Carbon markets

Hunt’s climate change ‘get out of jail free’ card

A minor administrative decision surrounding what to do about $100m of left over cash from repeal of the carbon price reveals how the government could meet its emission reduction targets while barely lifting a finger.

Poll finds most people think carbon tax had little impact on power bill

Only 9% believe power bill has gone down since repeal.
0% renewables target not 'aspirational' says Labor environmental wing
Labor sub-group disputes claims by senior Labor figures, stating policy must come to deliver on 2030 target.

Government’s chief carbon policy adviser reveals secret carbon tax

The Abbott Government’s own expert adviser on climate policy has revealed that Labor’s emissions trading scheme was “strikingly similar” to the Coalition’s Direct Action scheme. Does this mean the Abbott Government is also about to introduce a carbon tax by stealth?

ACCC says carbon tax repeal saving 'reasonable' but can't quantify

ACCC says 'not possible to quantify' cost savings outside of $153 to $269 from energy bills.

Is Labor’s 50% renewables target a joke?

Labor is describing its 50% renewable energy target as ‘aspirational’. But banks don’t lend money on the basis of aspirational targets and voters shouldn’t lend any credibility to them either.

Labor 'aspiring' to 50% renewables

Delegates at Labor conference pass motion for 50% target and also emission standards for new cars.

Why Shorten is daring Abbott to a climate change election

Bill Shorten says 'bring it on' to election fought over power prices and climate policy. He shouldn't be worried because Abbott Gov't climate policy must also include increased power prices too, unless of course they want to increase taxes instead.

Labor's ramped-up RET

Watch: Labor's plan for a renewable energy target could see extra supply forced into the market, but the implications for consumers are surprising.

Get set for a re-run of the 2013 election scare campaign

The Coalition has wasted no time trying to link Labor's big renewables announcement with the carbon price scare campaign. Meanwhile Labor knows renewables are very popular, the complete opposite of the carbon price. Get set for depressingly simplistic slogans.

One year on from the carbon price experiment, the rebound in emissions is clear

The carbon price has gone and emissions have gone up from electricity, but the reasons for the rise are more complicated than the carbon price having been abolished.

Today's top 6 stories in energy & carbon

First half of 2015 hottest ever; but Abbott government not hot with the electorate; SunEdison pays US$2.2b to get into residential solar; but others say utility solar better; are India's low solar auction prices real? meanwhile in Australia....another coal mine gets Hunt's tick.

Spike in projects registered for Direct Action auction

There has been a major upward spike in abatement projects registered for the Government's emission reduction fund auction, yet the regulator remains silent on when the next auction might be.

Tony's 15% GST vs the carbon tax python squeeze

Which is worse for your cost of living and energy bills – the dreaded carbon tax or a 15% GST? More importantly, does it matter provided other taxes are cut?

Carbon diem: How India seized on the falling oil price to chart a green road to Paris

In addition to its solar plans and afforestation efforts, India - unlike advanced nations - has seized on the falling oil price to lift petrol taxes, shifting drastically from a reverse carbon price to a positive one.

US states are cutting power plant emissions ahead of new EPA rule

Forty-two states have already made moves to reduce power plant emissions ahead of the start of the Obama Administration's Clean Power Plan, but some states and utilities have a long way to go.

Is Qld coal about to be hit by big solar?

The solar resource, plus underlying power prices, is high in Queensland and there’s still some reasonable power demand growth thanks to the start-up of LNG plants. It may explain the games power gen-tailers are playing.

Clean Energy Bank chief warns of renewables market collapse

The CEO of the Clean Energy Finance Corporation has pointed to a major design flaw with the RET that suggests it could end in tears for investors. History suggests he’s partly right but ultimately wrong.

Wrecking ball in hand, Abbott changes tack on clean energy

The latest, and third, move against the CEFC - following attacks on every other climate policy - hands more market power to big utilities in the (reduced) area of renewables investment.

Solar investment surges in South America; Facebook wants 50% RET

The week in clean energy saw a $3.5bn PPA for a solar-wind-geothermal plant in Chile and plans for six new solar farms in Uruguay, while Facebook laid out a 50% renewables target for 2018.