News

Victoria cannot rely on pulling more gas from Queensland to shore up an energy system pushed to the edge by a cascading set of breakdowns and concerns over the reliability of renewables, with the pipeline flowing south already at full capacity.

A Commonwealth review of three major policies that regulate the east coast gas market will consider any impact to Australia’s reputation as an investment destination while leaving the door open to unspecified government “initiatives” to boost domestic supply.

Britain’s Labour government has agreed to take a £17.8bn ($36.9bn) stake in building a nuclear power plant as fears rise that the country’s rush to build wind and solar farms is leaving the grid vulnerable to outages.

Shares of Lynas Rare Earths soared nearly 13% on Thursday to their strongest level in more than two years amid concerns over China’s export controls on rare earth elements.

Since early April, China has stopped almost all shipments of critical minerals that are needed for cars, robots, wind turbines, jet fighters and other technologies.

Article by Matthew Cranston, courtesy of  The Australian 03.06.2025 Climate Change and Energy Minister Chris Bowen in Perth on Tuesday. Picture: Getty Images Federal government spending on climate change and net-zero policies

From the beaches and red dust to the warm-hearted people, prominent Sandgropers tell us why they love WA.

The total cost to households and businesses for the upgrade to Victoria’s electricity grid, required to support the shift to renewable energy, will be more than four times the $4.3 billion figure set out in a transition road map unveiled last month.

The Energy Department is canceling some $3.7 billion in government support for clean energy projects it said did not warrant continued backing from the Trump administration.

BHP says Chinese blast furnaces have a long way to run, and unveiled a big breakthrough with Baowu. If BHP is right, the Pilbara golden goose will be just fine, countering Andrew Forrest’s claim the region risks becoming a wasteland.

Jim Chalmers’ hopes of a recovery in the business sector have been dealt a blow after private investment recorded its biggest annual contraction since 2020, in a shock to economists.

The Minerals Council of Australia says the nation’s industrial relations laws and the rise of union power are incompatible with federal Labor’s new-found focus on productivity.