Energy

The report from Aberdeen and Grampian Chamber of Commerce said that industry confidence is plummeting, with high taxes and a potential exploration ban looming.

The government faces a ’significant' challenge to increase the number of trained engineers needed to support an eleven-fold increase in heat pump installations.

Under a new framework standardised reporting will be used by farmers and producers to verify and manage their emissions accounting.

The administration said it is taking a ‘whole-of-government approach to the climate crisis.’

Customers can expect to pay less from mid-summer as energy regulator Ofgem lowers the price cap by 7 percent, but analysts warn it won’t last.

The analysis found that the cost of power from large-scale nuclear reactors would be up to eight times more than reliable renewables.

Australia’s lithium resources will be kept at home as battery production is stepped up thanks to an investment made under the Made in Australia scheme.

NSW Labor has angered environmental stakeholders by committing to coal for longer than promised in an effort to ensure lights remain on.

Energy experts have called on AMEO to step up the acceleration renewable investment.

Gas prices are 2 percent higher than a year ago.

An energy analyst has warned that mandating by 2030 that 10 percent of the aviation industry’s fuel is from sources such as cooking oil ‘will not end well.’

Australia aims to become a major exporter of biofuels especially because of the country’s comparative advantage to support production of the resource.

The bill boosts protections against appliance bans instituted by regional homeowners associations.

A third of the country is facing an ‘elevated risk of blackouts’ soon, an industry expert said.

The protections include a crackdown on solar imports from Asia and improvements to current tax credits.

A former chief scientific adviser has estimated that costs could reach between £3 and £4 trillion to move to a zero-carbon economy.

Earlier, Tesla and Polestar withdrew from the Federal Chamber of Automotive Industries as the lobby group said the NVES will drive up car prices.

The regulator will establish a credit-trading platform that automakers could use to avoid financial penalties.

The Transport Select Committee has been hearing evidence from experts about why sales of electric vehicles are not meeting government targets.

The Australian government delivered its federal budget on May 14 evening, which outlines the plan for the nation going forward.