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).
Energy Australia's new CEO has joined AGL in declaring that unless government shuts coal they can't justify investing to meet the recently downsized Renewable Energy Target. Yet it is far cheaper to buy power from wind than pay the scheme's penalty - so what's going on here?