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?
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.
Calculations suggest Labor's 50 per cent renewable energy target will cost households an awful lot less than a 15 per cent GST. The reason for the small cost comes down to making a proper comparison with the likely alternative option.
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.
First half of 2015 hottest ever; but Abbott government not hot with the electorate; SunEdison pays US$2.2b to get into residential solar; but others say utility solar better; are India's low solar auction prices real? meanwhile in Australia....another coal mine gets Hunt's tick.
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 Environment Minister is now resorting to a 2nd reading speech to suggest the government’s demand that the clean energy bank not fund wind and rooftop solar is nothing more than ensuring it fulfils its intended purpose.