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Victoria backs away from renewable transmission projects

Victoria has legislated a target to source 95% of its electricity from renewable energy by 2035. This is one of the most ambitious renewable energy targets in Australia and globally, designed to accelerate the state’s transition away from cheap brown coal to cleaner energy sources such as wind, solar, and storage. The target is embedded The post Victoria backs away from renewable transmission…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

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‘China Shock’ 2.0 fuels EU push for united response to Beijing

Beijing has called for communication and pragmatism after European Commission President Ursula von der Leyen warned of a second “China Shock” that’s damaging key manufacturing industries in the bloc. The term “China shock” originally described the wave of cheap toys, textiles and basic electronics that flooded European markets after China…

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