The oil giant’s chief executive Mike Wirth warns against rushing away from fossil fuels, arguing the world faces serious consequences if it abandons existing energy systems too quickly.
The boss of one of the world’s top energy companies is worried about costs and policy settings in Australia. Future expansions and investment are now off the table.
From a selection of 144 countries, KeyFacts Energy features Australia in the continuing series of 'at-a-glance' reports, with selected information taken from our popular 'Energy Country Review' database.
More renewable energy projects were pulled from the federal environmental approvals process in the first seven months of this year than in the two years before it, in the latest reality check for both the government and the renewables industry ahead of Jim Chalmers’s economic reform roundtable.
Not one of the 76 renewables projects needing federal environmental assessment in NSW, Victoria or Queensland in 2023 or 2024 has received final approval, as “green tape” regulation continues to undermine Labor’s clean energy and productivity agenda.