Lightnews — Scholar-powered news

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 2d

An unusual physical climate risk. A swarm of barrel jellyfish were sucked into the cooling system of Western Europe’s largest nuclear power station, shutting down the plant for 10 days. A marine heatwave had triggered the bloom of the jellyfish. assets.bbhub.io/professional...

assets.bbhub.io

5 3

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 2d

Oil and gas companies will often claim to be partners in the clean energy transition, when it is politically expedient to do so, but new research finds their actual contributions are marginal. www.nature.com/articles/s41...

1 4 10

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 2d

The youngest pension contributors won’t retire for another 50 years. Pension fund managers & long-term asset owners have a fiduciary responsibility to protect the interests of beneficiaries for decades - not least by acting against long-term climate risks. on.ft.com/4q2sxFl

Why pension funds are still pushing for climate action

Long-term asset owners have bucked the financial sector trend of retreat on green goals

on.ft.com

1 8 11

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 2d

The S&P Global Clean Energy Transition Index is outperforming major equity indexes and even gold, as investors respond to soaring demand for renewables needed to power the boom in artificial intelligence.
www.bloomberg.com/news/article...

3 1

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 2d

The cracks in the bridge are appearing.
The LNG market is about to witness its third big wave of increased supply in 20 years. If demand growth is weaker than expected, the only way the market would rebalance is via much lower prices. www.bloomberg.com/opinion/arti...

Liquified Natural Gas Risks Becoming a Bridge to Nowhere

The conventional wisdom says liquified natural gas is the future of energy — bridging the gap between the world abandoning fossil fuels and renewable supplies coming online. But that rosy outlook face...

www.bloomberg.com

4 3

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 2d

“Japan cannot continue to bully us on the issue of gas supply when they take our gas and sell it to other countries and make a profit off it. That’s not fair play.” Ed Husic said. www.theguardian.com/australia-ne...

Australia must ‘have the guts’ to stand up to Japanese companies reselling gas for profit, Husic says

Labor backbencher is calling for drastic intervention to secure supplies for the east coast

www.theguardian.com

5 9

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 3d

TotalEnergies said it will reduce its buybacks from the fourth quarter of this year. BP and Chevron have reduced buybacks this year. Shell has not announced plans for any cuts to its buyback programme. finance.yahoo.com/news/oil-pri...

1

Reposted by Australasian Centre for Corporate Responsibility (ACCR)

Nick Feik @nickfeik.bsky.social · 3d

Just so we’re clear: Labor is choosing to work with the worst possible party on environmental issues, instead of the Greens and teals who actually want environmental regulation.
And Watt is already admitting it won’t have a climate trigger …

Watt nears deal with Coalition to finally overhaul environment laws

Environment Minister Murray Watt will sit down with his Liberal counterpart Angie Bell today, with quiet optimism in both parties that a deal might soon be struck to finally rewrite Australia's "broke...

www.abc.net.au

25 140 300

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 3d

You can read our views on the principles, informed by the best available climate science, to be followed to ensure integrity when using offsets in company transition plans www.accr.org.au/research/inj...

Injecting integrity: aligning the use of offsets in company transition plans with science - ACCR

Principles, informed by the best available climate science, to be followed to ensure integrity when using offsets in company transition plans.

www.accr.org.au

4

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 3d

“We must stop expecting carbon offsetting to work at scale,” said Stephen Lezak, a researcher at the University of Oxford’s Smith School. “We have assessed 25 years of evidence and almost everything up until this point has failed.” www.theguardian.com/environment/...

Carbon offsets fail to cut global heating due to ‘intractable’ systemic problems, study says

Analysis of 25 years of evidence shows most schemes are poor quality and fail to lower emissions

www.theguardian.com

2 4 7

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 3d

Donald Trump has placed dozens of people with ties to the fossil fuel sector in his administration to dictate energy, environment & climate policy, including more than 40 who have directly worked for oil, gas or coal companies, according to a new report. www.theguardian.com/us-news/2025...

More than 40 Trump administration picks tied directly to oil, gas and coal, analysis shows

Report looks at White House nominees and appointees and agencies dictating energy, environment and climate policy

www.theguardian.com

3 1

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 4d

Investors sent a strong signal to Shell that the quality of its disclosures is out of step with the size of its bet on LNG – now it’s time for the company to respond. www.accr.org.au/insights/inv...

1

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 4d

BHP’s strategy chief warned that the “politicisation” of critical minerals is making mining deals more “complicated”, at a time when consolidation in the resources sector is on the upswing. “Some of the very nationalistic tendencies can create friction" on.ft.com/47cb7P8

BHP says growing political interference threatens mining deals

Strategy chief Catherine Raw warns that countries’ push to control their natural resources complicates dealmaking

on.ft.com

1

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 4d

Electricity demand is growing around the world but the growth in solar and wind was so strong it met 100% of the extra electricity demand, even helping drive a slight decline in coal and gas use. www.bbc.com/news/article...

