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The Latest Breaking News from Climate Energy Finance

Competition puts Australia's green iron edge at risk

Australia's renewable energy and rich iron ore deposits make it a potential leader in green iron and steel but other nations may be closing the gap.

AAP

Australia’s most costly anti-climate policy hits taxpayers for $30m a day as calls mount to wind back fuel tax credits

The government will hand over $10.8bn this financial year under the scheme that makes it cheaper for miners and other industries to use diesel and petrol

The Guardian - AU

Australia risks missing net zero without China's aid

China has emerged as the world's biggest spender on clean energy technology and its lack of investments in Australia could be cause for concern.

AAP

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Call to screw the cap on $11 billion diesel subsidy

More mining giants may clean up their operations if the government capped generous credits on diesel fuel and incentivised green projects, a report finds.

AAP

Australia urged to spearhead regional carbon tariffs

Billed as the tariff the world actually needs, the case has been made for a regional carbon border adjustment to help cut emissions from heavy industries.

AAP

Halfway there: Australia on track for renewable goal

If current momentum gained in the six months is sustained then Australia can reach its 2030 renewable energy target, think tank research suggests.

AAP

Australia may miss billions in green Chinese investment

Chinese investment in Australia has fallen, despite the nation's growing budget for renewable energy projects in the transition to net zero emissions by 2050.

AAP

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Australia risks missing $250b green iron opportunity

Urgent reforms are being called for to allow Australia to become a world leader in the production and export of iron produced with renewable energy.

AAP

'Even more confident' Eraring will close in 2025: new energy report

Climate Energy Finance report argues that Eraring Power Station should close in 2025

Newcastle Herald

Investors and unions press Labor to invest $100bn to compete in global green economy

Exclusive: Stakeholders at Australian Renewables Summit hope to influence government before decisions are taken on clean energy investments in mid-year update

The Guardian - AU

Coal communities 'getting screwed': the case for progressive royalties

The NSW government is investigating increasing mining royalties.

Newcastle Herald

Australia's energy crisis makes winners out of fossil fuel exporters and losers of everyone else, expert says

Record high energy prices are proving to be no picnic for the country's biggest power providers. So who is 'making out like a bandit'?

ABC News

Replacing NSW coal plant with renewables would create thousands more jobs than gas, report says

Solar and wind could bring ‘jobs boom’ to regions that have previously depended on coal, Australian Conservation Foundation says

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