Wind farm with beautiful sunset by the water

We conduct public interest financial analysis on the most profound economic transformation since the industrial revolution: the transition from fossil fuels to clean energy.

Sign up for updates

About

Climate Energy Finance (CEF) is a think tank established in 2022 that works probono in the public interest to accelerate decarbonisation. We conduct research and analyses on global financial issues related to the global energy transition from fossil fuels to clean energy, as well as the implications for the Australian economy, with a key focus on the threats and opportunities for Australian investments and exports. Read more

Media

CEF in the media  |  Apr 21, 2026

“Makes no sense:” Fortescue launches major campaign to slash diesel tax rebates for big miners

Renew Economy

Iron ore mining giant and green energy advocate Fortescue has launched a major public campaign urging government to strip big miners of fossil fuel handouts, saying diesel tax rebates are no longer going to the right people. Fortescue, which is aiming to reach “real zero” emissions at its mines by 2030, if not earlier, by using renewables and electric transport and mining equipment, says research shows the 18 largest miners receive about a third of the $11 billion in fuel rebates returned to businesses this year. Read more

CEF in the media  |  Apr 17, 2026

Australia scrambles to secure energy as war on Iran fuels uncertainty

Al Jazeera

In a bid to bridge this gap, Australia’s Prime Minister Anthony Albanese has turned to “fuel diplomacy”, said Dia, with recent visits to Singapore, Malaysia and Brunei, where he has been trying to shore up the supply of fuel and fertiliser. As a major exporter of LNG and coal, Australia has some leverage in these negotiations, said Tim Buckley, director of think tank Climate Energy Finance (CEF). But, he added, it is notable that Australia’s position is very different to that of its historic ally, the US, which is not as dependent on oil exported through the Strait of Hormuz. “We don’t get any of our oil from the US,” Buckley told Al Jazeera. Read more

CEF in the media  |  Apr 16, 2026

OP ED | Diesel nation: Australia is still pumping billions in the wrong direction as oil hyperinflation hits

Renew Economy

The now six-week-long conflict in the Middle East continues, massively disrupting global energy supplies with no end in sight. This underscores the energy security risk to Australia of its extreme dependency on imported oil and resulting exposure to international fossil fuel shocks in an increasingly geopolitically unstable world. The significant implications for national economic resilience are already apparent, with a fuel supply crunch and elevated foreign oil prices driving a cost of living crisis, inflationary pressures and surging interest rates here. At the time of writing, the Hormuz Strait, the critical chokepoint for 20 per cent of the world’s oil, including the Asian supply chains we rely on, remains blocked. Read more

Sign up for updates

Sign up to receive occasional updates on major climate and energy finance news and developments, and notification of new reports, presentations and resources.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Read our privacy statement here.

Error: