Business

Deeper carbon cuts for power sector would cut prices: RepuTex

The debate over the Clean Energy Target overlooks the low target on offer, Reputex says.

A weak Clean Energy Target (CET) would shift the emissions reduction burden away from the electricity sector, undermine investor certainty, and potentially leave power stations pumping out pollution into the next century, according to analysis by RepuTex.

Caltex cuts 120 jobs in restructure

The company will merge its wholesale, refining, and import functions into one unit, while its petrol and convenience ...

Caltex Australia will cut jobs as part of a review of its operations as it looks to offset the impact of losing its supply contract with Woolworths.

Australians are now paying 'desperation price' for gas

Australia is the world's second-largest exporter of LNG.

Energy companies should look to source gas on international markets to fulfil their commitments to international customers - or be forced to do so - to help solve the national supply crisis, says the head of one of Australia's biggest manufacturers.

Santos halves loss but holds off on payout

Santos.

Santos swung to a first-half underlying profit on Thursday, beating analyst estimates, helped by strong oil and gas prices and lower production costs, but held off on reinstating a dividend payout as it focuses on paying down debt.

Pollution from coal-fired power reveals a 'black hole'

A survey of 10 of Australia's biggest coal-fired power stations finds them lagging internationally on most areas of ...

Australia's biggest coal-fired power stations are permitted to dump toxic pollutants on nearby populations far in excess of overseas counterparts, even those in China, a survey by Environmental Justice Australia reveals.

Life's too short: Why we pay the mug's power bill

You could call it a tax on wealth, or at least on inattention.

The major power companies' default mode is to treat loyal, long-term customers as complete mugs. You can ask for discounts, but it's finding the best deal where the pursuit of cheaper power becomes complicated.