Lithium-ion battery pack prices rise for first time since 2010, hurting EVs and storage
8 Dec 2022
Cost pressures are finally being felt in lithium-ion battery prices, which have risen for the first time since 2010 and will set back the anticipated price falls of batteries for EVs and energy storage by two years.
Prices for battery packs are up 7% compared to 2021 to an average $US151 a kilowatt hour (kWh) as the impact of rising raw materials — particularly lithium — and components mean that even cheaper chemistries like lithium iron phosphate (LFP) weren’t able to defray the rise, according to BloombergNEF.
... login or subscribe for full story
Australian farmers face 'new world' of extreme weather as scientists urge action on climate change
Today 11:30am
Scientists and politicians are warning big policy shifts are needed to mitigate extreme weather impacts, following what farmers describe as unprecedented flooding in the New South Wales Hunter and Mid North Coast regions last month.
Australia: Carbon tariff on the table for overseas businesses
Tue 3 Jun 2025
Labor has left the door open to a tax on cement and steel coming in from places not taking sufficient climate action.
Australia lets biggest LNG plant run to 2070 in climate blow
29 May 2025
Australia gave preliminary approval to extend the life of its biggest and oldest liquefied natural gas plant for decades, potentially creating billions of dollars in new drilling opportunities but raising questions about the nation’s climate agenda.
Greenwashing is rife in Australia, but could its days be numbered?
28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Australia: land of drought and flooding rains
27 May 2025
As towns flood on one end of Australia, large areas further south are experiencing their worst drought on record. The people in these regions are preparing for life in a future climate.
Albanese government must redirect Australia’s near $600 per person annual fossil fuel giveaway
26 May 2025
COMMENT: Every Australian unwittingly contributes about $563 each year to subsidise fossil fuels – a staggering number given the urgency of climate action.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Australia is unlikely to hit its renewable energy goal, Wood Mackenzie says
20 May 2025
Australia is set to fall far short of its target of 82% renewable generation by 2030 due to state-level rollbacks, grid connection delays and inadequate investment, consultancy Wood Mackenzie said on Thursday.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
Five huge climate opportunities await the next Australian parliament – and it has the numbers to deliver
12 May 2025
Australians have returned an expanded Labor Party to government alongside a suite of climate-progressive independents. Meanwhile, the Coalition – which promoted nuclear energy and a slower renewables transition – suffered a historic defeat.
