Category Archives: Chris Bowen

News live: Australia signs renewables pledge at Cop28; Brisbane mayor quits 2032 Olympics role

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Adrian Schrinner says the Palaszczuk government has ‘completely lost its way’ on road to event as he quits Brisbane 2032 Games delivery forum. Follow the day’s news live

Australia backs COP28 renewables, energy efficiency vow

Now for some more detail on Australia – along with 118 nations - signing a pledge at the COP28 climate summit to triple global renewable energy capacity by 2030.

“We know that renewables are the cleanest and cheapest form of energy - and that energy efficiency can also help drive down bills and emissions,”

Australia has the highest penetration of rooftop solar in the world and has a plan to get to 82 per cent renewables by 2030 to deliver cleaner, cheaper and more reliable energy.

It’s clear that the games have become more about over-priced stadiums rather than the promise of vital transport solutions.

The state government’s ham-fisted and foolish attempt to extort Brisbane ratepayers for tens of millions of dollars for a new RNA stadium was the final straw.

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Australia politics live: Albanese says Israel-Hamas war protest at Melbourne hotel ‘beyond contempt’

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Chalmers: ‘We are making some welcome progress in the fight against inflation’

Is Jim Chalmers confident that interest rates could fall from next year?

My job is to focus on this fight against inflation. And we saw overnight from the OECD, we saw from Deloitte Access Economics, we saw in the Bureau of Statistics data which came out yesterday, that we are making some welcome progress in the fight against inflation and that will determine the future directory trajectory of interest rates

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Time running out to make prosperous transition to net zero emissions, Australia warned

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Climate Change Authority tells Labor government rapid action is needed, including accelerating emissions cuts from oil and gas

Australia risks falling short of its 2030 climate target and time is running out for it to make a prosperous transition to net zero emissions on its own terms, the independent Climate Change Authority has warned.

The authority’s annual assessment of Australia’s progress on climate said the country still had time to take advantage of the opportunities a net zero world presented, but it risked the transition to a clean economy being “dictated to us by the actions of others around the world” the longer it delayed.

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Extending incentives for rooftop solar panels beyond 2030 and expanding them to include household batteries and private electric vehicle chargers

Accelerating emissions cuts from oil and gas by introducing international best practice measures to cut methane emissions and leaks, and requiring facilities to sequester all carbon dioxide pollution

Coordinating with state and territory governments to agree on timing for the retirement of fossil fuel generators

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Chris Bowen warns global heating will fuel political instability in annual climate statement

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Parliament to hear increased ‘fragility’ of energy networks ‘could be used by hostile actors’ amid existential national security risk to Pacific neighbours

The climate change minister, Chris Bowen, will declare runaway global heating remains a national security threat and predict that countries vulnerable to sea level rise will look to Australia to provide “mobility with dignity” as the climate crisis deepens.

Bowen will tell parliament on Thursday that extreme weather events caused by climate change will also place increased strain on Australia’s energy networks, warning “this fragility could be used by hostile actors”.

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Climate protesters arrested at Port of Newcastle blockade – as it happened

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‘The biggest transformation in our country’s history’

Chris Bowen has been talking about Labor’s plans for reducing emissions, but he’s pressed on the fact that the government has been approving new coalmines and gas projects, which add to global emissions.

The way I see this, David, you can enter into a discussion with your international counterparts which we are doing which is us saying to them, “We will continue to be a reliable energy supplier but we want to work with you on your decarbonisation because we have advantages that you don’t have. We can provide renewable energy.” That is an important conversation to have.

Frankly the approach of others is more a slogan than a policy. We are making the biggest transformation in our country’s history and that involves both domestic policies and strong international engagements, as I will be doing over the next couple of weeks and we have been doing all the way through.

It will be treated in the budget statement of risks and liabilities in the normal fashion. But this is the right policy for the right times to ensure emissions come down and reliability goes up.

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Cop28: Australia to bring evidence it can meet 2030 climate target but pressure builds over fossil fuels

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Chris Bowen says country ‘reaping the economic opportunities’ of clean energy as emissions projection improves

The Albanese government will head to a major UN climate summit in Dubai furnishing new evidence that Australia is all but on track to meet its 2030 emissions target, but facing calls that it must do more to limit the country’s fossil fuel exports.

