Tag Archives: stop fossil subsidies

Origin slashes Qld drilling as soft gas market bites

The reduction in drilling rates at the Australia Pacific LNG venture comes as Shell took another write-down at its Prelude LNG project, underscoring the hit to producers from weak markets. — Read on http://www.afr.com/companies/energy/origin-slashes-qld-drilling-as-soft-gas-market-bites-20201030-p569zh …only drilled 23 wells this financial … Continue reading

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Australia’s biggest carbon customers plan their escape from fossil fuels, but Morrison isn’t listening

Japan joins China in announcing a net zero emissions target. This is a big deal for Australia, which depends on fossil fuel exports, but its political leaders are not listening. — Read on reneweconomy.com.au/australias-biggest-carbon-customers-plan-their-escape-from-fossil-fuels-but-morrison-isnt-listening-96267/ Lord Seben, UK Chair Climate Crisis … Continue reading

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IEEFA: What Australia can learn from Texas’ embrace of clean energy

“against a backdrop of a massive fracking boom and bust, Texas has become the top wind-power generator in the U.S. and also grown its utility-scale solar power market.  — Read on ieefa.org/ieefa-what-australia-can-learn-from-texas-embrace-of-clean-energy/ Meanwhile Scomo&Co Plan to subsidise and/or directly invest … Continue reading

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IEEFA: Canadian assessment of LNG ‘rising tide’ would drown balance sheets in red ink –

“The most important fact is that the fundamentals of British Columbia’s LNG export cost structure are not competitive enough to keep private capital interested,” — Read on ieefa.org/canadian-assessment-of-lng-rising-tide-would-drown-balance-sheets-in-red-ink/

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Why demand response is crucial to smart, renewable grids: the view from California

Could this Kind of Demand Response be another option to save nukes from being taken offline? Why demand response is crucial to smart, renewable grids: the view from California | One Step Off The Grid — Read on onestepoffthegrid.com.au/why-demand-response-is-crucial-to-future-renewable-grids-the-view-from-california/

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$41B to fossil fuels as cost renewables attacked

..cost of renewable energy.against. current energy supply, largely coal dominated, may also be costing us…The policy wonks at the International Monetary Fund have been trying to shed some light on that in recent times. Back in May they released a paper projecting that this year the … Continue reading

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Energy policy: Push renewables to spur carbon pricing

Putting a price on carbon dioxide and other greenhouse gases to curb emissions must be the centrepiece of any comprehensive climate-change policy. We know it works: pricing carbon creates broad incentives to cut emissions. Yet current price of carbon remains … Continue reading

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Only in WA – Minister Nahan says ban on battery storage and EVs is “red tape gone mad”

Right now, it’s an unwieldy energy grid that’s reliant on ageing, dirty coal fired power stations and expensive gas, yet needs to be subsidised by more than $500(!) a year for each household, or a total of more than $600 million…Nahan appears … Continue reading

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Stop funding fossils

New report from Oil Change International: rich countries at ‪#‎COP20‬ are spending three times as much money looking for new fossil fuels to burn than they are on climate finance pledges. Read more here: bit.ly/cop20-exploration It’s time to stop funding the problem and start funding … Continue reading

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Gold plating coal power stations

By now, we all know about gold plating by electricity distribution companies, so many more big poles and wires, to cope with so much increase in peak power supply, when demand is actually decreasing. From some of the cheapest power in the … Continue reading

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