Australia’s power market is changing quickly. In early 2025, over AUD 2.4 billion (USD 1.5 billion) went into large-scale battery energy storage systems (BESS). This was the second-highest quarterly investment ever, just behind the AUD 2.8 billion seen at the end of 2023. The Clean Energy Council’s Quarterly (Q1 2025) Investment report shows that six major projects got funding this year. They added 1.5 GW of storage and 5 gigawatt-hours (GWh) of energy output in only three months. As coal plants shut down and renewable energy increases, investors are focusing on battery systems. These systems stabilize the grid and take…
Author: user
Australian miner, BHP, confirmed its role as a key copper player in FY25. The company hit record production, maintained strong margins, and made strategic investments, even amid economic uncertainty. CEO Mike Henry highlighted safety as a top priority and credited BHP’s resilience and diverse portfolio for its success. Let’s study how copper drove the mining giant’s success. BHP’s Copper Production Surpasses 2 Million Tonnes BHP produced over 2 million tonnes of copper for the first time, a 28% increase over three years. This growth offset lower prices in iron ore and coal, highlighting copper’s importance. Despite lower iron ore and…
The AI race is one of the hottest business wars this decade, with the market expected to be worth $4.8 trillion by 2033. And OpenAI has been a front-runner in the fierce battle, with ChatGPT amassing a staggering 800 million active users, according to CEO Sam Altman. It’s now on the cusp of becoming the world’s most valuable company, with talks to sell $6 billion in shares that would push its valuation to $500 billion—up from its $300 billion appraisal in March after a $40 billion infusion from backers like Microsoft and SoftBank. That leap would see OpenAI overtake Elon…
Image source: Getty Images As a general rule, we prefer to take a long term view on stocks at The Motley Fool UK. That said, not everything we buy will come good. And there’s one FTSE member in my Stocks and Shares ISA that’s done poorly for me in the time that I’ve owned it. Should I stick with it or take the loss? Poor performer The stock in question is actually an investment trust. In theory, this can be a great way of getting exposure to a particular theme without the hassle of needing to find the diamonds in…
Emissions are being cut abroad, but pollution stays at home. Experts in energy management stress that companies need to prove that they cut emissions on their own sites instead of offsetting them elsewhere in the world. Corporate Accountability’s report, released this summer, warned of rising risks for companies that depend solely on carbon offsets to support their sustainability claims, including the risk of court challenges over misleading claims, and growing financial and reputational damage tied to climate-related litigation. In the report, analysts examined 43 of the largest offset projects in the voluntary carbon market, and most were ‘unlikely to deliver the…
raw material and mineral rare earth news Source link
Malay MailRare earth squeeze: China adds imported ore to quota system, tightening supply controlBEIJING, Aug 22 — China, the world’s dominant rare earth supplier, issued today measures to regulate the mining, smelting and separation of the critical….37 minutes ago Source link
The government is intensifying measures to regulate international carbon trading, boosting the country’s participation in global climate initiatives. Source link
(Bloomberg) — Bond investors are heading into Friday’s much-anticipated Jerome Powell speech largely expecting the Federal Reserve chair will indicate policymakers will start cutting interest rates next month. Powell’s speech, slated for 10 a.m. New York time at the central bank’s annual gathering in Jackson Hole, Wyoming, has been the focal point this week, for good reason. In recent years, he has used the occasion to make market-moving policy news, with investors zeroing in on whether the Fed chair pushes back — or not — on the current pricing for rate cuts. Most Read from Bloomberg Interest-rate swaps have retreated…
Photo: Hari Mahidhar, Shutterstock This policy brief analyses draft emissions intensity targets for the iron and steel sector in India, as set out in the recently introduced Carbon Credit Trading Scheme (CCTS), and discusses the implications for the broader trajectory of low-carbon steel policy. The carbon market is one key part of the policy package for low-carbon steel. India’s Carbon Credit Trading Scheme sets mandatory emissions intensity targets for 253 steel units, covering most steel production in the country. Its introduction marks a shift from an efficiency-based to an emissions-intensity-based metric. While a good first step, the reduction targets by…