Origin exits hydrogen in latest blow to Labor’s net zero targets
Australia has lost an election cycle worth of good energy and industrial policymaking after Labor fell for the Fortescue fuelled fantasy of green hydrogen
“The announcement is further evidence that green hydrogen economics are unviable, and the Federal Government has been backing a losing horse on this. It is further proof that hydrogen wont come to save Australia’s manufacturing jobs as many have promised, and Australia needs to urgently invest in gas to keep thousands of @AWUnion workers’ jobs safe.”
https://t.co/uA9eaCBhn1 via @australian
Major plastics maker Qenos is quietly preparing plans to close its Australian manufacturing plants by the end of the year, sources say, in what would be a major blow to the manufacturing sector and would put hundreds of jobs at risk. @australian https://t.co/kJEGCrbKwd
It was a pleasure to be a guest on the Money Cafe podcast to talk about my new book called “The Fortune Tellers”. Thanks heaps to James Kirby for the invitation.
https://t.co/CKuW6Bjgv6
What’s a $3bn order book worth in today’s contracting environment? About $500k in cash, apparently…
Clough finally gets a company saving deal done with Italy’s Webuild (with @perrybwilliams):
https://t.co/XYPQuVHdY2
Australia faces a new cost-of-living shock, with power prices forecast to soar by at least 35 per cent in 2023 as the early closure of coal-fired electricity generators creates a rocky energy transition. @perrybwilliams#auspol https://t.co/bdHc7OuaBs
New from me and @perrybwilliams -
Another coal unit down as major manufacturers told to curtail energy use.
Gonna be a long winter in the energy front.
https://t.co/midLuYf4j3