Renewables overtake coal as world's biggest source of electricity

Developing countries lead the historic clean energy charge but the US and EU rely more on fossil fuels than before, a think tank study shows.

www.bbc.com

2 9

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 4d

Prof Christian Downie points to the Business Council of Australia and News Corp newspapers as examples of deliberate obstruction. A playbook honed over decades around the world by fossil fuel interests. www.theguardian.com/australia-ne...

Media and political attacks on Australia’s emissions targets ‘straight out of the climate obstruction playbook’, expert says

Prof Christian Downie points to the Business Council of Australia and News Corp newspapers as examples of deliberate obstruction

www.theguardian.com

7 14

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 4d

Glencore, the Swiss commodities giant in line to receive hundreds of millions of dollars in government handouts for its struggling Mount Isa copper smelter, paid below Australia’s corporate tax rate last year. www.afr.com/companies/mi...

Glencore disclosures raise questions over mining giant’s tax bill

The Swiss commodities giant is in line for up to $600 million in government subsidies to keep its struggling Mount Isa copper smelter in Queensland operating.

www.afr.com

1 3 4

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 4d

BlueScope Steel chief executive Mark Vassella will warn Australia risks repeating the United Kingdom's industrial decline if the federal government fails to fix the gas market. www.abc.net.au/news/2025-10...

Industry warns 'no gas, no future' amid high prices and falling demand

A future made in Australia? Not if gas prices keep rising, major manufacturers warn as they call for urgent action to secure affordable supply.

www.abc.net.au

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 4d

When prices for crude are high, the going is good for the oil and gas industry. Heightened prices give companies a reason to boost their investments in production equipment. When prices fall, the expense of drilling is harder to justify. finance.yahoo.com/news/trumps-...

Trump's economic plans called for more oil drilling and lower gas prices. He's only getting the latter.

Trump wants to see more oil drilling and lower pump prices. So far, he's only getting one of those.

finance.yahoo.com

1

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 4d

Shell has revealed a stronger performance in its oil and gas trading operation but has taken a 600 million US dollar (£446.3 million) hit from stopping a major biofuels project in Rotterdam. www.independent.co.uk/news/busines...

Shell takes £446m impairment from cancelled Dutch biofuels project

It came as the London-listed oil giant revealed a stronger performance in its oil and gas trading operation.

www.independent.co.uk

1

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5d

The Santos Ltd (ASX:STO) share price is down 0.6% since the start of 2025. It's probably worth asking, 'is the STO share price cheap?' www.raskmedia.com.au/2025/10/01/s...

STO and Wesfarmers Ltd: 2 ASX shares to dig into

The Santos Ltd (ASX:STO) share price and Wesfarmers Ltd (ASX:WES) share price are in focus in 2025. Here's how you could put a value on them.

www.raskmedia.com.au

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5d

Increasing interest in climate adaptation is not without its dangers. The division between the priorities of mitigation (reduction of GHG emissions) & adaptation (response to climate change impacts) has encouraged fragmented, zero-sum decision-making www.chathamhouse.org/publications...

Are we ready for life beyond 1.5°C of global warming?

We are on the verge of crossing the threshold set out in the Paris Climate Agreement. David Gunn and Matthew Harris explore the ideas that may help us navigate a world of more frequent and severe clim...

www.chathamhouse.org

1

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5d

Australia is facing a steeper-than-anticipated 25 per cent slump in LNG export earnings by next financial year, dragged down by a slide in crude oil prices and oversupply that is starting to hit global gas markets. www.afr.com/companies/en...

Australia faces 25pc slump in LNG export earnings

New data reveals an $11 billion drop in expected LNG revenue, with gold set to overtake gas as our second most valuable export.

www.afr.com

1

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5d

ACCR, a shareholder group that urged shareholders to reject the climate plan, said the voting result “sends an unambiguous signal to AGL’s board and executives that the company needs to do more to drive the energy transition”. www.afr.com/companies/en...

Cannon-Brookes rejects AGL climate plan, demands faster action

AGL shareholders would benefit from a more ambitious path to renewable energy, said the tech billionaire’s Grok Ventures.

www.afr.com

1

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5d

Shell should explain how its LNG demand projections are constructed based on economic competitiveness. Currently, it is not clear how LNG will be competitive with lower carbon alternatives, given the structurally high prices of LNG. www.accr.org.au/insights/inv...

Investor Bulletin: Enhancing Shell’s LNG disclosures - ACCR

Investors sent a strong signal to Shell that the quality of its disclosures is out of step with the size of its bet on LNG – now it’s time for the company to respond.

www.accr.org.au

1

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5d

“AGL must move quickly to deliver real emissions cuts and a more compelling strategy that seizes the opportunities of the energy transition,” the group’s director, Brynn O’Brien, said. www.smh.com.au/business/com...

Billionaire Mike Cannon-Brookes reignites climate feud with Australia’s biggest emitter

Cannon-Brookes has renewed his push for power giant AGL to do more to combat climate change, rejecting its current plans as dangerously inadequate.

www.smh.com.au

1 3