News

BP Plans to Exit $36 Billion Australian Green Hydrogen Hub
After years of stock under performance and departure of the plan’s architect, BP has refined its strategy to focus more squarely on profits than green goals.

BP ditches $54b Pilbara hydrogen project
BP has abandoned plans to invest in a huge green hydrogen project in Western Australia, adding to the companies walking away from the clean fuel that was once regarded as a big export opportunity for the country.

‘Climate virtue-signalling’: Labor continues destroying farm land in ‘mad’ renewable push
Sky News host Peta Credlin discusses Labor’s push to build 90 wind turbines the size of Sydney’s Barangaroo Towers in a New South Wales town.

‘You guys are drip-feeding us’: Farmers clash with Net Zero execs
Locals in a small NSW town overwhelmingly rejected a plan to build 90 wind turbines, each roughly the size of Sydney’s tallest building, and they didn’t hold back in a meeting with green energy executives.

Once upon a time in the green energy transition
The world once cheered Germany’s green fairytale, which had a title that evoked a brisk, healthy walk in the woods: Energiewende.

BlueFloat pulls plug on Victorian offshore wind project after failing to find buyer
Offshore wind developer BlueFloat Energy has abandoned plans for one of Victoria’s most advanced offshore wind projects after failing to secure a buyer, dealing a fresh blow to the state’s ambitious clean-energy transition.

Gas is good, like it or not: WA Labor leader
West Australian Premier Roger Cook says Australia’s gas industry should get more credit for helping high-emitting trading partners wean themselves off, coal and business and governments need to fight harder to make that case with the public.

Australia’s threatened metal manufactures
Australia’s net zero policies are driving a rapid de-industrialisation, as energy-intensive industries struggle to remain viable under rising costs and regulatory burdens.

Stanwell exits Gladstone green hydrogen project
Queensland’s largest green hydrogen project is on the scrap heap after state government-owned Stanwell Corporation announced its withdrawal from the international consortium developing the estimated $12.5 billion production plant and pipeline.

Gina Rinehart labels net zero a ‘magic pudding’ and says Australia should aspire to be like the United States
Gina Rinehart says net zero is an “unobtainable and expensive magic pudding”, and believes Australia should follow the lead of the US.

Rinehart lashes ‘magic pudding’ net zero
Gina Rinehart has lashed net zero as “unobtainable and expensive”, while celebrating Hancock Prospecting and Rio Tinto’s Hope Downs 2 $2.5 billion investment call.

Minerals Council urges policy reset as public purse takes big hit from profits, royalties decline
Australia’s peak mining lobby says unfavourable policy settings are coming to the fore after a $14.6bn plunge in royalties and company taxes collected from the sector.