President Biden's carbon tariff plan is aimed at China but Australian exporters will be collateral damage unless the Federal Government adopts real measures to achieve net-zero emissions by 2050.
ENI's plan to sell out of Australia and leave offshore decommissioning liabilities to others has struck trouble from regulator NOPSEMA and new Government policy proposals.
The Government will spend $130 million to look after the Northern Endeavour in 2021 and has the oil and gas industry in its sights for the total bill of more than half a billion dollars.
The Northern Endeavour saga gets murkier: court battles, Cabinet confidentiality, unspecified environmental problems and maybe a hefty bill for big oil and gas.
Resources Minister Keith Pitt plans to stop big oil companies passing on decommissioning liabilities and make them contribute to the Northern Endeavour decommissioning bill.
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.
The effect of BP closing its Kwinana oil refinery after 65 years will be felt far and wide in the WA economy - especially among workers and other industries, but BP will do just fine.
The Government has 'screwed up' with the Northern Endeavour oil vessel says Sen. Rex Patrick and the loophole that might cost $370 million remains five years after it was spotted.
The burden on taxpayers from the failed Northern Endeavour vessel continues to grow - $10M in one month - while the Government decides what to do next.
A budget for a gas-led recovery is delaying inevitable and necessary change. Eventually, Australia will be forced to catch up to the EU, China and a post-Trump USA.
The Northern Endeavor mess started with Woodside paying to rid itself of a rusty ageing asset, ended with a $362 million liability for the Government and in between was a regulatory shambles.
