AGL - orig. The Australian Gas Light Co. Now one of Aussies biggest energy providers

[huxley]

Brookfield have accumulated a small stake (under 5%) so they must still be interested, they recently raised USD $15B in a green transition fund which is focusing on opportunities like AGL. AGL say they are not wanted to see any offer around $8.25 as they see the SP as depressed..

I have a small stake in AGL, interesting to see how this one plays out. Company update on strategy in August.

https://finance.yahoo.com/news/canad...001126386.html

[Aaron]

Australia looking at higher energy prices. AGL greeny takes charge.

https://www.abc.net.au/news/2022-10-...ergy/101580884

I can't understand govts (voters) they want to fight climate change and reduce CO2 emissions but if you suggest they should pay more for energy you get Labour dropping the tax on petrol, Liz Truss printing billions to cap everyones power bill and Australia now looking at handouts.

If you want people to use less fossil fuels raise the price, it will work every time.

I have been reading about a lack of investment in fossil fuels, (think Labour banning further exploration in NZ) and how we might hit a point where the depletion of cheap fossil fuel energy has not been replaced by renewable energy and because it takes so long to get the coal or oil out of the ground we have the potential for energy shortages. Too big of an issue to know the truth but interesting none the less.

I don't imagine the climate activists will be offering to cover some of the additional energy costs to save the planet. They will be whining along with the rest of the voting public so you will end up with these stupid govt (voter) responses.

The price cap in the UK had the potential to increase energy consumption as once you reached the cap there was no incentive to conserve energy.

[Bjauck]

Brookfield have accumulated a small stake (under 5%) so they must still be interested, they recently raised USD $15B in a green transition fund which is focusing on opportunities like AGL. AGL say they are not wanted to see any offer around $8.25 as they see the SP as depressed..

I have a small stake in AGL, interesting to see how this one plays out. Company update on strategy in August.

https://finance.yahoo.com/news/canad...001126386.html

Brookfield are going for Origin Energy (SP up 35% today) now.