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Could the anti-woke movement take hold in Australia?

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
Industry leaders have delivered a stark warning to Australian companies and government to ensure that workers are not left behind in a just transition to net zero - or risk the kind of political polarisation and populism that has given rise to the "anti-woke" ...

No room for complacency for Australia as a renewable energy superpower

RACHEL ALEMBAKIS  |  THURSDAY, 11 MAY 2023  |  NEWS
Australia has "no room for complacency" if it wants to become a renewable energy superpower, according to a new report from EY's Net Zero Centre. EY has published Seizing Australia's energy superpower opportunities, the latest report from EY's ...

Renewable energy, climate in spotlight in Federal Budget

RACHEL ALEMBAKIS  |  TUESDAY, 9 MAY 2023  |  NEWS
The transition to a renewable energy future was a central part of the Federal Budget unveiled by Treasurer Jim Chalmers on Tuesday night. In addition to action on climate, the Budget also included an $8 million allocation to establish a federal government ...

CEFC invests $80m in Pacific Equity Partners fund

RACHEL ALEMBAKIS  |  TUESDAY, 9 MAY 2023  |  NEWS
The Clean Energy Finance Corporation (CEFC) has allocated up to $80 million into a private equity strategy that will focus on decarbonisation across Australian mid-market infrastructure. The CEFC has invested in the $1.4 billion Pacific Equity Partners ...

Companies urged to act on greenwashing ahead of new ISSB framework

ROSE MARY PETRASS  |  TUESDAY, 9 MAY 2023  |  NEWS
Companies are warned to stay ahead of the Australian Competition and Consumer Commission's (ACCC) crackdown on greenwashing and the forthcoming release of the new International Sustainability Standards Board (ISSB) standards that will be released in ...

Labor's five step plan for biodiversity

ROSE MARY PETRASS  |  TUESDAY, 9 MAY 2023  |  NEWS
Federal environment minister Tanya Plibersek and NSW environment minister Penny Sharpe spoke for the first time together on stage at the Nature Conservation Council of NSW's Business Breakfast on Monday, ahead of the 2023 Budget announcement this ...

Investors welcome New National Net Zero Authority

ROSE MARY PETRASS  |  FRIDAY, 5 MAY 2023  |  NEWS
The Australian Government has announced a National Net Zero Authority tasked with managing the energy transition and ensuring the workers, industries and communities are supported. Climate Change and Energy Minister Chris Bowen made the announcement ...

Government advisors call for investment in circular economy

ROSE MARY PETRASS  |  FRIDAY, 5 MAY 2023  |  NEWS
The concept of a circular economy presents both risks and rewards for investors in the transition to a sustainable, low carbon economy. At the Australian Council of Superannuation Investors' annual conference in Sydney, advisory members of the Circular ...

Just transition: a fair go for fossil-fuel workers

ROSE MARY PETRASS  |  THURSDAY, 4 MAY 2023  |  NEWS
Without a proper roadmap from government and implementation by businesses, workers risk being left behind in the transition to clean energy, and companies could be exposed to significant risk. Australia's oldest power plant, AGL's Liddell power ...

ASIC fines Future Super over greenwashing Facebook post

RACHEL ALEMBAKIS  |  TUESDAY, 2 MAY 2023  |  NEWS
ASIC has issued an infringement notice against Future Super for allegations of greenwashing over a 2019 Facebook post that garnered fewer than 30 views. In May 2019, Future Super put up a post that included the statement "Naysayers don't join together ...