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).
Back in 2009 and even 2011, if all we cared about was reducing the largest amount of emissions within just a few years solar PV would be towards the bottom of the list. Yet in the 3½ years since I left the Grattan Institute solar PV costs have dropped so far that it's worth celebrating rather than lamenting.
NSW consumers already pay twice as much as Victorians in network charges. The energy regulator in its latest determination failed to address this discrepancy, yet the NSW Government via Networks NSW has sent in the lawyers to get even more money from consumers.
There is a way for governments to find out the consensus on global issues such as climate change. But it involves painstaking, complex work, and an end to the adversarial clash of competing ideologies.
2 companies responsible for 31% of global emissions
The Abbott Government has achieved a significant cut to the Renewable Energy Target yet a clause in the federal legislation prevents state schemes similar to the federal RET. One workaround options stands out for climate-concerned state energy ministers.
Areva's experience with its European Pressurised Reactors shows developing modified versions of even conventional reactors, let alone radically new types, can be complicated and protracted and end in failure.
Making native forest wood waste eligible under the RET is unlikely to make a material difference to solar and wind projects by itself. But anti-RET senators Leyonhjelm and Day could use it for ends that extend beyond just wood waste.
Nobel Laureates met recently in Hong Kong to sign a memorandum calling for cities to help guard against climate change. As the most creative places on the planet, big cities are the perfect place to meet this challenge.
‘A ridiculous waste of taxpayers money’ is probably a good description of the iron ore inquiry being pushed by Twiggy Forrest, but it’s an even better description of the countless inquiries the wind industry has been subjected to. Comic relief is the only cure for the Aussie epidemic of 'wind farm inquiry' sickness.