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Ding, Dong, AGL’s Demerger Is Dead – Now Ditch The Dud Leadership
Energy giant AGL, Australia’s biggest climate polluter, has ditched its planned demerger, which Greenpeace Australia Pacific has labelled “one of the most bungled and misguided attempts at a corporate restructure in Australian history. Glenn Walker, senior campaigner at Greenpeace Australia Pacific, said that the failure of AGL’s demerger is representative of the failure of vision…
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Labor Government’s 2030 Renewables Target Renders AGL’s Demerger A Dead Duck
Labor’s victory and the overwhelming vote for climate-focused candidates marks the death knell for AGL’s proposed demerger, Greenpeace Australia Pacific says. The incoming government's Powering Australia policy [1] is to ensure renewables will make up 82 per cent of the National Electricity Market (NEM) by 2030, which closely aligns with AEMO’s industry-backed step change scenario…
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‘The Memory Of A Goldfish And The Agility Of An Elephant’, AGL’s Claims Out Of Step With Market
Claims made today by AGL, Australia’s biggest climate polluter, that ending coal generation by 2030 is an ‘engineering impossibility’ are a clear demonstration of the failure of the company’s leadership and inability to keep pace with the changes underway in the energy market, Greenpeace Australia Pacific says. As AGL limps towards its proposed demerger amongst…
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Demerger Documents ‘The Height Of Greenwashing’ As Both AGL And Accel Set To Breach Paris Climate Targets
Documents released today by AGL, Australia’s biggest climate polluter, outlining the details of its proposed demerger cement the company’s environmentally and financially ruinous path, revealing that both entities will breach Paris-aligned climate targets and slow the global energy transition, Greenpeace Australia Pacific says.
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AGL’s Massive $73M Profit Hit Yet Another Domino Falling In Dodgy Demerger Strategy
AGL, Australia’s biggest climate polluter, today admitted its profits could take a $73 million hit following the breakdown of a major unit at its Loy Yang A coal-burning power station - the latest stumble in the inevitable domino effect of its financial and environmental failure, Greenpeace Australia Pacific says. AGL’s Loy Yang A in Victoria’s…
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Greenpeace dumps giant inflatable coal at AGL HQ as new research reveals over half of Aussies would switch off a dirty electricity provider
MELBOURNE, March 28 2022 – Greenpeace Australia Pacific today fronted up at Australia’s biggest climate polluter, AGL’s HQ with a giant inflatable coal to send the message that their climate pollution is too big to hide, as new research shows more than half of Australians would switch off a large polluting electricity provider.Climate activists and…
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Renewable energy hits annual record, AGL fails to read market and falls rapidly behind
SYDNEY, March 11 2022 – New data revealing renewable energy hit an annual high in 2021 is yet another indication of AGL’s ideological obsession with coal in the face of mountains of evidence that the market is rapidly transitioning away from fossil fuels, Greenpeace Australia Pacific says.Renewable energy delivered 32.2 per cent of the electricity…
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Victorian government’s renewable targets show AGL falls behind the winds of change
SYDNEY, March 4 2022 – The Victoria Government’s announcement of ambitious new offshore wind targets is yet further evidence that AGL’s flimsy excuses for the continued operation of dirty coal-burning power stations, including Loy Yang A, are falling apart, Greenpeace Australia Pacific says.The announcement, which looks to develop 2GW of offshore wind by 2032, 4GW…
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Renewables on track to replace almost 80% of coal by 2030, coal barons that don’t act in line are ‘downright stupid’
SYDNEY, Dec 10 2021: Big energy companies and governments must urgently plan for the early closure of Australia’s coal-burning power stations under the Australian Energy Market Operator’s (AEMO) draft Integrated System Plan (ISP) released today [1], says Greenpeace Australia Pacific.Under AEMO’s “Step Change” scenario, all of Victoria’s brown coal power stations and two-thirds of all…
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REPORT: Scenarios for the Replacement of the Liddell Power Station
The cheapest and lowest emissions option to replace the Liddell coal-burning power station in the New South Wales Hunter Valley is clean energy backed up by batteries, according to a…