A snapshot of an upcoming emissions projections report released by the climate change minister, Chris Bowen, suggests Australia will likely cut its CO2 pollution to 42% below 2005 levels by 2030 – nearly in line with the government’s 43% reduction target.

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Small modular nuclear reactor that was hailed by Coalition as future cancelled due to rising costs

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Opposition climate and energy spokesperson had pointed to SMRs as a solution to Australia’s energy needs, but experts raise questions over price tag

The only small modular nuclear power plant approved in the US – cited by the Australian opposition as evidence of a “burgeoning” global nuclear industry – has been cancelled due to rising costs.

NuScale Power announced on Wednesday that it had dropped plans to build a long-promised “carbon free power project” in Idaho. It blamed the decision on a lack of subscribers for the plant’s electricity.

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Replacing Australia’s retiring coal power stations with small nuclear reactors could cost $387bn, analysis suggests

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The figure adds fuel to the growing political dispute over the pace and form of Australia’s energy transition

The federal government says it would cost as much as $387bn to replace Australia’s retiring coal-fired power stations with the form of nuclear power proposed by the Coalition.

The figure, produced by the energy department, is the projected cost of replacing all of the output from closing coal-fired plants with small modular reactors.

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Record levels of renewable energy help bring down Australia’s energy prices, says Aemo

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Energy dynamics report finds clean energy is displacing fossil fuels and sending carbon emissions from the sector to new lows

Australia’s record levels of renewable energy helped extend the slide in wholesale power prices in the first three months of 2023, displacing fossil fuels and sending carbon emissions from the sector to new lows for the first quarter.

The latest energy dynamics report by the Australian Energy Market Operator (Aemo) showed wholesale spot prices in the national electricity market (NEM) averaged $83/MWh, down more than a 10th from the December quarter and two-thirds lower than the record average $264/MWh in the June quarter last year.

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Advice on voice a ‘cynical political tactic’ to confuse voters, Coalition claims – as it happened

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Ed Husic says board appointments alone won’t guarantee RBA diversity

The ministry for industry, Ed Husic, says he believes new appointments to the RBA board alone isn’t enough to bring diversity to the central bank – he says there need to be “deeper structures” put in place.

As a government, I can give you this assurance. We do like to take into account people’s views from different vantage points. I do think it is important that where decisions have an impact – not just in terms of investors or industry but the people that work in them or the broader community – I think it’s a healthier decision …

Some people will fix on ‘well, someone should have a seat at the board’ for that to occur and I understand why they’ll make those arguments. I’m not necessarily convinced that that specifically guarantees that will occur, just having one person on the board. There need to be a lot deeper structures for people to have that sense that they’ve had a say and that they can have an ability to influence and inform decision making.

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Australia’s coming national electric vehicle strategy will be ‘quite ambitious’, experts say

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Chris Bowen is expected to introduce an EV and vehicle fuel efficiency standards policy next week

Australia’s long-awaited national electric vehicle strategy is expected to be released next week, finally detailing the introduction of pollution standards that should accelerate the uptake of electric cars.

Industry sources say the federal climate change and energy minister, Chris Bowen, will release the strategy ahead of an event in western Sydney on Wednesday.

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Most Australian states face sharp power bill rises, despite government’s intervention

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Energy regulators issue draft default market offer, which set cap for this year’s increases

Power bills for households in three states will rise as much as 23.7% from 1 July if the Australian Energy Regulator’s draft determination, announced on Wednesday, is confirmed. Prices in Victoria may rise by almost a third.

The AER chair, Clare Savage, said the increases were “significant” but they could have been as much as 40% to 50% without the federal government’s intervention in December to cap domestic gas and black coal prices.

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Australia’s big polluters must cut emissions by nearly 5% a year, but can use offsets to get there

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Plan that is key to Albanese government’s 2030 target will focus on emissions intensity to encourage cleaner practices rather than cutting production

Australia’s big polluting sites will have to reduce greenhouse gas emissions by nearly 5% a year but will face no limits on the use of carbon offsets under the Albanese government’s plan to deal with industrial emitters.

The climate change minister, Chris Bowen, on Tuesday released the government’s plan to revamp the safeguard mechanism, a Coalition policy that was promised to limit emissions from more than 200 industrial facilities, but in practice has failed.

