Queensland power supply to face strain as heatwave sends demand to near-record levels

Surging consumption comes despite ‘very sleepy period’ for electricity use, energy expert says

Queensland’s electricity supplies are expected to be strained for a second day in a row as the heatwave roasting much of northern Australia lifts power demand to near-record levels.

The mercury exceeded its forecast maximum for Brisbane of 37C by early afternoon and was recently at 38.3.5C, or eight degrees above the December average, Bureau of Meteorology data showed.

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Two people dead and a dozen injured after multi-car crash in NSW – as it happened

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Tasmanian yacht Alive is in the box seat to take out Sydney to Hobart yacht race’s overall honours, with skipper Duncan Hine confident the 66-footer has a winning time on the board.

Hine and his crew finished the 628-nautical-mile blue water classic yesterday afternoon as clubhouse leaders on handicap time.

It’s a waiting game. We’re looking good, though. I believe we could do it again, but the reality may be different. Now we wait with bated breath to see if anyone can beat our time.

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UK students launch Barclays ‘career boycott’ over bank’s climate policies

Campaign at leading universities such as Oxbridge and UCL warns lender it will miss out on top talent if it finances fossil fuels

Hundreds of students from leading UK universities have launched a “career boycott” of Barclays over its climate policies, warning that the bank will miss out on top talent unless it stops financing fossil fuel companies.

More than 220 students from Barclays’ top recruitment universities, including Oxford, Cambridge, and University College London have sent a letter to the high street lender, saying they will not work for Barclays and raising the alarm over its funding for oil and gas firms including Shell, TotalEnergies, Exxon and BP.

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Queensland to ban new oil and gas drilling in Lake Eyre basin rivers and floodplains

Steven Miles has delivered on two of the environment movement’s most pressing concerns within a week of being sworn-in as premier

The Queensland government will ban new oil and gas developments in the Kati Thanda-Lake Eyre basin’s rivers and floodplains – belatedly delivering on a nine-year-old election commitment to reinstate protections for the state’s pristine channel country.

The state’s premier, Steven Miles, will on Friday announce new environmental regulations for the basin, which is among the world’s last unaltered river systems.

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Australia news live: only 54.3% of Virgin flights and 66.3% of Qantas flights on time last month, transport minister says

‘Very disappointing results, it is no wonder that so many Australians remain fed up with our major airlines,’ Catherine King says. Follow today’s news updates live

‘Very, very clear’ renewables are the cheapest form of energy, Bowen says

Renewable energy is the cheapest form of energy, including its storage and transmission costs, the energy minister told ABC RN.

Its conclusions this year are unimpeachable and very, very clear.

The cheapest form of energy is renewable energy, even including the costs that go with renewable energy around storage and transmission.

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Solar and on-shore wind provide cheapest electricity and nuclear most expensive, CSIRO analysis shows

Estimates show small modular nuclear reactors would provide most expensive power and will not be available until 2030

Electricity generated by solar and on-shore wind is the cheapest in Australia, even after the significant expense of integrating them into the power grid is factored in, according to new analysis from the CSIRO.

Estimates of costs to build small modular nuclear reactors – a technology supported by the Coalition but not expected to be commercially available until at least 2030 – have risen dramatically and would provide the most expensive power, according to the draft GenCost report.

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Cambridge University reportedly could drop Barclays in favour of greener bank

UK lender is a major European funder of oil and gas projects and university has said it does not want to back fossil fuel expansion

Cambridge University could cut ties with Barclays after more than 200 years over the bank’s refusal to stop financing new oil and gas projects, according to the Financial Times.

It reported that Cambridge is looking for an institution with robust climate policies to manage “several hundred million pounds” in cash and money market funds – a mandate expected to cover more than £200m in assets and generate about £10m in fees a year.

