An EY report for institutional investors says Australia must lift Safeguard Mechanism emission decline rates from 3.3% to 7%, adding 15 Mt of cuts and expanding carbon compliance to hundreds more firms.
Source: canberratimes.com.au · irrigator.com.au
Australian regulations will require AI-powered data centres to offset energy consumption with new renewable generation, building on PM Albanese’s AI rules shake-up. The move aims to manage AI’s growing electricity demand without raising consumer power bills.
Australia’s energy ministers agree to mandate large data centres to invest in additional renewable generation, with all but Queensland and NT on board. The policy aims to prevent power price hikes and accelerate the clean energy transition, drawing praise from climate groups who urge strict compliance deadlines.
Source: Jennifer Dudley-Nicholson (au) · goulburnpost.com.au