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Fortescue boss Andrew Forrest at the World Economic Forum in Davos.

Hydrogen’s bubble has burst, so should Twiggy buy rather than build?

Hydrogen share prices have collapsed on the back of rising interest rates and confidence-sapping scandals. Is it time for Fortescue to take advantage?

  • 35 mins ago
  • Peter Ker
BHP sold two of its Queensland mines, Daunia and Blackwater, to Whitehaven for $6.4 billion.

Whitehaven soars on coking coal pivot

Whitehaven Coal says many foreign steelmakers have expressed interest in buying a minority stake in the Blackwater mine it is about to acquire from BHP.

  • Peter Ker
“The environmentalists will be fighting a losing battle.”

The week that put ‘green lawfare’ in the dock

Claims against fossil fuel projects based in Indigenous cultural heritage suffered a setback after the emphatic dismissal of a case blocking Santos’ Barossa project.

  • Ben Potter

Barossa one of the new projects pushing up carbon bill

RepuTex analyst Anton Firth estimates Barossa will emit 19 MT CO₂ between its commencement in 2025 and 2030.

  • Ben Potter

Fix regulatory cloud over oil and gas: EnergyQuest

How policy decisions are resolved on offshore gas consultation and the future of gas will be critical for Australian LNG, EnergyQuest says.

  • Updated
  • Angela Macdonald-Smith
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This Month

Bart Kolodziejczyk (left) and Michael Masterman were early leaders of Fortescue’s clean energy pivot. Now they’re trying to beat their alma mater at its own game.

Former Fortescue duo in breakaway green iron dream

Two architects of Fortescue’s clean energy pivot are behind a new start-up that aims to solve the carbon footprint of Australia’s iron ore industry.

  • Peter Ker
Jikilaruwu traditional owner Simon Munkara led the Tiwi Islander applicants in the case and said they were disappointed by the decision.

EDO lawyer slammed by judge in Santos case moves on

An Environmental Defenders Office solicitor found by a judge to have distorted the words of an Indigenous witness has left the organisation.

  • Ben Potter and Aaron Patrick
The group will co-file a shareholders’ resolutions pushing Shell to align itself with the Paris Climate Agreement.

Shell investors unite with activist group urging greater emissions cut

The group, which includes Europe’s largest asset manager Amundi, will co-file a shareholders’ resolutions pushing Shell to align itself with the Paris Agreement.

  • Laura Hurst
Simon Munkara, lead litigant in the Tiwi Islanders’ case against Santos’ Barossa gas project, which ended in victory for the gas producer on Monday.

‘Damage has been done’: Broader hit from Santos’ Barossa gas case

Santos has not changed the budget for its Barossa gas project, but some analysts expect the legal and regulatory delays could add $700 million to $800 million.

  • Angela Macdonald-Smith
Jikilaruwu traditional owner Simon Munkara, lead litigant in the Tiwi Islanders’ case against Santos’ Barossa gas project north of Darwin, which ended in victory for the gas producer on Monday.

Environmental lawyers get a lecture in how to litigate

Those seeking to oppose gas projects cannot hide behind elaborately constructed or confected Indigenous heritage claims.

  • Ben Potter
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‘Made up’: Judge slams green activists in Santos gas case

Federal Court says “cultural mapping” evidence presented by Environmental Defenders Office is “so lacking in integrity that no weight can be placed” on it.

  • Hannah Wootton and Ben Potter
Protesters outside the Federal Court in Melbourne during a Santos appeal hearing over the Barossa gas project.

Investors ‘flying blind’ over climate lawsuit risks

Polluting companies could be liable for trillions in damages from climate cases, but investors and regulators are overlooking the risks, academics warn.

  • Gus McCubbing
Resources Minister Madeleine King.

King moves to remove ‘ambiguity’ in offshore gas approvals

The gas industry wants changes to regulations on consultation for offshore projects to prevent them being manipulated and delayed by green activists.

  • Angela Macdonald-Smith
Building large nuclear reactors in Britain is a slow and costly undertaking.

