Saturday, October 12, 2024

Australia already has a UK-style windfall profits tax on gas – but we’ll give away tens of billions of dollars unless we fix it...

Australia already has a UK-style windfall profits tax on gas – but we’ll give away tens of billions of dollars unless we fix it soon Peter Martin, Crawford School of Public Policy, Australian National University The...

Bowen has to rule out CoalKeeper — and we need a windfall profits tax

Bernard Keane writes in CrikeyWith Energy and Climate Minister Chris Bowen meeting state and territory counterparts and energy regulators on Wednesday 8th June 2022, the ghost of Angus Taylor hangs over the gathering beyond...

Edict for gas storage amid energy crisis

The NewDaily's Dominic Giannini reports Australia’s energy ministers have unanimously agreed to enhance the powers of energy regulators and give the market operator the capacity to procure and store gas supplies. Energy Minister Chris Bowen...

The two great stupidities behind our inflation

Alan Kohler asserts It’s a bit like chemotherapy that kills the cancer by taking the patient to death’s door. Here’s a wild idea for mainstream economists to smile at condescendingly: How about the Reserve Bank stands...

Energy prices leave few winners — while the rest of us lose

Bernard Keane writes in The GuardianSeveral long-term trends are now intersecting in a way that is going to deepen economic divisions in Australia, as well as undermine growth ahead of what may become a...

The Big Gas Con – how fossil fuel giants are cheating Australia’s emissions system

by Callum Foote | May 15, 2022 | An unholy alliance of carbon farmers and Big Gas lobbyists are quietly shaping Australia’s emissions reduction framework to maximise their take of taxpayer money while increasing emissions...

Taylor’s obsession with failing, inflationary coal will help kill off AGL split

By Bernard Keane Crikey Politics Editor Scott Morrison and Angus Taylor have spent the past three and a half years trying to chain Australia to an unreliable and uneconomic source of power that now threatens to...

Carbon state: Coalition changed rules to save fossil fuel donor tens of millions

By Bernard Keane The failed Gorgon carbon capture and storage (CCS) project could be spared more than $100 million in costs after the Morrison government intervened to change the rules around Australian Carbon Credit Units,...

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