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 government would do well to listen to the advice given by Ken Henry recently because its vision of Australia as an 'affordable energy superpower' fails to realise that, even were this true, it ain't worth much.
Data on manufacturing output since the US shale gas boom began suggests being an affordable energy superpower isn't what some would have you believe, with Germany's manufacturers doing better than the US.
The latest solar sales data is in - so are customers responding to threats about the end of the rebate? And is it a fair claim, anyway, given the Senate is saying the Warburton Review is 'dead on arrival' and should 'go in the bin'?
Our first go at industrialisation saw Londoners choking on coal smoke. An extraordinary alliance of world leaders and economists has shown what commonsense already tells us - that is not the only recipe for economic success.
The Clean Energy Council issued a statement yesterday telling Ian Macfarlane they're not interested in volunteering themselves to be sacrificed. It reflects a belief that while the government talks tough, they are in fact weak and vulnerable on the RET.
Ian Macfarlane is trying to switch the onus of RET negotiations to Labor, and the industry, to come to him. But given it is his government that wants to change the law, shouldn't he detail what needs to change and the problem it will solve, besides improving coal generators' profits?
Abbott is facing a grass roots revolt over the Renewable Energy Target, having badly misjudged it as the carbon tax mark II. If he had listened to the relevant ministers instead of his supporter base he may have avoided the problem.
The power sector has splurged on acquiring and building power generation and network capacity in full knowledge of the imperative for greater energy efficiency and cleaner power. Now there's not enough demand for this capacity, they are desperate to make it someone else's problem.
Outgoing CEO Rob Grant has ridden the technological and regulatory waves of renewable energy, growing from small suburban beginnings into a billion-dollar international power project developer. It's a story Australia should be proud of, but some seem to favour power stations built by state governments decades ago.
The 20 MW Royalla solar farm opens today. It happened via the ACT's renewables auction process after just 2½ years. Meanwhile, the federal government's solar farm program is yet to deliver an electron to the grid – after five years. What's the lesson here?
The wind developer's shares strangely rose after release of the government review recommending the withdrawal of support for wind power. Key executives in the renewables sector believe climate sceptic Dick Warburton is actually helping their cause.
In an interview that went from trouble to farce, the chair of the renewable energy review fumbled questions about coal's windfall before admitting he has no figures to support his argument to slash the renewables target because Direct Action is cheaper.