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).
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?
The Energy Supply Association has released a report spruiking the benefits of a shift to electric and natural gas fuelled vehicles, with bullish predictions of uptake even if government does little to encourage them.
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.
Labor's commitment to 50% share of renewables in our electricity supply by 2030 is ambitious. Yet when assessed against the need to match the emission reduction pledges of the US and Canada, we'll need an awful lot else too.
The media loves a good scary story about a new tax, especially one back from the dead. Yet because we often pay our power bills like mindless zombies, power retailers are hitting our wallet with a cost 2½ times bigger than the carbon price.
The reason there is little incentive to export power to the grid is because as far as the poles and wires businesses are concerned it doesn't matter whether a generator is 100 kilometres away or just 10 metres up the road. A new regulatory rule could change this.
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.
Restricting the CEFC from investing in wind and rooftop solar has been seen as helping out the coal industry. Yet there’s the curious possibility it might equally be about helping out mates in the renewable energy industry.
Victoria's electricity network businesses are pushing for a 41% increase in operations and maintenance costs with productivity descending to their government owned peers, while demanding a financial return well above what the regulator thought reasonable for SA's network.