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Australia: Coalition still counting Abbott-era 'savings', but renewable grants roll on

2016-03-24 07:54:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Turnbull government is continuing to claim $1.3bn in Abbott-era savings from renewable energy grants even though the cuts have not been and may not be legislated, and in the meantime the agency responsible for them is required to continue spending the money. The clean energy industry has largely welcomed an announcement by the prime minister this week that he would keep the Clean Energy Finance Corporation which the Abbott government had sought to close and retain in name but change the...

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Australia launches $762m fund to invest in renewable technologies

2016-03-24 01:00:00| Power Technology

The Australian Government has launched the A$1bn ($762m) Clean Energy Innovation Fund (CEIF) to invest in clean and renewable technologies for commercial deployment.

Tags: australia technologies fund invest

 
 

Murdoch May Get Boost in Pay-TV Battle With Netflix in Australia

2016-03-23 16:06:01| Telecom - Topix.net

A plan by billionaire Rupert Murdoch's News Corp. to gain control of Australia's largest pay-television provider would give the company a freer hand to accelerate price cuts and buy new shows to compete with Netflix Inc. News Corp. and Telstra Corp., the joint owners of pay-television service Foxtel, are considering a deal that would reduce Telstra's stake in the venture and take News Corp.'s to 51 percent, according to people with knowledge of the matter. As part of the proposed deal, News Corp. would inject its Fox Sports Australia business, a local unit for sports content, into Foxtel and the business may then be publicly listed, said the people, asking not to be identified as the talks are private.

Tags: in australia battle boost

 

Woodside halts $40bn Browse FLNG development in Australia due to weak oil prices

2016-03-23 01:00:00| Offshore Technology

Woodside Petroleum has decided to put its $40bn Browse floating liquefied natural gas (FLNG) development in offshore Western Australia on hold due to low oil prices.

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Australia: Climate Council call for action against global warming amid record-breaking March heat

2016-03-21 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

AAP: AUSTRALIAS record-breaking autumn heat is just a taste of whats to come if we continue to lag behind global powers who are moving away from fossil fuels to combat climate change. Environmental experts have warned Australia will continue to experience record-breaking heat and extreme weather in the wake of a damning report that reveals a notable climb in average temperatures across the country at the start of March. Maximum temperatures in the first four days of this month were four degrees above...

Tags: call action march global

 

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