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 has now publicly confirmed a large-scale RET offer above the 30,000GWh range, with Greg Hunt saying he's optimistic of a deal with Labor soon that goes 'significantly further' than 20%. However, Ian Macfarlane is striking a very different tone.
Tony Abbott and George Brandis have apparently lost confidence in the political impartiality of the Human Rights Commission ... a year after appointing to it an ideological soulmate with an advanced degree in carbon price sabotage.
As the LGC spot price grows and a compromise looms on the RET, might a few developers and financiers decide it's worth the risk to dive in and build some projects, even without a long term power purchase contract?
Rather than sending letters of demand to others that fan alarmist claims about solar safety, Greg Hunt would be better asking himself why his government doesn't bother to test the performance of solar panels receiving support under the Renewable Energy Target.
The alliance against rooftop solar appears to have been thwarted thanks to a grass roots campaign. Power companies are now scrambling to embrace solar via bundling it with power and other smart appliances - an old idea dreamed up by environmentalists. But has its time finally come?
Tony Abbott was out again hoping repeated exaggeration would overwhelm economic reality. It's funny until you realise it acts to endorse the big power retailers' suggestions they won't comply with their obligations under a Labor deal on the RET.
A compromise deal on the Renewable Energy Target is nearing - with a Coalition MP now ratcheting up the pressure. A wide range of targets are on the table, but the sector looks ready to meet any scenario.
When the national health research body said more research into the effects of wind turbines on human health was 'warranted', many would think they had found reason to suspect a problem. But the reason was politics. It marks a saddening new low in the politicisation of science.
The United Kingdom’s three main political parties have jointly agreed to put climate policy above politics. In Australia both parties have the same emissions reduction targets – but investors can see nothing but politics.
The first round of Emissions Reduction Fund auctions will be held in two months, but the government is still yet to lay out rules for many emission sources while the disappearance of a study of the five-year contract feature's effectiveness may also limit bids.
The latest attack on me, where I'm described as a 'liar' and renewable energy as 'useless', from one of Australia's conservative elite commentariat is so disconnected from reality and basic logic it's impossible to resist responding.
Indications are the Government will drop insistence on reducing renewable energy target to a real 20% and is floating a large scale target in the "low 30,000GWh" with stakeholders. Is a deal on the RET imminent?
Reports that Energy Australia might be split up highlights the difficulties power companies are having in making their investments pay-off. Their focus on tricky 'discount offers' may actually be encouraging people to wean themselves off grid power.