Turnbull and ex-spy chief join Twiggy Forrest s global renewable hydrogen push reneweconomy.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reneweconomy.com.au Daily Mail and Mail on Sunday newspapers.
Morrisonâs climate stance is shifting say observers, but glacially
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Before Scott Morrison spoke at the National Press Club a rumour spread through climate activist circles that the PM was about to announce a firm target of reducing greenhouse gas emissions to net-zero by 2050. Such a target would have brought Australiaâs ambitions into line with Europe, the United States and much of Asia.
It would have been a huge step for a government known for its reluctance to take aggressive action on climate change. Excitement spread among some campaigners. But Morrison did not go nearly so far last week.
24 December 2020
The Australian Energy Regulator has approved a request from the energy market operator to ‘trigger’ the Retailer Reliability Obligation for the first time, as market regulators act to fill a forecast supply gap following left by the closure of the Liddell power station in 2024.
In its most recent Electricity Statement of Opportunities report, the Australian Energy Market Operator (AEMO) said that it had identified a predicted capacity shortfall of 154MW in New South Wales in early 2024, and had issued a request to activate the Retailer Reliability Obligation (RRO), which will require electricity retailers to ensure they have sufficient contractual arrangements in place to maintain reliable supplies of electricity.