold snap and gas shortages spike electricity prices amid multiple outages at coal-fired power stations

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The New Daily

Ministers addressing our spiralling energy crisis have ignored the greatest opportunities

While we have two separate energy crises, an electricity price crisis and gas price crisis, they both have the same problem – our reliance on fossil fuels.

The Conversation

Grattan on Friday: If the Albanese government did what really needs to be done, it would be a very big target

Usually the speeches of treasury secretaries are relatively bland, echoes of their political masters. But an address this week from Steven Kennedy was something quite different.

ABC News

Australia's energy ministers have an 11-point plan. Here's why it won't ease prices any time soon

Amid a "perfect storm" for energy prices and Australians' surging power bills, energy ministers across the country were meeting to make a plan. Here's what we know about it.

The Guardian - AU

Labor wants review of Australia’s gas supply trigger ‘within weeks’ to avoid future shortage

Cabinet agrees to extend mechanism into next year and review will look at supply as well as prices

The Guardian - AU

Nation records 59 Covid deaths as NT announces closure of quarantine facility – as it happened

This blog is now closed

AAP

Cabinet backs in energy market changes

Federal cabinet has endorsed a range of gas market measures to back decisions made by Australia's energy ministers on Wednesday.

The Conversation

Australian Energy Market Operator to have power to acquire gas for emergencies

The Australian Energy Market Operator will be given the power to procure and store gas for release in emergency situations.

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