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).
Six of the nation's leading consumer and community groups - including the Brotherhood of St Laurence and ACOSS - have written an open letter calling on the government to consider the consumer benefit in retaining the RET.
The government may have overestimated the gap to achieve its 2020 emissions reduction target by close to 100%. This comes on top of it cutting the projected abatement task almost in half less than a year earlier. Is cutting carbon pollution really as hard as economists believe?
It started with the carbon price billion dollar handout, then it moved onto trying to slice the RET. Now we have the Energy Green Paper entertaining the idea of assisting the exit of a power generator. Why are government officials so keen to intervene to help coal generators out of commercial difficulties?
Ian Macfarlane's energy green paper scores a 'C' for electricity and an 'A-minus' for gas. But in an industry where predictability is critical to investment decisions, its silence on climate is unacceptable.
Yet another report has come out explaining how technology, not hippie communes, can allow us to address climate change. It builds on countless earlier reports that embrace the importance of energy rather than 'kumbaya'.
Climate Action Tracker's latest has the world on track for 3.7-degree warming by 2100, removing coal-power by 2050 only puts it at 3.2 degrees, while replacing coal with gas is set to have minimal benefit.
The government has little to offer at the UN climate change summit in New York tomorrow and its Direct Action policy appears to have been eaten by a dog. Yet in spite of failing to do its homework, new data suggests it could hit its emission reduction target.