Category: News

When I began writing about economics at The Australian more than a decade ago, these pages were filled with optimism: the resource boom was in full swing, the phrase “miracle economy” still prevalent. If we had a problem it was a “two-speed” economy, and an Australian dollar that was almost as valuable as the greenback.

Ten years after the signing of the Paris climate accord, demand for coal shows no sign of peaking

The Middle Eastern capital community under the banner of the Abu Dhabi group is set to make a fortune if it wins control of Santos.

China consumes as much coal in eight hours as Western Australia uses in 12 months but, as the result of the politically palatable decision to cease using coal by 2030, we are sleepwalking into an energy disaster.

Victoria cannot rely on pulling more gas from Queensland to shore up an energy system pushed to the edge by a cascading set of breakdowns and concerns over the reliability of renewables, with the pipeline flowing south already at full capacity.

Mike Cannon-Brookes made his money in software with Atlassian, and has big renewable energy aspirations with the SunCable project. But easy funding is proving elusive.

A Commonwealth review of three major policies that regulate the east coast gas market will consider any impact to Australia’s reputation as an investment destination while leaving the door open to unspecified government “initiatives” to boost domestic supply.

The World Bank is lifting its decades-long ban on financing nuclear energy, in a policy shift aimed at accelerating development of the low-emissions technology to meet surging electricity demand in the developing world.

Britain’s Labour government has agreed to take a £17.8bn ($36.9bn) stake in building a nuclear power plant as fears rise that the country’s rush to build wind and solar farms is leaving the grid vulnerable to outages.

The initial cost of producing green hydrogen from Australia’s two largest projects will be more than four times the price of rival energy sources, posing a fresh setback for Labor’s bid to deliver a major new export ­industry by 2030 and meet net-zero goals.