Carbon markets

AGL CEO: Scrap RET, start again fresh

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AGL's Michael Fraser claims investors no longer have confidence in RET sufficient to support investment in new projects, suggests we need new policy framework which also encourages exit of old generators. Self-serving - yes, but can we restore investor confidence?

EU closes in on new emissions target

by AFP
Nations close to deal for 40 per cent by 2030.

Rating Peabody: A coal giant on the ropes

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The world’s largest private pure play coal miner is an increasing financial risk following net losses in the US and Australia. Management would be prudent to consider the new climate 'normal'.

The pitfalls of using renewable energy as a political football

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This week's opening gambit from the Coalition on the RET is just the start of a fascinating battle over much loved and seemingly loathed renewable energy. In the end, states may have the last word.

Emissions increase hints at the limitations of Obama’s plan

US energy sector emissions increased slightly in 2013, highlighting the potential limitations of focusing on cutting electricity emissions without addressing broader energy consumption.

Labor rejects proposed RET cut, will cost 'thousands of jobs'

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Negotiations at impasse, government's proposed 60% cut to renewable energy construction will 'ruin renewable energy industry' says Labor.

China coal use falls: Greenpeace

Report says first time this century communist giant has seen year-on-year quarterly falls.

Slashing the RET – it’s about defending mates, not consumers

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Apparently we need to slash the RET to reduce power bills. That's what they also said about the repealing the carbon tax. So what do the latest inflation figures show we actually saved and can we trust them that this isn't just about helping out their corporate mates?

Planned cut to RET 'a free kick' for fossil fuels

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There's no technical limit preventing more than 20% renewable energy in a power system, with experts saying Australia could reach 90% renewable electricity by 2040 by natural attrition of existing fossil fuel power stations.

Forget divestment, all capital markets are queasy on climate

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The risk for fossil fuels is now on the downside, with contraction more likely. Climate change has expanded from social cause to real and present investment headache.

CCA to conduct 'limited' RET Review

Authority to bow to legislative requirement to probe policy.

Climate Change Authority releases CFI Review Issues Paper

October 31 deadline for stakeholder submissions.

Another church group divests from fossil fuels, UNSW to be targeted

Divestment movement chalks up another win, looks to build on ANU victory.

Natural gas is 'not the answer' on emissions

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Without new policies to regulate emissions, the 'gas revolution' could end up drawing investment away from not just coal but renewables and nuclear too.

Record Hydro profit 'shows benefits of carbon price, RET for Tasmania'

Greens says continued state windfall at risk with policy uncertainty.

ANU's wise goodbye to fossilised companies

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ANU's divestment decision has been politicised but mounting evidence shows the responsible investment industry - which touches $1 trillion in Australia - is delivering enhanced risk adjusted returns.

Paris will have an impact on Labor's prospects for the 2016 carbon debate

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As Shorten rolls into his second year as leader, he will need soon to turn his carbon position into a convincing policy narrative. He'll be hoping there's no repeat of Copenhagen next year.

IKEA eyes internal carbon price

Swedish giant considering retail major Walmart with 'shadow' scheme.

Deal or no deal - Shorten says a real 20% RET is unreal

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Labor's Bill Shorten has said dismissed the idea of slashing the RET to a 'real 20%' describing it as vandalism and unreal. Meanwhile Minister Hunt continues to talk about the target as being 20%, but there's a face saving opportunity for the Coalition to compromise.

Renewables vs aluminium - what's going on?

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Speculation is rife aluminium has won itself a full exemption from the RET - up from 70% - and that means a reduced target. But is that right, and why are we exempting so many other industries at the expense of other consumers?

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