Australia’s third-largest carbon emitter says it must transition to renewables and curtail coal plants

Stanwell, which is Queensland's largest power generator, says energy market is shifting from fossil fuel generation' at a rapid pace'

Australia's third-largest greenhouse gas emitter and Queensland's largest power generator, Stanwell Corporation, has revealed plans to transition its business from fossil fuels to renewables, including curtailing the output of its coal-fired power plants.

The Queensland government-owned corporation operates three coal plants, including two - Tarong North and Stanwell - regularly touted as among the youngest in the country and not scheduled to close for several decades.