Woodside sold the project to an insubstantial company to avoid a few hundred million in decommissioning costs: now it and its competitors will pay the price.
WA Premier Mark McGowan warned Alcoa to lift its game or face curtailed mining, but his successor Roger Cook slashed water supply protections after a possibly empty threat from the US miner.
Chevron slashes more than $US20 billion off its five-year spend due to lower demand and prices for fossil fuels but allocates just 2% of its 2022 budget to the energy transition.
Gorgon LNG has emitted 7 million tonnes of climate-warming CO2 more than permitted but Chevron is unlikely to suffer at the hands of lax Australian governments.
Independent MP Zali Steggall's climate change bill aims to take the short term politics out of climate change at the national level and replace it with science, economics and certainty.
When a Biden-led USA rejoins the Paris Agreement and takes strong climate action Scott Morrison will have few international allies for his stubborn idleness.
South Korea, Japan and China's tightened climate goals will crunch Australian thermal coal, make LNG investments harder and possibly kill Santos' Barossa LNG project.
The giant $50B Asian Renewable Energy Hub proposed for WA's Pilbara has upsized and switched from providing power to make green ammonia, in Australia's most ambitious hydrogen play.
Prospects for LNG are under a shadow if Paris Agreement emissions cuts are pursued, according to the IEA, leaving Woodside and Santos in a very dark place.
China's surprise commitment to net-zero emissions by 2060 presents problems and opportunities for Australian exports and increased pressure to get real about emissions reduction.
