Latest news with #Bowen
Sky News AU
2 hours ago
- Business
- Sky News AU
Albanese government throwing $9 billion per year at net zero climate targets, new IPA findings reveal
The federal government's spending on climate change and net zero has soared to more than $9 billion a year, new research has found. Analysis from the Institute of Public Affairs (IPA) has shown that spending on climate-related programs has increased fifteenfold over the past decade. According to IPA's analysis of federal budget papers, spending on net zero has risen from about $600 million to $9 billion annually since 2015. At the same time, the Albanese government has seen emissions actually rise year on year to figures higher than under the former Morrison government. IPA deputy executive director and economist Adam Creighton said the array of 'programs' and 'funds' related to climate change and net zero was 'ridiculous'. 'Spending on climate change and net zero in the most recent federal budget has reached around $9 billion annually,' he said. Mr Creighton said the true cost was likely even higher once state-level and private sector compliance costs were considered. Despite this, Energy Minister Chris Bowen has repeatedly claimed renewables to be the 'cheapest and cleanest form of energy'. Meanwhile, the Australian Energy Regulator's default market offer has rise by as much as 50 per cent in parts of the country since 2022. Mr Bowen and Prime Minister Anthony Albanese have still not conceded that they did now lower power bills by $275 as promised at the 2022 election. 'We have never denied that energy prices are higher than we would like,' Mr Bowen said at the National Press Club energy debate ahead of the election. 'If we keep the path we're on, energy prices will fall by 13 per cent over the next 10 years.' According to the IPA, the high energy prices in Australia have been caused, at least in part, by the ambitious net zero target. 'Decades of poor decision making, based on flawed and misleading advice and ideology, is crushing … household budgets,' Mr Creighton said. The Albanese government has reaffirmed its commitment to net zero since winning its mandate in the 2025 federal election. However, Environment Minister Murray Watt recently gave approval to the North West Shelf gas project, which Mr Albanese said was needed to address energy reliability. 'You don't reduce emissions and take action on climate change by just having good wishes,' Mr Albanese said on Tuesday. 'We need to make sure that there is security of energy supply at the same time as we support the transition which reduces our emissions. 'What you do is have a target, which is what we have with net zero.' Sky News understands the Albanese government won't support a climate trigger in national environmental laws, as proposed by the Greens. Mr Albanese is not expected to announce Australia's 2035 climate target until closer to September, Sky News recently revealed. The new climate target could be put as high as a 75 per cent emissions reduction by 2035 from 2005 levels as internal deliberations and departmental advice continue. The growing price tag has renewed political pressure on the opposition, with internal divisions surfacing over the future of the Coalition's commitment to net zero by 2050. Senior Coalition figures have been openly debating whether to revisit or abandon the net-zero target. Opposition Leader Sussan Ley said it was necessary to 'take the time to get this right' on net zero, and that the joint party room would evaluate its position. 'We have to play—as a country—our part in the global response to climate change,' she told reporters at Parliament House last Thursday. 'Net zero, Paris targets, gas—all of the resources conversations around critical minerals, they're all part of that. 'We have to get this right. We have to play our part, but we have to make sure that we don't do it at any cost.' The Nationals nominally reaffirmed support for net zero by 2050 but leader David Littleproud confirmed that the commitment is now under review.
Yahoo
9 hours ago
- Business
- Yahoo
Radial Promotes Shauna Bowen to EVP, Chief Digital & Transformation Officer Amid Growing Fast Track Momentum
KING OF PRUSSIA, Pa., June 03, 2025--(BUSINESS WIRE)--Radial, Inc., a bpostgroup company, the leader in eCommerce solutions, today announced the promotion of Shauna Bowen to Executive Vice President, Chief Digital & Transformation Officer. This move follows the planned retirement of Chief Technology Officer Jim French and marks a new chapter for Radial as the company continues to build on the success of its Radial Fast Track fulfillment solution, which has already been adopted by seven modern brands since its launch in March. Bowen, who previously served as SVP of Strategy & Transformation, will now oversee Technology, Product, and Transformation, three critical teams driving Radial's next phase of digital innovation and client service. Outgoing CTO Jim French played a foundational role in strengthening Radial's technology infrastructure, improving system reliability, and laying the groundwork for scalable transformation. "I'm proud of the strides we've made in building a more resilient, agile tech foundation," said Jim French, retiring CTO, Radial. "Shauna was the natural choice to succeed me. Since joining Radial, she has brought a strategic, innovative approach and played a key role in the development and launch of Radial Fast Track. With her at the helm, I'm confident Radial is positioned to lead the next generation of fulfillment innovation." Since launching in March, Radial Fast Track has quickly gained traction, enabling brands to scale rapidly without compromising delivery speed or service quality. Under Bowen's leadership, the solution was developed to meet the growing demand for flexible, cost-effective fulfillment. In less than three months, Fast Track is proving to be a pivotal offering for modern retailers seeking to meet customer