Top energy chiefs have warned a hung parliament would be responsible for ‘horrific’ policy outcomes, amid fears the PM could be left hostage to a crossbench dominated by Greens and teals.
BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor concerns over earnings, two sources told Reuters.
Prime Minister Anthony Albanese is set to face demands from the Greens and the teals to ditch Woodside’s North West Shelf project extension in exchange for supporting a minority Labor government.
Energy Secretary Chris Wright took the stage at the annual Conservative Political Action Conference on Wednesday to expound on President Donald Trump’s “drill, baby, drill” philosophy.
Donald Trump’s Energy Secretary Chris Wright has declared he would “love” to see Australia embrace uranium, as he labelled the ambition to achieve net-zero emissions by 2050 a “sinister” goal.
Jeff Dimery, the boss of Australia’s fourth largest electricity retailer, has warned of looming hikes in energy prices with the eventual closure of coal power plants.