The slow rate of electric vehicle switching and adoption of clean industrial technologies will stop Australia from achieving its net zero by 2050 target, Oxford Economics predicts.
Kate Burgess
Climate, energy and resources correspondent
Kate has spent two decades as a financial journalist in print and online media in Australia, the UK and Asia. Her reporting career began on property trade titles, then BRW and the Australian Financial Review, followed by a stint in London with ICIS and as the founding Asia-Pacific editor of the Inframation news service, owned by Mergermarket.
Contact Kate via email.
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Advising companies on what to do about their climate and environmental impact, and investing in the solutions, is now big business.
Australian nickel miners are adjusting to a "new normal" of an oversupplied global market where they lose out to cheaper Indonesian producers. They are flexing their ESG muscles to command a green premium, but buyers are reluctant to pay up.
Weaker than expected European EV demand and a global oversupply of lithium has made Australian producers and their investors nervous. There are some, however, who predict prices have bottomed.
BHP's multibillion dollar writedown of its nickel assets and the Indonesian election result could ramp up pressure on the government to lift for support the sector.
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Australia's carbon trading market has been dogged by accusations of fraud in the past. But as it moves from a voluntary to a compliance based system, supporters say its integrity issues have been resolved.
ASX-listed Calix has perfected its green iron recipe and claims it is only slightly more expensive than the regular fossil fuel variety.
Large Australian companies will be forced to reveal the risks of climate change to their operations under a mandatory reporting regime effective from 1 July. But are they ready?
An $80 billion Woodside-Santos merger made little sense from the beginning — including from an energy transition perspective, with the companies pursuing very different net zero strategies.
After months of silence, the government finally released details of its upcoming fuel efficiency policy, which brings Australia into line with the US, but still behind Europe.
Water startups have struggled to attract climate tech funding despite increasing global water scarcity. A new breed of Australian startups are working to change that.
Carbon capture and storage has divided the clean tech community for years. But there's growing support for its use in hard to abate sectors. And one of the biggest projects in Australia to date, by Santos, is set to go live in 2024.
The Australian Renewable Energy Agency shortlisted six projects for its $2 billion Hydrogen Headstart program, but the brainchilds of Woodside and Andrew 'Twiggy' Forrest's Fortescue were conspicuous by their absence.
The push to reduce the carbon footprint of new buildings is prompting greater consideration of embodied carbon in construction materials.
One of Brookfield's most senior executives tells Capital Brief there are "certainly other opportunities in Australia" for a landmark deal beyond Origin Energy.
A modified phrase in the Global Stocktake Text was enough to get all 200 signatories of the Paris Agreement on board to wrap up negotiations at COP28 in Dubai.
Beyond pursuing a potential $80 billion corporate merger, Woodside and Santos could well also compare notes on defending claims of greenwashing.
Woodside and Santos are poles apart on their ESG strategies. Would an $80 billion merger be beneficial from a sustainability lens?
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