Point Crib News Today

22 April 2021 AGL Energy CEO Brett Redman has announced he is stepping down immediately, just weeks after announcing new plans to split the assets of Australia’s biggest coal generator, and the country’s biggest emitter, in two. In a statement to the ASX on Thursday, AGL said that Redman made the unexpected decision to step down from the CEO and managing director roles after informing the board that he believed he could not make a long term commitment to the company after announcing the pro...

8 February 2021 Plans to construct a new gas import terminal on the Victorian coast have encountered an unexpected source of opposition, with the state’s Liberal National Party announcing it would not support the development of the Crib Point gas terminal. The controversial Crib Point gas terminal is being proposed by AGL Energy, as part of a plan to bring up to 160 petajoules of natural gas each year into the Victorian gas market. The import terminal, which would be constructed on the Victor...