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 first US Republican to officially declare a 2016 presidential run, Texas Senator Ted Cruz, has confused 21st century scientists with the 17th century Church, with climate change a movement aiming to control 'every aspect of our lives'.
The Clean Energy Council has blinked, conceding to a reduction in the large-scale RET to 33,500GWh. With Ian Macfarlane refusing to budge and Labor holding out too, have they just given ground for no pay-off? Don't give up hope just yet.
Bill Gates has been a long-standing advocate of 'creative capitalism' to address global poverty, but his foundation's fossil fuel portfolio contrasts with its own concern that climate change is a major issue for developing countries.
If ARENA had instead partnered with SP AusNet and The Cape eco-village, a much bigger, more effective, distributed and more resilient system could have been built with 10 times the storage as the WA trial - at the same cost.
Western state - which has 5.4GW solar capacity - becomes first in US to generate more than 5% of electricity from utility-scale solar, with the increasing energy source picking up hydro's slack during the state's drought year.