MARKETS

AGL brings forward coal closures, cuts dividend

AGL Energy has used its half year results to announce it will bring forward the closure dates of its three coal-fired power stations on Australia’s east coast as well as bringing its net-zero emissions reduction target forward to 2040.

Updates climate targets

Updates climate targets

Liddell is still set to close next year but Bayswater's closure has been brought forward from 2035 to 2033 and Loy Yang will close in 2045 instead of 2048. The company said its commitments, which vary...

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