It's been a while so I thought I should check in with how our old friends Santos and Woodside are doing...

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Taxing gas producers is just the right thing to do. This issue isn't going to go away. Wealthy mining companies receive $4.5bn/yr to use diesel. Madness!

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The risk for BHP, Rio Tinto and Fortescue is not a sudden collapse in demand from Beijing. Rather, it’s a gradual erosion of their collective bargaining power on iron ore prices. www.afr.com/world/asia/w...

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Climate Integrity’s analysis claimed the Woodside-commissioned Browse report inflated the economic benefits of the project, including “cherry-picking” job figures while ignoring job destruction in farming and manufacturing. www.watoday.com.au/national/wes...

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With June runs in for all the ENSO models and the "spring predictability barrier" mostly behind us, the odds of a record-breaking El Niño event this fall have continued to increase. Here are all the latest runs (including today's C3S updates):

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