The Latest Breaking News from Tony Wood

Australia's biggest electricity system 'on life support' as states take control of the energy transition

Top energy expert says the country's biggest electricity market is dying as state and federal governments take control of renewable energy switch.

ABC News · Oct 20, 2022

Australia's great energy transition reaches a 'tipping point' as clock winds forward for coal

Everywhere you looked over the past few days it seemed the super-charged transition from coal-fired power to renewable energy was on display. So what's next?

ABC News · Sep 30, 2022

Victoria's Loy Yang A power station will close as early as 2035. What does that mean for energy generation in the state?

Victoria's largest power station will close a decade earlier than expected. With fossil fuels currently generating about two thirds of the state's power, what does this mean for the future?

ABC News · Sep 29, 2022

UK faces catastrophic winter as energy costs skyrocket: Is Australia safe from this crisis?

With the UK in for an astonishing surge in energy bills, many Australians are wondering if they too can expect their household costs to rise.

The New Daily · Aug 29, 2022

‘Completely laughable’: claims that a mine will create ‘more jobs per hectare’ than the Great Barrier Reef derided

Clive Palmer’s Central Queensland Coal suggested proposed coalmine is a ‘greater economic powerhouse’

The Guardian - AU · Aug 26, 2022

Hunter needs far more from coal royalties, report says

The high-profile national policy think tank has joined calls for a public authority to coordinate economic transition in the Hunter and says the NSW government should direct far more coal royalties back to the region.

Newcastle Herald · Jul 3, 2022

‘Industrial revolution’: Australia’s decarbonisation needs rigorous management, thinktank warns

Grattan Institute paper recommends allowing trading of carbon credits and a firm limit on emissions for country’s largest polluters

The Guardian - AU · Jul 3, 2022

Regulator reveals huge investment needed to reach net zero by 2050

Australia must invest at least $12.7 billion in the electricity grid as “urgently as possible” to push ahead the transition to net zero, AEMO says.

The New Daily · Jun 30, 2022

Does Australia need Tasmania to become a multi-billion-dollar 'Battery of the Nation'?

As coal-fired power stations close down, there is a push for the renewables-rich state of Tasmania to become the "Battery of the Nation". The problem is, no one knows who will foot the multi-billion-dollar bill.

ABC News · Jun 27, 2022

UK inflation has hit a 40-year high. Here's what that means for Australia

Inflation is soaring to new highs in major global economies and Australia is not immune.

ABC News · Jun 22, 2022