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).
Libertarian senator David Leyonhjelm has devised a scheme where he gives the Coalition a political path to its 'real 20 per cent', basically by gutting new wind development in favour of handouts to existing hydro.
University of WA analysis suggests the WA grid could experience zero demand for central grid power in the middle of the day as early as 2026 based on plausible declines in the cost of solar systems. And cheap batteries don't help the situation.
The personal offence senior Coalition politicians have taken from Barack Obama's statement of concern for the future of the Great Barrier Reef appears to indicate either they didn't actually read his speech or they suffer from a profound ignorance of scientific research that is decades old.
Jacqui Lambie announced today she would help the government cut the RET and the CEFC. Her reasons illustrate profound ignorance which insiders say is a product of a puppet master inside her office opposed to wind power. But it matters little.
'Let's shut down the dirty Hazelwood and Anglesea coal power stations!' may sound great at an environmental activist rally but it shows an astounding lack of understanding of the power market. It's the best thing that could ever happen for other polluting coal generators.
Unprecedented joint statement urges Labor and Coalition to restart negotiations which grant aluminium an exemption from the Renewable Energy Target while also providing 'strong target that supports the future of renewable energy'. Will it achieve it anything?
$1 per watt solar systems are being advertised now for even small 1 kilowatt installations. The cost of electricity is so much lower than what power companies can offer that they are left with a stark choice: be eaten by others or do it yourself.
The BCA says Labor will hurt consumers by refusing to cede to government demands to slash the RET. But delving into their history and that of RET critic and Liberal MP Angus Taylor reveals a rather different story.
Desperate to see the Galilee coal mines go ahead, the Queensland Government has said it will 'invest' hundreds of millions to help pay for the Adani mega mine's infrastructure. It's likely it will never get that money back, and is more a 'gift' than an 'investment'.
The coal industry is getting really desperate in its response to the China-US climate deal - it's talking up clean coal. Meanwhile, it belittles solar - yet just two weeks of 2014 solar production will avoid more CO2 than all clean coal projects ever built.
Businesses have shown themselves to be spectacularly effective at delivering on NSW's energy efficiency target. Yet, despite today's announcement, the government still dithers over its longer-term plans for the target.
One of Australia’s larger and more reputable retailers is selling a 5kW fully installed solar system at $1 per watt - the holy grail price point. With batteries coming down in cost it prompts the question - why bother with utility-scale solar?
As UN chief Ban Ki Moon urged divestment from coal, the Environment Minister seemed desperate to talk-up 'clean coal' technologies. Yet he would know they are too expensive to win under his Direct Action auction so what's going on here?