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Renew Economy Thursday, April 27, 2017 - 16:25 Source

Victoria government wants two 20MW battery storage installations, with 100MWh of storage, in place by January.

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Renew Economy Thursday, April 27, 2017 - 16:25 Source

Victoria government wants two 20MW battery storage installations, with 100MWh of storage, in place by January.

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George Monbiot Thursday, April 27, 2017 - 15:46 Source

I would rather live with Jeremy Corbyn’s gentle dithering than Theresa May’s brutal efficiency

By George Monbiot, published in The Guardian, 26th April 2017

Where are the nosepegs this time? Those who tolerated anything the Labour Party did under Blair tolerate nothing under Corbyn. Those who insisted that we should vote Labour at any cost – with a handy peg to exclude the stench of rotting corpses in Iraq – turn their backs as it seeks to recover its principles.

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George Monbiot Thursday, April 27, 2017 - 15:30 Source

A note on the poison gas attack at Khan Sheikhoun, Syria

By George Monbiot, published on monbiot.com, 27th April 2017

There’s an element on the left that seems determined to produce a mirror image of the Washington Consensus. Just as the billionaire press and Western governments downplay and deny the crimes of their allies, so this element downplays and denies the crimes of the West’s official enemies.

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John Quiggin Thursday, April 27, 2017 - 15:16 Source

Looking at the Turnbull government’s move to limit gas exports, I can’t do better than quote Bernard Keane in Crikey (paywalled, but here’s the bit that matters)

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Renew Economy Thursday, April 27, 2017 - 15:07 Source

At its Annual General Meeting on 4 May, Santos will be subject to a vote on a shareholder resolution that seeks improved disclosure of climate risks.

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Renew Economy Thursday, April 27, 2017 - 15:04 Source

Turnbull's intervention in gas market may guarantee supply, but is unlikely to relieve prices. LNG producers, and Santos in particular, still have a big problem.

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MacroBusiness Thursday, April 27, 2017 - 14:40 Source

Cross-posted from The Conversation: Almost 20 years after the 30% subsidy for private health insurance was introduced, premiums continue to rise every year. This comes at a cost to the federal budget – which was forecast at A$6.5 billion in the 2016 federal budget from the subsidy alone. Meanwhile, consumers continue to view private health

The post The private health insurance subsidy isn’t worth it appeared first on MacroBusiness.

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Your Democracy Thursday, April 27, 2017 - 14:36 Source

 

threat...

The UK, which recently said it could launch a preemptive nuclear strike “in the most extreme circumstances,” runs the risk of being “wiped off the face of the Earth,” the deputy head of a Russian upper house committee said

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Renew Economy Thursday, April 27, 2017 - 14:27 Source

The way electricity prices were set in the wholesale market has changed dramatically in just one year. So, who's playing games with their gas and hydro power?

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Renew Economy Thursday, April 27, 2017 - 14:16 Source

PM suggests public money could be used to subsidise gas pipelines in northern Australia, as well as underwriting rail plans of Indian coal giant Adani.

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Renew Economy Thursday, April 27, 2017 - 14:14 Source

Despite the climate-denying Trump Administration, and populist movements across the world, Michael Liebreich gave plenty of reasons to be optimistic about future of wind, solar and Evs.

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Renew Economy Thursday, April 27, 2017 - 14:14 Source

Despite the climate-denying Trump Administration, and populist movements across the world, Michael Liebreich gave plenty of reasons to be optimistic about future of wind, solar and Evs.

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MacroBusiness Thursday, April 27, 2017 - 14:03 Source

By Leith van Onselen The ABS’ latest CPI data showed that housing rents nationally have registered zero growth in inflation-adjusted terms over the past five years (see my earlier post): Despite this, the number of affordable rental properties is at all-time lows according to a Anglicare’s latest Rental Affordability Snapshot. From The ABC: Each year

The post Despite falling rents, affordable rentals at all-time lows appeared first on MacroBusiness.

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Renew Economy Thursday, April 27, 2017 - 13:37 Source

Minister for Local Government Natalie Hutchins has announced $33,200 for a program led by Nillumbik Shire
Council to develop a plan for more environmentally friendly vehicle fleets.

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Renew Economy Thursday, April 27, 2017 - 13:37 Source

Minister for Local Government Natalie Hutchins has announced $33,200 for a program led by Nillumbik Shire
Council to develop a plan for more environmentally friendly vehicle fleets.

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Renew Economy Thursday, April 27, 2017 - 13:20 Source

If the world is to decarbonise, Australia's key trading partners of ours must be part of that shift. That means zero emissions hydrogen fuels - powered by wind and solar - replacing coal and gas exports.

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Renew Economy Thursday, April 27, 2017 - 13:15 Source

Solar power capacity has reached 6GW in Australia, but it is just the start - with numbers expected to double by 2020 and rise ten fold by 2040 as solar becomes the dominant provider of electricity in Australia - and potentially an export fuel as well.