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Australians may get more cost-of-living relief in the next budget, Jim Chalmers says

Exclusive: Treasurer says government working on measures to ease the squeeze as well as policies to accelerate transition to net-zero emissions

Jim Chalmers has said Australians could receive more help with cost-of-living relief in the budget next May and confirmed the government is working up new policy measures to accelerate the transition to net-zero emissions.

In an end-of-year interview with Guardian Australia following the release this week of the mid-year budget update, the treasurer said the government would consider further interventions to help households between now and the May budget as long as measures didn’t fuel inflationary pressure, which has been moderating.

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Cop28 president says his firm will keep investing in oil

Exclusive: Sultan Al Jaber says Adnoc has to meet demand for fossil fuels, and hails ‘unprecedented’ Cop deal

The president of the Cop28 climate summit will continue with his oil company’s record investment in oil and gas production, despite coordinating a global deal to “transition away” from fossil fuels.

Sultan Al Jaber, who is also the chief executive of the United Arab Emirates’ national oil and gas company, Adnoc, told the Guardian the company had to satisfy demand for fossil fuels.

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Qantas calls cash compensation for delayed flights a ‘backwards step’ – as it happened

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Jimmy Barnes recovering after open heart surgery

Jimmy Barnes has made it through his open heart surgery and is recovering in the ICU, supported by his wife Jane.

I’m happy to let you know that our Jimmy has made it through his surgery and is now recovering in the ICU. We’re so grateful for the incredible medical team looking after him. Thank you all.

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Australia news live: ABC cancels The Drum; two feared dead in NSW plane crash

Follow the day’s news live

Education review due

Education minister Jason Clare spoke to ABC News Breakfast just earlier about the much-anticipated review into Australia’s education system, released today.

You talk about entrenched disadvantage in our schools, this report tells us we’ve got one of the most segregated school systems in the OECD, not by the colour of your skin but the size of your parents’ pay packet. Children are more likely to fall behind at school if they’re from a poor family and from the bush, but if they’re at a school where a lot of people are experiencing disadvantage it’s even harder to catch up. There’s a number of things we need to do to turn that around.

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Middle-class fear of green policies fuels rise of far right, Colombia’s Petro warns

Guerrilla leader turned president says, faced with having to reduce their carbon consumption, upper classes fear ‘the barbarians are coming’

Middle-class fears of losing a high standard of living because of green policies is driving the rise of the far right across the world, the president of Colombia has warned.

In a wide-ranging interview with the Guardian at the Cop28 UN climate summit, Gustavo Petro, Colombia’s first leftwing president, said the world had to find carbon-free ways of being prosperous, and that his country’s rich biodiversity would be the basis of its wealth after phasing out fossil fuels.

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Australia news live: Daniel Andrews fires up over ‘Dictator Dan’ moniker; festival-goers warned about heatwave conditions

Former Victorian premier gives first interview after resignation, saying ‘the haters hate and the rest vote Labor’. Follow the day’s news live

James Ashby to stand for One Nation in Queensland seat

James Ashby, the chief of staff to One Nation leader Pauline Hanson, will stand for the party in the seat of Keppel at next year’s Queensland state election, AAP reports.

The Nationals are dead in Queensland’s parliament while the Liberals are lurching further left in their attempts to secure inner-Brisbane seats.

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Nuclear Leaks: what is the UK nuclear site Sellafield and why is it so important?

A Guardian investigation has revealed hacking, radioactive leaks and toxic workplace culture at Europe’s most hazardous nuclear site

Nuclear Leaks, a year-long Guardian investigation, has uncovered problems with cyber hacking, radioactive leaks and toxic workplace culture at Sellafield, the UK’s most hazardous nuclear site.

It has also revealed how a small corner of the UK has an outsized influence on its special relationship with the US, with the countries bound by the shared history of nuclear weapons development. Britain’s neighbours in Europe, particularly Norway and Ireland, also keep a sharp eye on the site, from where previous pollution incidents and radioactivity as a result of a fire have made it to their shores.

