WA 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.
It will cost $76 billion to clean up after Australia's oil and gas industry, with a good chunk to be borne by taxpayers, and no one is in a hurry to start the work.
In a decade hydrogen made with renewable power may be cheaper than making it from gas and offsetting the emissions according to an independent expert analysis but Woodside thinks gas has 30 years left.
If Scarborough, considered the most economic of Woodside's two projects, was uncompetitive before LNG prices crashed then plans will have to change on the Burrup Peninsula.
Green steel made with renewable hydrogen could produce 25,000 Australian jobs but the Pilbara's iron ore would be shipped east to avoid high labour costs.
A debt of $165 million and unpaid employees can be added to a massive decommissioning liability as the cost of Northern Endeavour's short life after Woodside.
BP has joined Yara in looking at huge projects to unlock WA's vast solar and wind resources to replace gas in the production of ammonia.
Pacific Energy has bought into the standalone power systems market that is growing as Western Power shrinks its transmission network to save cost and increase reliability.
The WA Government expects no new coal or gas-fired power generation in the South-West will ever be built but those looking for clues to the future of Collie’s existing coal-fired power stations will have to wait for a plan to be released later this year.
A $22B wind and solar project to power the Pilbara and Indonesia that will take 3000 workers a decade to build was approved by the WA environmental regulator today.
Woodside is struggling to portray itself as both green and gassy with mixed messages about carbon emissions, the threat from renewables and why all the way with LNG is a sound long term strategy.
Shell has excluded a vast amount of the oil and gas it sells from its new aim to have net-zero emissions from the manufacture of its products by 2050.
New WA projects will need to publish plans for net-zero emissions by 2050 as the WA Environmental Protection Authority ends a year-long battle with LNG industry.
All the info and a bit of comment on WA energy, industry and climate every Friday