The balance between reliability and emissions
Australia's new energy policy is fuel neutral with all sources of electricity generation being able, in theory, to compete on an equal basis
Launceston, Australia
IT WOULD be easy to dismiss the Australian government's discarding of a renewable energy target as a Donald Trump-like attempt to cling on to polluting fossil fuels in the face of the rise of cleaner alternatives.
Certainly, the decision by the centre-right Liberal Party federal government to end subsidies for renewable energy projects and reject advice to set a clean energy target has the appearance of being an abandonment of efforts to mitigate climate change.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Anglo rejects BHP takeover bid as significantly undervalued
India rice prices at three-month low on shrinking demand
Gold prices set for weekly decline ahead of US inflation data
Pricey coffee is here to stay as hoarding, heat hit Vietnam supply
Oil settles higher as weak US economic growth offset by supply concerns