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

Tim Buckley, director of think tank Climate Energy Finance and a former MD of global investment bank Citigroup said: “The only thing the Coalition’s resurrection of its moribund joke of an energy policy will achieve is sending Australia back into the energy dark ages and creating massive sovereign risk for investors. Read more

Tim Buckley, director of think tank Climate Energy Finance and a former managing director of global investment bank Citigroup said “this iteration of the Coalition’s energy policy pamphlet belongs in the bin fire with every previous iteration”. “This will make the 2028 federal election yet another referendum on whether Australia will stay in alignment with the global consensus of the Paris Agreement and the climate science,” Buckley said. “This alignment is imperative to ensure Australia’s energy security and prosperity in the emerging net-zero world economy.“ Renew Economy contacted Tehan’s office to clarify whether the Coalition’s latest policies implied a plan to pull Australia out of the Paris agreement. Read more

The Coalition has proposed scrapping net-zero mandates, lifting the ban on nuclear power and abolishing the Safeguard Mechanism as part of its energy policy. Buckley says the prospect of major policy changes following a change of government could affect investment decisions by increasing uncertainty around the future policy framework. He argues Australia should instead align energy investment with technological developments and the policies of major trading partners. Read more