expectations while navigating an increasingly complex logistics landscape. "Radial Fast Track has been a game-changer for our clients, providing a high-performing, low-friction way to scale fulfillment in a volatile market," said Shauna Bowen, EVP, Chief Digital & Transformation Officer, Radial. "As we integrate our product, technology, and transformation efforts under one team, I'm excited to accelerate innovation that helps brands deliver seamless and reliable experiences from click to delivery." Radial Chief Executive Officer Tom Schmitt added: "Jim leaves behind a legacy of steady leadership and forward-thinking vision. We're grateful for his contributions. At the same time, I couldn't be more excited to elevate Shauna into this role. She is a bold, proven leader whose work on Radial Fast Track is already reshaping what our clients expect from a 3PL partner," said Tom Schmitt, CEO, Radial. "With digital transformation now more critical than ever, unifying these functions under her leadership sets Radial up to drive the next wave of eCommerce excellence." Bowen's promotion aligns with French's official departure date of June 6, 2025, after completing a seamless leadership transition. To learn more about Radial Fast Track, visit About Radial Radial is the largest 3PL fulfillment provider also offering integrated payment, fraud detection, and omnichannel solutions to modern and enterprise brands. Leveraging over 30 years of industry expertise, Radial tailors its services and solutions to align strategically with each brand's unique needs. Our team supports brands in tackling common eCommerce challenges, from scalable, flexible fulfillment enabling delivery consistency to ensuring secure transactions. With a commitment to fulfilling promises from click to delivery, Radial empowers brands to navigate the dynamic digital landscape with the confidence and capability to deliver a seamless, secure, and superior eCommerce experience. View source version on Contacts Press Contact: Daysi Robles LopezPAN Communicationsradial@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
9 hours ago
- Business
- Business Wire
Radial Promotes Shauna Bowen to EVP, Chief Digital & Transformation Officer Amid Growing Fast Track Momentum
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)-- Radial, Inc., a bpostgroup company, the leader in eCommerce solutions, today announced the promotion of Shauna Bowen to Executive Vice President, Chief Digital & Transformation Officer. This move follows the planned retirement of Chief Technology Officer Jim French and marks a new chapter for Radial as the company continues to build on the success of its Radial Fast Track fulfillment solution, which has already been adopted by seven modern brands since its launch in March. Bowen, who previously served as SVP of Strategy & Transformation, will now oversee Technology, Product, and Transformation, three critical teams driving Radial's next phase of digital innovation and client service. Outgoing CTO Jim French played a foundational role in strengthening Radial's technology infrastructure, improving system reliability, and laying the groundwork for scalable transformation. 'I'm proud of the strides we've made in building a more resilient, agile tech foundation,' said Jim French, retiring CTO, Radial. 'Shauna was the natural choice to succeed me. Since joining Radial, she has brought a strategic, innovative approach and played a key role in the development and launch of Radial Fast Track. With her at the helm, I'm confident Radial is positioned to lead the next generation of fulfillment innovation.' Since launching in March, Radial Fast Track has quickly gained traction, enabling brands to scale rapidly without compromising delivery speed or service quality. Under Bowen's leadership, the solution was developed to meet the growing demand for flexible, cost-effective fulfillment. In less than three months, Fast Track is proving to be a pivotal offering for modern retailers seeking to meet customer expectations while navigating an increasingly complex logistics landscape. 'Radial Fast Track has been a game-changer for our clients, providing a high-performing, low-friction way to scale fulfillment in a volatile market,' said Shauna Bowen, EVP, Chief Digital & Transformation Officer, Radial. 'As we integrate our product, technology, and transformation efforts under one team, I'm excited to accelerate innovation that helps brands deliver seamless and reliable experiences from click to delivery.' Radial Chief Executive Officer Tom Schmitt added: 'Jim leaves behind a legacy of steady leadership and forward-thinking vision. We're grateful for his contributions. At the same time, I couldn't be more excited to elevate Shauna into this role. She is a bold, proven leader whose work on Radial Fast Track is already reshaping what our clients expect from a 3PL partner,' said Tom Schmitt, CEO, Radial. 'With digital transformation now more critical than ever, unifying these functions under her leadership sets Radial up to drive the next wave of eCommerce excellence.' Bowen's promotion aligns with French's official departure date of June 6, 2025, after completing a seamless leadership transition. To learn more about Radial Fast Track, visit About Radial Radial is the largest 3PL fulfillment provider also offering integrated payment, fraud detection, and omnichannel solutions to modern and enterprise brands. Leveraging over 30 years of industry expertise, Radial tailors its services and solutions to align strategically with each brand's unique needs. Our team supports brands in tackling common eCommerce challenges, from scalable, flexible fulfillment enabling delivery consistency to ensuring secure transactions. With a commitment to fulfilling promises from click to delivery, Radial empowers brands to navigate the dynamic digital landscape with the confidence and capability to deliver a seamless, secure, and superior eCommerce experience.
