National energy guarantee is ‘innovative’, says Bloomberg analysis

Bloomberg New Energy Finance says proposed guarantee could be ‘template for policy makers worldwide’

The Turnbull government’s proposed national energy guarantee has been given enthusiastic support by the renewable energy analysis firm Bloomberg New Energy Finance, which has described the concept as “innovative and elegant” and said it could be “a template for policy makers worldwide”.

Earlier this week Malcolm Turnbull persuaded the Coalition to support an energy policy that includes measures intended to drive down emissions (the “emissions guarantee”) and ensure reliability of the grid (the “reliability guarantee”).

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Adani posts weird video ad on Facebook to fend off Carmichael criticism

The post – with misspellings and all – targets people in Melbourne and displays ‘allegations’, which it labels as ‘lies’

The Adani Group has promoted a bizarre video advertisement on Facebook, in which the Indian company responds to revelations its Australian coal operations face growing financial risks.

The video, targeting people in Melbourne, flashes up text on the screen, backed by fast and upbeat percussive music. It displays “allegations”, which are labelled as “lies”, followed by attempts to set the record straight. It also misspells “Abott point”, its coal terminal.

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Snap lays off 18 employees in recruiting division

SAN FRANCISCO (Reuters) – Social media company Snap Inc said on Friday it had laid off 18 people in its recruiting division, an unusual move for a young company with ambitious growth plans and a likely reflection of tough competition from Facebook Inc .