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

Ironically, the government’s own Treasury modeling says the value of Australia’s coal and gas exports is predicted to plummet by 50% over the next five years as global demand declines. The modeling, released in September, found the annual value of fossil fuel exports is expected to drop by more than $40 billion (A$60bn) by 2030 under any future scenario of emissions reduction within Australia. Former analyst Tim Buckley, founder and director of the think tank Climate Energy Finance, says Australia’s “gift horse” of fossil fuel revenue could turn into a “resources curse.” Read more

Tim Buckley, director of Climate Energy Finance, was optimistic about the deal, and argued Australia should leverage its natural advantages, as well as its position in the US-China trade war, to move up the export value chain by expanding its onshore processing and refining capacity. Read more

The Financial Times described China’s rising dominance as the world’s first significant “electrostate”, citing Climate Energy Finance director Tim Buckley, who observed that the Trump administration has “embraced fossil fuel industries” and “gutted” the previous government’s support for renewable energy. Read more