Daily Mail
2 days ago
- Business
- Daily Mail
Anthony Albanese's government considering a new tax to help Australia acheive its climate targets
Chris Bowen has refused to rule out a possible 'carbon tariff' on dirty cement or steel as he acknowledged that Australia must 'do more' to achieve its climate targets. The Energy and Climate Change Minister was quizzed by the ABC's David Speers about whether he would bring in a carbon tariff. This would see levies placed on carbon-intensive products such as steel, cement and lime imported from abroad and could make the building process more expensive. It is a way of ensuring that Australian companies do not outsource carbon-emitting activities to other countries with less ambitious carbon-reduction targets. 'We have been clear that we want to ensure Australian industry is best placed to compete in a decarbonising world,' Bowen told the program. 'What could be the case is … we look at particular sectors first around cement and lime, [which] are places that we looked at in particular, but I'm not going to get in front of the process… 'We'll have more to say during the course of this term.' The Australian Government appointed Professor Frank Jotzo to lead a review into carbon leakage and what policy options were available to address it. This would see levies placed on carbon-intensive products such as steel, cement and lime imported from abroad and could make the building process more expensive His preliminary report identified cement, clinker and lime as industries in which there was a high leakage risk, while steel, glass and ammonia posed a moderate risk. The European Union has brought in a Carbon Border Adjustment Mechanism, which will imposes a carbon tax on imports from countries with less strict climate policies. Bowen's refusal to rule it out was criticised by the Coalition's new energy spokesperson Dan Tehan. 'Now before the election, Chris Bowen, this arrogant minister, said nothing about carbon tariffs,' he said. 'Yet here he is immediately after the election talking about putting them in place.' Tehan accused Bowen of putting Australia's 'energy security at risk' and putting gas and electricity prices up. 'Now he wants to follow Donald Trump's lead and put in tariffs. What a mess,' he added. Bowen said Australia was 'by and large on track' to meet its target of reducing emissions by 43 per cent by 2030. This is despite figueres last week showing little progress was made in 2024. 'We've never suggested it's a linear line … But with the right approach from government, yes, we can continue to be on track (despite) facing headwinds and challenges from time to time,' he said. Labor was criticised by environmental groups for approving a 40-year extended licence to WA's North West Shelf, the largest oil and gas project in the country. The government has a deadline this year to set its 2035 emissions reduction target.
Yahoo
2 days ago
- Entertainment
- Yahoo
Julie Bowen Thought She'd Be Replaced By Sydney Sweeney in ‘Happy Gilmore 2'
Nearly three decades after the release of Happy Gilmore, a sequel is on the way — and co-star Julie Bowen is still surprised she was asked to return. The first film follows Adam Sandler's unlikely golf hero Happy, with Bowen as Virginia Venit, the pro golf tour PR director who serves as Happy's love interest. The official trailer for Happy Gilmore 2 was released at Netflix's Tudum event on Saturday, as Bowen told The Hollywood Reporter when she heard it was happening, 'I thought, 'Well I won't be in it.'' More from The Hollywood Reporter Adam Sandler Swings Away in Full 'Happy Gilmore 2' Trailer - With One Classic Throwback Line Sydney Sweeney's New Soap Collab Will Be Made With "Her Actual Bathwater" Sydney Sweeney, Jennifer Lawrence and Robert Pattinson, Michelle Yeoh Films Sell Wide at Cannes 'And that was OK — it was like Virginia Venit, it's been 30 years, he's got a hottie. He's got some little bitty on the side, like a cart girl,' she said of her assumptions of Sandler's character. 'As a matter of fact my children told me, before I was even told officially that there was a Happy Gilmore sequel, my now 18-year-old said, 'Mom, I hear they're doing a sequel and he's with Sydney Sweeney as a cart girl.'' It was indeed a rumor online that Sweeney had been cast in the film, and though it ended up not being true, Bowen joked, 'I went, I'm hurt and I so respect that move. Of course, why wouldn't you? So when I got the call that I was actually in it, I was like, 'Are you sure? Come on.'' There will be plenty of new additions to the sequel though, with Bad Bunny, Margaret Qualley, Benny Safdie, Travis Kelce, Kym Whitley and Eminem all making appearances. Bowen revealed she is a Bad Bunny superfan and was particularly excited to have him on set. 'Seeing Bad Bunny on set I was just like, 'Oh, I can't actually look you in the eye, I'm going to have to walk away,' and I did. I think he was offended and I had to circle back and now I made it worse,' she teased. 'I'm the kind of person who doesn't want to meet her heroes because I think I'm just going to be a jackass.' Happy Gilmore 2 starts streaming July 25 on Netflix. Best of The Hollywood Reporter 13 of Tom Cruise's Most Jaw-Dropping Stunts Hollywood Stars Who Are One Award Away From an EGOT 'The Goonies' Cast, Then and Now
