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Although share prices for most U.S. exploration and production (E&P) companies are at all-time highs, the elephant in the room is an industry financed by the high-yield debt market, better known as “junk bonds.” The S&P says that 75 of the 97 energy E&P companies it rates are below investment grade.
A call for action on developing a holistic approach to solving our country’s energy challenges.
GE A&NZ President and CEO, Steve SargentNow is the right time for the Australian Government to deliver policy clarity and investment certainty for our shared energy future.
The Government has a clear mandate to repeal the carbon tax, but it also has an opportunity to deliver on its plans for an integrated energy policy that considers the full suite of energy solutions including gas, coal, renewables, battery storage and distribution.
Water and energy are the prime factors in a complex calculus that sustains life as we know it. The two are inextricably linked. Water is needed for almost all forms of energy production, and we need energy to treat and transport water. Both are needed to produce food.