We conduct public interest financial analysis on the most profound economic transformation since the industrial revolution: the transition from fossil fuels to clean energy.

The Prime Minister has spent much of the day trying to guarantee the future of Australia’s critically important exports to China’s steel industry, wrapping up a high-level roundtable on green steel in Shanghai. Australian coal and iron ore exports have fuelled China’s construction boom and underwritten Australian prosperity for years, pouring hundreds of billions of dollars into the budget. But as China’s steel industry moves to decarbonise — as well as diversifying its imports and winding down production — Australia’s long resources boom faces an uncertain future. Read more

Caroline Wang from Clean Energy Finance, a think tank, highlighted that China leads the world by a “staggering margin” when it comes to many energy transition sectors, such as electric vehicles and solar panels. She told the Australian Broadcasting Corporation that for Australia to meet its emission reduction targets and build a green industrial capacity, China will be an essential partner as Australia needs access to Chinese technology and Chinese industrial capability. Read more

Highlights Our first highlight – the Capacity Investment Scheme. South Australia’s high RE % record Green Steel subsidies from South Korea US invests MP Materials a US Rare Earths materials Read more