🗣 Residents of Canberra may be banned from buying new gas appliances as part of the Australian capital's transition to an all-electric power supply. The Australian Broadcasting Corporation (ABC) reports on June 21.
🗣 Under the Australian Capital Territory (ACT) government's new integrated energy plan, regulatory options will need to be considered to ensure it reaches its net-zero carbon emissions target by 2045. One of the options listed in the plan is to ban the installation of new gas appliances by the end of the decade.
🗣 Residents of Canberra may be banned from buying new gas appliances as part of the Australian capital's transition to an all-electric power supply. The Australian Broadcasting Corporation (ABC) reports on June 21.
🗣 Under the Australian Capital Territory (ACT) government's new integrated energy plan, regulatory options will need to be considered to ensure it reaches its net-zero carbon emissions target by 2045. One of the options listed in the plan is to ban the installation of new gas appliances by the end of the decade.
The lead from Wall Street offers little clarity as the major averages opened lower on Friday and then bounced back and forth across the unchanged line, finally finishing mixed and little changed.The Dow added 33.18 points or 0.10 percent to finish at 34,798.00, while the NASDAQ eased 4.54 points or 0.03 percent to close at 15,047.70 and the S&P 500 rose 6.50 points or 0.15 percent to end at 4,455.48. For the week, the Dow rose 0.6 percent, the NASDAQ added 0.1 percent and the S&P gained 0.5 percent.The lackluster performance on Wall Street came on uncertainty about the outlook for the markets following recent volatility.
The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.
