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).
Members of the Abbott Government assert the Carmichael Coal Mine will create 10,000 jobs, while others say it's more like 1,464 jobs. Without government subsidies the mine will probably produce no jobs, but which number is right?
Treasurer Nahan says solar PV will, 'displace a lot of the existing capacity. It’s low-priced, it’s democratically determined and it’s something we’re committed to facilitating'. This is a guy who used to be the head of the right wing Institute of Public Affairs.
Origin Energy is urging the Victorian Government to regulate the closure of coal, joining similar calls from AGL and EnergyAustralia. Two graphs show why Australia has given up on a purist ETS approach to decarbonising the power sector.
EnergyAustralia's parent company has joined AGL in asking government to shut down power capacity. Why? Apparently it's because we can't fit in extra renewable energy, not to help them out. But new data suggest the overcapacity issue is solving itself.
ANZ's chief executive says advancements in energy technologies and storage means that industrialising countries can widen access to cheaper electricity by bypassing the grid and conventional power stations.