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Renew Economy Thursday, April 27, 2017 - 13:15 Source

Solar power capacity has reached 6GW in Australia, but it is just the start, with numbers expected to double by 2020 and rise ten-fold by 2040 as solar becomes the dominant provider of electricity in Australia – and potentially an export fuel as well.

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MacroBusiness Thursday, April 27, 2017 - 13:14 Source

By Leith van Onselen The immigration-driven population boom in Sydney – which has added 830,000 people (20%) to Sydney’s population over the past 12 years and is projected to increase Sydney’s population by 87,000 people a year (1.74 million in total) over the next 20 years – is the gift that keeps on giving. Back

The post Population ponzi demands massive Sydney schools investment appeared first on MacroBusiness.

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MacroBusiness Thursday, April 27, 2017 - 12:51 Source

Iron ore and coking coal are flat through the day: Big Iron is down a bit: Big Gas is burning with STO -7% and ORG -4%: A little relief today for big gas users: Big Gold is flying except NCM which reported being thumped by, you guessed it, Big Gas: Big Debt is rising…because it’s

The post Big Gas burns appeared first on MacroBusiness.

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MacroBusiness Thursday, April 27, 2017 - 12:27 Source

APPEA pooing its pants as Australia joins every other gas exporter on earth in having a domestic reservation policy: Gas export controls announced today by the Commonwealth are a short-term measure that risk exacerbating tight market conditions unless accompanied by genuine reforms. “Restricting exports is almost unprecedented for Australia,” said APPEA Chief Executive Malcolm Roberts. “At

The post Gas lobby soils self as Straya joins every gas exporter on earth appeared first on MacroBusiness.

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MacroBusiness Thursday, April 27, 2017 - 11:51 Source

Poor young Australia. Via Essential, Do-nothing Malcolm’s visa changes have not moved the needle: Even though support is good: But note the youth results. Strongest in favour of immigration and protecting visa rorts, even as they play a major role is their own disenfranchisement. Exemplary global citizens suffering for their values.

The post Youth paralysis: Caught between houses and migrants appeared first on MacroBusiness.

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MacroBusiness Thursday, April 27, 2017 - 11:51 Source

By Leith van Onselen The Australian Bureau of Statistics (ABS) has released export and import prices for the March quarter, which portends another much-needed increase in Australia’s terms-of-trade when the national accounts are released in early June. According to the ABS, export prices surged by 9.4% over the March quarter and were up by 29.1%

The post Import, export prices signal another big terms-of-trade rise appeared first on MacroBusiness.

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MacroBusiness Thursday, April 27, 2017 - 11:12 Source

Care of Elliott Clarke at Westpac: Ever since the GFC (if not many years before), financial conditions and taxation in the US has favoured wealthy households. On financial conditions: the ownership of property is heavily skewed towards the wealthy; the same can be said of stock holdings, both those held directly (which depend on existing

The post Trump’s tax plan fail: More for the rich appeared first on MacroBusiness.

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MacroBusiness Thursday, April 27, 2017 - 11:06 Source

By Leith van Onselen NSW Premier, Gladys Berejiklian, has come out against the proposal to build a high speed train line between Sydney and Melbourne, citing doubts about the cost and benefits of a very fast train service. From The Australian: NSW Premier Gladys Berejiklian is known to be sceptical despite claims by one interested

The post NSW Government cold on high speed rail appeared first on MacroBusiness.

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MacroBusiness Thursday, April 27, 2017 - 10:57 Source

From STO this morning: Surely management expected something of this nature and has a plan? Down 6% today and back at 198o prices… Why was anyone buying this thing beforehand?

The post Confused Santos crashes appeared first on MacroBusiness.

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MacroBusiness Thursday, April 27, 2017 - 10:36 Source

Via The Australian: Malcolm Turnbull has promised manufacturers the price they pay for gas will halve as he intervenes in the market and imposes tough export controls to ensure Australian businesses, families, employers and industry receive guaranteed and affordable supplies. The Prime Minister said 65,000 jobs reliant on gas were at risk until action was

The post Do-nothing Malcolm: Gas price to halve appeared first on MacroBusiness.

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MacroBusiness Thursday, April 27, 2017 - 10:14 Source

By Leith van Onselen ABC’s 7.30 Report last night ran a depressing segment on the Western Australian economic/property crash. The segment features a project engineer named Brad Wright, who has seen his income slashed and has lost a tonne of money in investment properties: BRAD WRIGHT, PROJECT ENGINEER: People have had their income slashed to

The post ABC does the WA economic/property bust appeared first on MacroBusiness.

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MacroBusiness Thursday, April 27, 2017 - 10:08 Source

Well done gas cartel: Fears about rising energy prices have driven consumers and businesses to install solar panels at the fastest rate in at least a decade, lifting total national capacity to the equivalent of powering a city the size of Melbourne. New figures from the Australian Photovoltaic Institute show the country has passed 6 gigawatts of solar

The post Rooftop solar rockets as gas prices itself out appeared first on MacroBusiness.

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