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).
Two days after Glencore complained about government subsidies to support new coal mines, it appears common sense is finally prevailing on the government about funding support for the Adani mega coal mine.
The Environment Minister is crowing that yet-to-be released emission projections will prove his policies to be a spectacular success. If so Direct Action really is an incredible policy capable of even influencing the weather.
The Environment Minister is very confident that countries will pledge further emission cuts in climate negotiations following Paris. It prompts the question: won’t the Coalition have to lift the ambitions of its own climate policy and can a Coalition climate civil war be avoided?
The Victorian Government has been keen to paint itself as pro-renewable energy. But it has been exposed by new analysis showing its 20 per cent renewable energy target will be achieved without it lifting a finger.
The International Energy Agency believes half of new power additions globally will be made up of wind and solar in the coming five years. But it provides a warning about investor confidence almost perfectly targeted at the Australian Government.
The Paris pledges represent the first step of nations revealing to each other they want to address the climate change problem. The next test will be that they implement policies that show they are delivering on their promises.
Lawrence Berkeley chart illustrates plummeting 70% drop in contract prices that now average $50 per megawatt-hour, driven not only by large drops in the capital costs of projects but also improved capacity factors.
Some assume mining and emission reduction regulations are in conflict, but analysis from BHP Billiton shows it's more complex and suggests relatively little impact on their earnings. But there's some weaknesses in their assumptions.
The renewable energy certificate market is booming, yet retailers aren’t much interested in bringing on new supply. Origin’s credit problems provide a new insight into why, but it can’t explain AGL’s contradictory climate stance.
You've got to give the Minerals Council credit for persistence in the face of insurmountable facts against them with their decision to stick with their 'Coal is Amazing' PR campaign. Pity just one comment from the CEO and a single chart destroy their argument.