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Mike Cannon-Brookes lodges AGL takeover bid to ‘accelerate coal exit’

February 20, 2022

Tech billionaire Mike Cannon-Brookes has teamed up with international fund manager Brookfield to launch an audacious takeover bid for Australian energy giant AGL with the intention of setting stronger emissions-reduction targets and forcing the early closures of its remaining coal-fired power stations.

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Idemitsu's big plans for Muswellbrook

October 26, 2021

For more than a century, Muswellbrook Coal Mine has been the source of millions of tonnes of fuel for the world's coal-fired power stations. That legacy will end next year when the mine comes to the end of its working life, resulting in the...

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TransGrid predicts early coal closures

October 13, 2021

Australia’s fleet of coal-fired power stations face early closure due to rampant growth in renewables in a fast-paced move that piles pressure on achieving an orderly transition to clean energy, a blueprint by transmission giant TransGrid shows.

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Xi pledges to stop building coal-fired plants outside China

September 22, 2021

In a move designed to bolster Beijing’s climate credentials, President Xi Jinping of China said on Tuesday (Wednesday AEST) that his country would stop building coal-burning power plants overseas, ending its support for construction projects that rely on the world’s dirtiest fossil fuel.

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Coal companies allowed to delay environmental offsets on NSW mines for up to 10 years

September 08, 2021

Exclusive: At least nine mines have received special permission from regulators allowing them to avoid penalties. Promised environmental offsets for new and expanded coalmines in New South Wales have been delayed for years because governments have allowed companies to push back deadlines for protecting sites for conservation....

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Tomago Aluminium to go green

August 11, 2021

The country’s biggest electricity user is aiming to switch to a predominantly renewable power supply in 2029 in a groundbreaking move that would dramatically reduce the carbon footprint of one of NSW’s largest carbon emitters.

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Two in three coal jobs to go in the next 30 years

July 26, 2021

The global move away from fossil fuels will cost two in three workers their jobs across regions such as the Hunter Valley and central Queensland over the next three decades, according to a report that argues the impact will be even worse without investor support for...

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