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Australia news live: flood peaks expected in parts of SA, private hospital nurses to strike in NSW for first time in decades

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South Australian SES revises dates for expected peak flows with Renmark and Berri expected to peak today; nurses at two major private hospitals in Sydney to walk off the job at 1pm

Private hospitals nurses to walk off the job for first time in decades

Staying in NSW, nurses at two major private Sydney hospitals will walk off the job later today.

The Australian market regulator and the cap price that people pay for electricity will make their announcement in February about what bills people will pay for next year. And we expect that the move will feed directly through to that and see downward pressure of up to $243 on electricity bills of what it was previously going to be.

How much of a philosophical jump was it for you as a Liberal, to intervene in the market in this way and cap the prices?

Well, it wasn’t a jump at all to stand by people following the illegal war in Ukraine, which is pushing up electricity bills. The government is there to protect the people – not the other way around.

And that’s exactly what we did. We looked at a range of measures to support people to deal with these high electricity prices. And this is the one that the commonwealth government asked us to do and, obviously, our No 1 priority is standing by the people of New South Wales using our balance sheet to support families and businesses. And that’s exactly what we’re doing.

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Eight batteries to be built around Australia to increase renewable energy storage capacity

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Energy minister Chris Bowen says the batteries – shared between four states – will increase capacity tenfold to help stabilise the grid

Eight large batteries to store renewable energy will be built around Australia to support the grid and help keep energy prices down, the federal government has said.

The government-owned Australian Renewable Energy Agency (Arena) would provide $176m to the projects, the energy minister, Chris Bowen, announced on Saturday.

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Electricity generated by burning native Australian timber no longer classified as renewable energy

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Labor revokes Abbott government move which allowed energy from burning wood waste to be counted with solar and wind

Electricity generated by burning native forest wood waste will no longer be allowed to be classified as renewable energy under a regulatory change adopted by the Albanese government.

The decision, which Labor had promised to consider after it was recommended by a Senate committee in September, reverses a 2015 Abbott government move which allowed burning native forest timber to be counted alongside solar and wind energy towards the national renewable energy target.

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MPs’ Pacific islands tour to show bipartisan support – As it happened

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Senior politicians from both major parties to travel to Vanuatu, the Federated States of Micronesia (FSM) and Palau this week. This blog is now closed

The Bureau of Meteorology expects scattered showers expected over South Australia.

Meanwhile the heatwave that has settled across northern Australia is expected to ease.

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NSW ‘almost ready to sign up’ to coal price cap to provide energy price relief

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State’s energy minister, Matt Kean, says ‘It’s not about royalties, it’s all about consumers’, putting pressure on Queensland counterpart

New South Wales is prepared to agree to a price cap on coal without compensation to provide energy price relief to consumers and business, adding pressure on Queensland to follow suit.

Meanwhile, a meeting of energy ministers in Brisbane on Thursday has agreed, as expected, to move ahead with a so-called capacity investment scheme to help accelerate the take up of new storage in the electricity grid.

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Australia is on track … sort of: official expert advice urges a ‘big upward shift’ on emissions cuts

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Climate change minister tells parliament official projection of 40% cut does not factor in all Labor’s policy commitments

Australia’s climate change minister, Chris Bowen, has declared the country on track to reach a 40% cut in climate pollution by 2030 – just short of the national target of 43% – but the government has been told a “big upward shift in momentum” is needed to tackle the problem.

Giving the country’s first climate statement to parliament, which is now required annually under legislation passed earlier this year, Bowen said the official projection of a 40% cut did not factor in all Labor’s policy commitments, and that those measures would “lift our result to at least 43%”.

The statement did not shed light on what the government would do to make deeper cuts in line with its goal of limiting global heating to 1.5C above pre-industrial levels, an expectation raised by a UN-backed report if the Great Barrier Reef is to avoid being nominated as a world heritage site “in danger”. It also did not mention the country’s vast coal and gas export industries.

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Albanese government may need states to help with energy price cut amid ‘complex’ situation

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It is expected Labor will adopt a suite of reforms to address an anticipated 56% increase in electricity prices

The Albanese government could struggle to provide comprehensive energy price relief, unless the governments of New South Wales and Queensland cooperate with a plan to temporarily cap the wholesale price of coal.

The energy minister, Chris Bowen, updated cabinet on Monday on the components of Labor’s long-telegraphed regulatory intervention in the energy sector.

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