Net Zero Transition

Chris Baker said pumped hydro could generate a base load like nuclear, while being cheaper to build and a better complement to renewables.

The Future Fund is now worth $230 billion and was created to ease the government’s reliance on taxpayers.

Peter Dutton demands clarity on the federal government’s decision to abstain from joining a global nuclear energy commitment.

Bowen also urged nations to unite and accelerate efforts to meet Paris Agreement goals.

The move complements existing commitments like the $100 million Pacific Resilience Facility pledge.

Aurora Energy Metals has entered into an option to take over a number of uranium exploration licenses and applications in Western Australia.

McCoskers Contracting Director Bob McCosker said Australia could attract workers from the US if it decided to pursue nuclear power.

Bob McCosker made the comments to a government committee investigating the potential role nuclear energy has in Australia.

The NRF will support manufacturing in key areas including renewable energy development.

A group of Queensland farmers are worried that 9,000-acre solar project would destroy their properties and fertile farmland in the region.

Anthony Albanese has not outlined his government’s 2035 emissions target ahead of the election, saying he would do it ’sometime next year.’

Australia’s Climate Change and Energy Minister Chris Bowen says the nation is on track for a near-record when it comes to solar power generation.

‘That’s not the way the Paris Agreement works,’ said Department Acting Deputy Secretary Kushla Munro.

The NSW government has pushed the new laws through Parliament to prevent anymore disruptions to Australia’s coal operations.

The Golden Plains Wind Farm has been marred by safety incidents with an environmentalist criticising the Chinese-origins of the wind turbines.

The federal government boosts funding to encourage more electric vehicles in Australia, in response to emissions produced by the transportation.

There has been a 0.4 percent increase in carbon emissions in Australia between the year to June 2022 and the year to June 2024.

‘The additional cost for the domestic decarbonisation task is between $500 and $800 billion, going from no abatement target to net zero,’ said Michael Brear.

University of Melbourne Professor Michael Brear said the current net zero plan was a work in progress and lacked details about how to achieve the transition.

Energy expert Sarah Lawley said the oversupply of energy during solar hours resulted in curtailment with commercial implications for investors.