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BHP (BHP) said it is on track to deliver its 2030 target of at least a 30% reduction in its operational emissions from 2020 levels, but its path to achieving net-zero will be "non-linear."
âNow is the momentâ: Business Summit energised by change
The Australian Financial Review Business Summit captured a corporate sector energised by the nationâs success in dealing with the pandemic and determined to use it as a burning platform for change.Â
A big crowd greets Prime Minister Scott Morrison at the Financial Review Business Summit. Â
Louie Douvis
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The buzz was unmistakable.
You could sense it in the registration line and the coffee queue. You could feel it in the enthusiastic greetings and broad smiles. You could see it in the 300 eager faces packed into the ballroom of Sydneyâs Hilton Hotel, waiting for Prime Minister Scott Morrison to kick off The Australian Financial Review Business Summit.
Early Yallourn power station closure sets the pace for ASX energy sector shakeup
Mitchell Lawler | March 10, 2021 5:29pm |
More on: Image source: Getty Images
Energy Australia has announced today that it will bring forward the closure of its Yallourn coal-fired power station in Victoria by 4 years. Therefore, operations will cease in mid-2028, instead of the previous 2032 target.
The decision set the tone for the
Origin Energy Ltd(ASX: ORG)’s CEO Frank Calabria; and
BHP Group Ltd(ASX: BHP)’s head of carbon management, sustainability, and climate change, Graham Winkelman.
Green future is desired, but the path there is complex
It is a fine balance, trying to walk the tight rope of supply and demand while also transitioning to renewables. The difficulty is further compounded by the government’s hand in the markets.