Western Australia drives Alcoa $US4.1b buy of South32 aluminium business
The US company will have a monopoly over WA bauxite mining and alumina refining, which it plans to operate for 40 years.
Plans are underway for a $1B 20km-long wind farm 5km off the coast between Myalup and Preston Beach in WA's South West.
Cheaper solar power making green hydrogen production competitive in many countries by 2030 in a boon for use in Australia but a hurdle for dreams of a huge export market.
Investors in Australia's offshore oil and gas industry will find it harder to avoid paying to clean up the assets they profited from under draft legislation released today.
South West WA's power system may get two $100M big batteries to help handle rooftop solar growth with Alinta planning an investment at its Wagerup power station.
WA's industrial greenhouse gas emissions are dominated by four products and a handful of companies, including a few that have managed to keep a low profile in the climate wars.
The cost of storing CO2 produced when hydrogen is made from coal or gas will likely make blue hydrogen uncompetitive against green hydrogen made with renewable electricity, ANU scientists conclude.
Global warming can be limited to 1.5°C with commitments now to significant emissions reductions this decade, and in a circular logic, those commitments need faith that climate change can be tamed.
Emissions are on track to near 3℃ warming by 2100 that would give future Australians a seriously degraded life, according to the Australian Academy of Science, but strong action this decade can produce a better future.
Shell's accountants predict the Dutch giant will never pay Australia for gas consumed at the Gorgon and Prelude LNG projects that it can sell for up to about $4 billion a year.
The world does not have room to plant enough trees to provide "right to pollute" offsets for companies claiming net-zero by 2050 and more actual reductions in emissions are required.
Most big WA carbon polluters including Chevron, Adbri, South32 and Woodside are wanting on emissions reduction targets, strategy and cash, according to benchmarking for the world's biggest investors.
The next Woodside chief executive will be the first to decide what to do apart from gas. Low-profile BHP Petroleum head Geraldine Slattery is a lead contender to take charge of this pivotal WA company.
All the info and a bit of comment on WA energy, industry and climate every Friday