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 has committed to income tax cuts without damaging the budget while reducing carbon emissions without increasing energy prices. Abbott says it's down to the Coalition's DNA. But voters may think it's more like DNTA - Do Not Trust Abbott.
The government has loaded the dice again in the next abatement auction, giving the regulator more powers to arbitrarily and without transparency change the way it conducts the auction. It might save money in the short term but at the expense of investment in new abatement projects.
Joe Hockey appears to be considering spending billions of taxpayers dollars to subsidise the huge new Adani Carmichael coal mine. Yet the coal market is suffering a large glut and government economic modelling shows it's about to get even worse.
Our Minister for the Environment has proudly trumpeted emissions have reached their lowest level in 10 years – all without a ‘painful carbon price’. It turns out he’s mastered an ability to manipulate the weather and global commodity prices. But those rising emissions from electricity – nothing to do with him?
Origin's CEO King says if anything Renewable Energy Target will be increased in future and shows economics for new renewable energy projects are compelling. Could spooked investors be missing an opportunity?
Repealing section 487 of the Environmental Protection Act will effectively preclude environmental groups from acting on behalf of affected communities and from performing their important function as a watchdog.
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.