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Climate policy

Today

Atlassian co-founder Mike Cannon-Brookes and his wife Annie bought Dunk Island recently, pledging to preserve its natural environment.

Private conservation investment ‘critical’ to saving Australia’s environment

But more action from governments is needed to enable such investment, which already accounts for 6 per cent of all protected land in Australia.

  • 21 mins ago
  • Hannah Wootton
Chris Bowen at last week’s Sydney Energy Forum

Bowen open to ratchet mechanism to win Greens over on climate

Climate Minister Chris Bowen is open to a change that would allow future governments to increase Labor’s 2030 emissions reduction target, if that is what it takes to win support from the Greens.

  • 1 hr ago
  • Phillip Coorey
Victoria’s Code Red warning will be dropped in new national signage, after research showed it was considered “Americanised” and “fear-mongering.”

National fire warning overhaul highlights dangers

New national simplified fire warning signs will be rolled out ahead of summer, powered by new more accurate fire behaviour modelling developed by the Bureau of Meteorology.

  • 1 hr ago
  • Tom Burton
“It is broadly accepted – certainly among independent, objective observers of the Australian economy – that wages aren’t the problem when it comes to the issues that we are confronting,” the Treasurer says.

Budget, economic outlook ‘confronting’: Chalmers

Treasurer Jim Chalmers says world economy ‘a difficult, if not dangerous, place’; PM, NSW, Victoria agree COVID-19 quarantine should not be shortened yet. How the day unfolded.

  • Updated
  • Georgie Moore
Firefighters battle to control a wildfire near Landiras in southwestern France.

Europe battles wildfires as heatwave causes hundreds of deaths

More than 1000 fatalities have been attributed to the nearly week-long heatwave in Portugal and Spain.

  • Guillermo Martinez
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Yesterday

Access to capital is crucial to creating a low carbon economy.

High demand prompts CBA to push ESG term deposit overseas

But Commonwealth Bank is not yet extracting the kind of premium that on-trend ESG products sometimes command.

  • Hans van Leeuwen

This Month

Australian Treasurer Jim Chalmers, left, confers with Singaporean Finance Minister Lawrence Wong during their bilateral meeting on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting in Nusa Dua, Bali, Indonesia

Chalmers takes Pacific focus in G20 speech

Treasurer Jim Chalmers has made special mention of Australia’s Pacific neighbours in an address to global finance ministers highlighting the threat of climate change.

  • Nick Gibbs
Chris BoWo Bowen

Australia rallies Quad on critical minerals security

Senior Albanese government ministers have talked up the nation’s vast reserves of lithium, cobalt and rare earth elements to leaders from Japan, the US and India.

  • Tom McIlroy
CEFC CEO Ian Learmonth

Qantas employees give climate tech a $100m shot in the arm

Qantas Super has joined the government’s Clean Energy Finance Corporation in an investment fund aimed at companies helping to reduce carbon emissions.

  • John Davidson
Prime Minister Anthony Albanese.

Albanese to promise ‘new era’ on clean energy supply

Indo-Pacific leaders should use soaring investments in renewables to diversify and secure critical supply chains, Prime Minister Anthony Albanese says.

  • Tom McIlroy

‘That’s not reality’: Chevron exec on demand for gas, oil and blue hydrogen

Gorgon LNG is storing carbon at barely half the promised rate but Chevron’s CCUS boss Chris Powers says the technology must be embraced for everyone’s sake.

  • Updated
  • Peter Ker
AMS is a company owned by motoring clubs and insurers across the nation, including NRMA and the Royal Automobile Clubs of Queensland, Victoria, Tasmania and Western Australia.

Motoring service bodies buy EV play Chargefox

Chargefox boss Marty Andrews said the takeover recognised Australia is at a “tipping point” regarding electric vehicles,

  • Lucas Baird
“We’re making it easier for Victorian households and businesses to go all electric,” says Victorian Minister for Energy, Environment and Climate Change Lily D’Ambrosio.

Victoria’s gas shake-up takes aim at household users

Green groups say it falls short of an outright ban on household gas, while industry figures warn Victoria’s gas plan will boost demand for high-emissions power.

  • Jacob Greber

June

Podcast episodes are out every Thursday. Listen for free wherever you get your podcasts.

Tech Zero episode 4: How to use food scraps for energy

A tiny South Australian town that was the birthplace of Bob Hawke is converting oat husks into energy, and biogas could provide up to 9 per cent of Australia’s energy needs.

  • Peter Ker and Lap Phan
Oats used in the production of biogas.

How ‘green gas’ could soothe the energy crisis

A huge gas resource equal to 5 per cent of domestic consumption could be delivered by 2025 if the government adopts a target for turning organic waste into biogas.

  • Peter Ker and Lap Phan
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The leaders of Britain, the US, Germany and France at the G7 summit in Bavaria.

Gas has ‘important role’: G7 curbs climate ambitions

The energy crisis triggered by Russia’s invasion of Ukraine has forced the world’s seven largest advanced economies to dial down their climate ambitions, accepting their dependence on gas.

  • Updated
  • Hans van Leeuwen
NATO forces need to prepare for more extreme conditions.

The next climate battlefront: turning the military green

Western military forces must adapt to extreme weather and cut their climate emissions, NATO boss Jens Stoltenberg says.

  • Updated
  • Hans van Leeuwen
Olympia Yarger

This maggot farm is growing jobs along with animal food

A survey of Australia’s climate tech sector finds it is creating thousands of jobs while trying to reduce greenhouse gas emissions, clean up waste and help secure the nation’s food supply.

  • John Davidson
Recharging infrastructure will need to follow.

How the government can unlock the electric car market

There is no shortage of demand for electric vehicles. The key in Australia is to improve the supply.

  • Monique Ryan
Green groups have warned Woodside investors about the risks around the Scarborough gas project.

A clarifying moment for responsible investing and climate change

A subtle shift is taking place in the divestment versus engagement debate, as gas stocks soar and supply shortages call for a sensible transition.

  • Updated
  • Adele Ferguson