Latest
Can Pollination really become the next ‘green’ Macquarie?
The fledgling investment bank has lofty ambitions and a high-profile roster of executives. But it also has plenty of competition for climate dollars.
- Ben Potter
- Analysis
- Activist shareholders
Woodside treads impossibly fine line on climate demands
Whether new oil and gas projects can align with the Paris Agreement is central to the oil and gas producer’s stoush with activists and some proxy advisers.
- Updated
- Angela Macdonald-Smith
A different kind of property crash hits Dublin as Big Tech cuts
In the Irish Capital’s North Docks district, new buildings are falling into bankruptcy protection after US tech firms scaled back space and borrowing costs rose,
- Neil Callanan and Olivia Fletcher
Green scheme rules hang in balance as 6GW deadline nears
The details of the Capacity Investment Scheme are still being debated just weeks before the first auction for six gigawatts of wind and solar capacity.
- Angela Macdonald-Smith
‘Australians will have to pay more for energy in future’: Alinta CEO
Jeff Dimery called for an honest debate about the costs of the energy transition and said consumers would inevitably have to pay more.
- Angela Macdonald-Smith
This Month
Henry demands billions for nature repair market
The economist wants a public fund to spur corporate involvement in “nature-positive” land protection.
- Jacob Greber
Woodside slams Glass Lewis’ carbon assessment
The proxy adviser appears to have based its views on two activist groups holding up to 0.005 per cent of the stock and ignored Woodside’s extensive talks on climate, it said.
- Angela Macdonald-Smith
Can one of our dirtiest coal plants reap a green bonanza?
Verdant Earth has lofty ambitions to turn the moribund Redbank into a major clean energy precinct using biomass. Environmentalists are still unhappy.
- Ben Potter
EU ‘disappointed’ on frozen trade talks, big on SMRs
Labor should “re-engage” over trade co-operation, said EU Commissioner for Energy Kadri Simson, who advocated the benefits of nuclear power.
- Jacob Greber
Proxy group at odds with itself over Woodside’s Richard Goyder
The sustainability arm of Institutional Shareholder Services is recommending against the re-election of the company’s chairman – contradicting its main analyst.
- Angela Macdonald-Smith
- Opinion
- Commercial real estate
Going green can deliver gold for landlords
Until now, the property sector has mostly viewed energy and emissions reduction as a cost-cutting exercise. Now the focus is shifting from cost to value.
- Selina Short
High-profile analyst accuses CGI Glass Lewis of activism on Woodside
Saul Kavonic, of MST Marquee, said the influential proxy advisory group “appears to have lost objectivity and equity in its work”.
- Angela Macdonald-Smith
D’Ambrosio gas claim debunked after outburst against Labor’s King
In another Victorian clash over gas with the Albanese government, Lily D’Ambrosio accused Madeleine King of behaving like “a Coalition minister”.
- Jacob Greber and Gus McCubbing
- Opinion
- Chanticleer
Richard Goyder’s plight is worth watching
It’s a surprise to see a proxy adviser take on Woodside Energy chairman Richard Goyder. But it is another timely reminder of the way capital markets are headed.
- Updated
- Anthony Macdonald
Santos pursues environmentalists that bankrolled Barossa gas protest
The gas producer wants four activist groups to hand over documents that could show who funded litigation against its offshore project north of Darwin.
- Angela Macdonald-Smith
Allan Gray will disregard proxy advice and back Goyder at Woodside
The investment firm is a big shareholder in the oil and gas giant. It is supporting its climate strategy in the face of opposition from environmentalists.
- Angela Macdonald-Smith
Rio Tinto to set nature targets ahead of massive Guinea project
The mining giant’s sustainability credentials have been in question. But chairman Dominic Barton says it is focused on standards in developing nations.
- Peter Ker
Influential proxy adviser urges vote against Woodside chairman
CGI Glass Lewis also supported an activist shareholder group push to reject the oil and gas producer’s updated climate strategy at the company’s annual meeting.
- Updated
- Angela Macdonald-Smith
Japan wind project founders as other decisions remain secret
Flotation Energy says it is ‘very surprised and disappointed’ after hearing last week that it had failed to secure an offshore licence for Gippsland.
- Angela Macdonald-Smith and Ben Potter
- Opinion
- Electric vehicles
Do you want a jackhammer to go with your electric car?
It should be possible to roll out simple street charging power outlets at a cost similar to what you’d pay to install a dedicated charger in your own home.
- Tristan Edis
Coal power surge raises pressure to extend Eraring
A surge in coal generation in NSW in the March quarter has put pressure on Origin and the state government to postpone closing Australia’s largest power station.
- Ben Potter
Bet ‘significant’ public money on renewables stakes: Combet
The incoming chair of the nation’s sprawling $212 billion Future Fund says it’s time to return to public investment in green energy.
- Jacob Greber
Origin Energy suitor EIG nabs stakes in three major LNG projects
The private equity group, partly owned by Saudi Aramco, has made three investments in ventures run by Woodside, Chevron and Shell and will open a local office.
- Angela Macdonald-Smith
Green premiums are real, says aluminium boss
Electric vehicle makers are refusing to pay a green premium for low-carbon nickel but Capral says customers are paying an extra 5 per cent for clean aluminium.
- Peter Ker and Lap Phan
- Exclusive
- Climate policy
Sims questions solar panels as report sounds alarm on coal jobs
The green energy advocate’s caution comes as Labor looks to fund early retirements of coal power station workers, some earning up to $170,000 a year.
- Jacob Greber
