Tag: Australia renewables

Don’t Repeat Europe’s Energy Mistakes, Warns Former Extinction Rebellion Activist

A former activist in radical climate change group, Extinction Rebellion, has called on Australia not to follow Europe’s footsteps into its current energy crisis through the aggressive pursuit of net-zero. Zion Lights, former Extinction Rebellion spokesperson, said Europe was currently a “sinking ship” that was forcing residents into “scrambling to keep” the lights on. “Europe…


Austraian Iron Ore Magnate Andrew Forrest Pushes for New ‘Decarbonisation’ Plan

Australian iron ore billionaire Andrew Forrest has announced a $9.2 billion (US$6.1 billion) plan to “eliminate” his mining empire Fortescue’s “fossil fuel risk profile” in a bid to gear up for the renewable shift amid concerns that the new processes will impact low-quality iron ore, coal steel and zinc supply chains. Forrest announced his company’s “decarbonisation…


Australian Iron Ore Magnate Andrew Forrest Pushes for New ‘Decarbonisation’ Plan

Australian iron ore billionaire Andrew Forrest has announced a $9.2 billion (US$6.1 billion) plan to “eliminate” his mining empire Fortescue’s “fossil fuel risk profile” in a bid to gear up for the renewable shift amid concerns that the new processes will impact low-quality iron ore, coal steel and zinc supply chains. Forrest announced his company’s “decarbonisation…


Billionaire Pledges $6 Billion to ‘Decarbonise’ Mining Empire

Australian iron ore billionaire Andrew Forrest has announced a $9.2 billion (US$6.1 billion) plan to “eliminate” his mining empire’s “fossil fuel risk profile.” Forrest announced his company’s “decarbonisation strategy” during a CEO roundtable on “Business leadership to rescue the Sustainable Development Goals” in New York City. The event was part of U.S. President Joe Biden’s…


Solar Tech Powers Up: Researchers Develop Method of Harnessing Solar Energy at Night

Researchers from the University of New South Wales (UNSW) have discovered a way to generate electricity from solar energy at night, potentially overcoming the problem of intermittency in solar renewable power. During the day, the Earth heats up as sunlight hits the planet, and at night this heat radiates out into the cold outer space…


Australian Wholesale Electricity Prices More Than Doubled Over the Year

Australian households and businesses are faced with another cost of living pressure, with wholesale electricity prices revealed to have more than doubled over the last year. The Australian Energy Market Operator revealed in its latest quarterly energy dynamics report that electricity spot prices had soared 141 percent over the year to the 2022 March quarter…


All Future Coal, Gas, Oil Jobs Will Be Lost for Australia to Achieve Net Zero by 2050: Report

For Australia to achieve net zero by 2050, all coal, gas, and oil projects currently in the construction pipeline would need to be cancelled, according to a landmark report by the Institute of Public Affairs (IPA). “This research reveals that a policy of net zero emissions by 2050 will inflict significant and irreparable economic and…


Australian State Bans Offshore Oil and Gas Exploration

The New South Wales (NSW) government announced that it will stop support for all offshore exploration and mining around the state’s coastal waters for commercial purposes. Any offshore exploration or mining will be limited to tackling coastal erosion through beach renourishment, the Deputy Premier and Resources Minister Paul Toole said. “NSW has some of the…


Renewable Energy Giving Rise To Slavery: Australian Human Rights Commission

The Australian Human Rights Commission (AHRC) has told companies in the energy and resources sector they must report annually to address risks of slavery found throughout the renewable energy supply chain. The report released by the AHRC in conjunction with KPMG Australia highlighted concerning reports of solar, wind, and battery technology involving adults, and in…


Rapid Renewables Rollout Poses Critical Dangers to the Grid

As environmental groups and activists demand Australia do more to address climate concerns, energy experts have issued their own warning around Australia’s energy security amid an accelerated proliferation of renewable power. The Australian government’s Energy Security Board urged the prime minister and state premiers that Australia’s grid infrastructure was in need of a complete overhaul…