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Mary Robinson reiterates call for rapid phase-out of fossil fuels

Former Ireland leader issues firm response in row over comments made to her by Cop28 president

Mary Robinson, the former president of Ireland, has called for a rapid phase-out of fossil fuels, in a diplomatic but firm response to the row over comments made to her by the Cop28 president, which were revealed by the Guardian this week.

In a live online event, Sultan Al Jaber had told Robinson there was “no science out there, or no scenario out there, that says that the phase-out of fossil fuel is what’s going to achieve 1.5C”, a view strongly rejected by many scientists. As well as running the Cop28 UN climate summit in Dubai, Al Jaber is the chief executive of the United Arab Emirates’ state oil company, Adnoc.

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Offshore oil regulator ‘avoiding scrutiny’ over approval for Woodside blasting and drilling

Environmental lawyers concerned Nopsema has not published its reasons for approving work at Scarborough gas development

Environmental lawyers have raised concern the offshore petroleum regulator is attempting to avoid scrutiny by not publishing its reasons for approving seismic blasting and drilling for a major fossil fuel development in northern Western Australia.

The National Offshore Petroleum Safety and Environmental Management Authority (Nopsema) granted approval for seismic testing and drilling of up to 10 wells for Woodside’s $16.5bn Scarborough gas development last Friday.

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Australia ends finance for fossil fuel expansion overseas – now focus turns to local subsidies

Albanese government announces at Cop28 it will phase out offshore support for coal, oil and gas within a year

The Australian government has been praised for joining a global partnership committed to stopping billions of dollars in foreign aid and loans being spent on fossil fuel expansion, but the decision has also prompted renewed calls for it to reconsider polluting subsidies at home.

The Albanese government announced at the Cop28 climate summit that it had joined 40 other countries in signing up to the clean energy transition partnership, an agreement first reached in Glasgow two years ago.

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‘The science compels: phase out fossil fuels’ – Mary Robinson responds after Cop28 row – live

Former president of Republic of Ireland makes first comments since Sultan Al Jaber told her a fossil fuel phase out could mean ‘going back into caves’

Alok Sharma, an MP for the Conservative party in Britain and president of Cop26 that was held in Glasgow two years ago, has made some comments about Al Jaber’s presidency: “everyone should be questioned,” he says.

Environment ministers from Germany and Colombia have led an open letter calling for the inclusion of nature in the global stocktake outcome, which countries are negotiating at Cop28.

“The GST provides a critical moment to recognize the importance of just and inclusive means of implementation, and address the significant finance gap for nature-based solutions,” said Muhamad. “In particular, the involvement and respect for the rights of Indigenous Peoples and local communities is critical, in addition to the urgent need to align financial flows to enable the transformations required to deliver the Paris Agreement goals.”

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Jim Chalmers open to clean energy investment reforms pushed by super funds

Treasurer says government ‘committed to consider’ proposals, including concessional finance to bankroll new transmission infrastructure

Jim Chalmers has signalled the Albanese government is open to considering sweeping reforms being championed by industry superannuation funds to unlock billions in private capital to fund Australia’s clean energy transition.

After meeting on Tuesday with banks, venture capital firms, super funds and investor groups in Canberra, the treasurer told journalists he had committed to consider specific measures proposed by AustralianSuper, cbus, HostPlus, CareSuper, Hesta, UniSuper and the behemoth Australian fund IFM Investors.

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Eight workers at Texas chemical plant hospitalized after toxic gas leak

Altivia Chemicals said personnel have contained leak of phosgene as city lifts shelter-in-place order that affected nearby plants

Eight people were taken to a hospital for treatment on Monday after a toxic gas leak at Altivia Chemicals’ plant in La Porte, Texas, local officials said.

An update on their condition was not immediately available. The city canceled a shelter-in-place order in the afternoon that had affected several nearby industrial plants, officials said.

Reuters contributed to this report

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