Alan Kohler is one of Australia’s most experienced business commentators. Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report. Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website. Alan is the regular finance presenter on the ABC News and producer of the popular nightly graph (or two).
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.
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?
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.
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.
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.
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.
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.
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.