Britain doubles down on nuclear option

A new road map commits the government to a fresh, large-scale reactor as well as the novel smaller tech, and to making uranium fuel domestically.

  • Hans van Leeuwen
Federal Climate Change and Energy Minister Chris Bowen (left) and Andrew Forrest at the Uungula wind farm site on Thursday.

Forrest’s Squadron takes on AGL, Origin with 14GW green build-out

The pledge comes as Andrew Forrest’s private energy company started construction on the Uungula wind farm near Wellington in central-west NSW.

  • Updated
  • Angela Macdonald-Smith
Victorian Environment Minister Steve Dimopoulos says biodiversity and environmental protection can coexist with the development of clean energy projects. 

Victoria won’t explain how it could stop wind hub wrecking wetlands

Victorian Environment Steve Dimopoulos accused the Commonwealth of creating a “binary” choice between biodiversity protection and the energy transition.

  • Updated
  • Gus McCubbing
The IEA forecasts Australia’s rapid expansion in rooftop solar will slow.

Rooftop solar saturation dims Australia’s renewables growth: IEA

The International Energy Agency also cited rising costs, grid bottlenecks and long commissioning periods as it trimmed its forecast for local clean generation.

  • Angela Macdonald-Smith
Plunging wholesale prices caused by rooftop solar floods hit solar farms hardest because they generate at the same time.

Power price plunge complicates the energy transition

Falling power prices make it harder for developers to finance vitally needed wind and solar projects but are an incentive to build battery storage, experts say.

  • Ben Potter
After two years of rises of 20 per cent or more, household power bills will benefit from plunging wholesale electricity costs in 2024.

Why household power bills may ‘fall a little’ in 2024

After two years of rises of 20 per cent or more, household power bills will benefit from plunging wholesale electricity costs in 2024.

  • Updated
  • Ben Potter
Victorian-based federal teal MP Zoe Daniel has urged the state government to consider alternative site options to the Port of Hastings for its offshore wind terminal.

Teals back Plibersek, urge Vic to find alternative to Port of Hastings

Teal MP Zoe Daniel says Victoria should consider alternatives in Geelong and Tasmania that would have less environment impact than the Port of Hastings.

  • Gus McCubbing
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Chris Bowen says the port decision highlights the need to get environmental approvals right.

Victoria offshore wind setback no threat to 2030 target: Bowen

Energy Minister Chris Bowen says setting up a new industry from scratch takes time.

  • Jacob Greber

Tanya Plibersek’s wind farm veto explained

The federal environment minister said the dredging and drilling to build the hub would cause irreparable harm to threatened sea creatures, plants and ecosystems in Western Port Bay.

  • Ben Potter
The federal government has blocked a Victorian plan for a wind farm development terminal.

Green energy setbacks show why gas has its role in the transition

The shock Victorian wetlands decision illustrates the impact of the real world on the best laid plans for renewables. That’s why we need gas investment as a buffer.

  • Steve Davies
Environment Minister Tanya Plibersek has received support from Liberal senator Jonno Duniam in blocking approval for an offshore wind terminal in Victoria due to environment protection concerns.

‘We wouldn’t do it for a coal mine’: Libs back Plibersek in wind fight

The federal opposition has sided with Environment Minister Tanya Plibersek against Victorian Premier Jacinta Allan in a fight over offshore wind energy.

  • Gus McCubbing and Angela Macdonald-Smith
Solar power is the fastest growing component of the changing grid mix, but the rate of expansion in wind and solar power needs to more than double to achieve energy transition goals.   Pictured: A solar farm at Rio Tinto Group’s Gudai-Darri iron ore mine in the Pilbara region of Western Australia, on Thursday, Oct. 19, 2023.  Photo: Carla Gottgens/Bloomberg

Wind, solar must expand at twice the rate to meet goals: new data

Coal power needs to exit the grid four times faster than it did in 2023 from now to 2030 to meet national goals, while renewables need to accelerate.

  • Ben Potter