The proposed $3.5 billion second electricity interconnector between Tasmania and Victoria will go ahead under fast-tracked reforms that will spread the cost more widely.
Last modified on Tue 25 May 2021 13.31 EDT
The chief executive of Snowy Hydro, Paul Broad, has known the part-owner of the Kurri Kurri site, where a new taxpayer-funded gas plant will be developed, for 40 years but says he recused himself from negotiations about the land.
Broad told a Senate estimates hearing on Tuesday evening he had known Hunter Valley property developer Jeff McCloy since they were at university together.
McCloy, who is redeveloping the Kurri Kurri site, has previously told the Independent Commission Against Corruption in New South Wales he gave thousands in secret donations to state Liberal candidates and felt âlike a walking ATMâ.
New International Energy Agency Report Reprimands Any New Fossil Fuel Development Guess What Australia Did Next? gizmodo.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gizmodo.com.au Daily Mail and Mail on Sunday newspapers.
Last modified on Wed 19 May 2021 05.29 EDT
The Morrison government says it will spend up to $600m on a new gas-fired power plant in New South Wales – the latest in a series of announcements dedicating taxpayers funds to greater fossil fuel use.
Meanwhile, the International Energy Agency has released a landmark report saying there should be no new investments in coal, oil or gas if the world is to keep open a narrow possibility of meeting the goals of the Paris climate agreement and reaching net zero global greenhouse gas emissions by 2050. It has laid out a pathway that could get the world there.