We conduct public interest financial analysis on the most profound economic transformation since the industrial revolution: the transition from fossil fuels to clean energy.
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
AGL | Banking sector & Emissions | CEF NEWS UPDATES | CEF SERIES ON CRITICAL MINERALS | China | Critical minerals | Decarbonisation | Energy Crisis | Hydrogen | India & Adani | Windfall tax |
POSITION PAPER | Five urgent reforms to boost Australia’s climate finance in a rapidly decarbonising world
In this new position paper, Janaline Oh, executive director of Diplomats for Climate Action, and CEF director Tim Buckley identify 5 urgent finance reforms the federal government should put in place so as to mobilise capital at the scale and speed needed to secure Australia’s opportunity to position itself as a critical minerals and energy transition leader in a rapidly decarbonising world – including leveraging our world leading super capital pool and our nation-building, infrastructure and energy transition funding authorities such as the Future Fund and Northern Australia Infrastructure Facility. Read more
OP ED | China remains massively ahead in global cleantech investment during slow economic growth
China remains ahead in leading global cleantech investment during its domestic renewable energy expansion. While the investment in renewables is unevenly split across the world, China continues to mobilise capital to the Global South to help developing countries in energy transition. 2023 is the tipping point for China to peak its coal use as well as its emissions. Australia should seize this opportunity to work with China, as well as other countries, in order to become a renewable superpower. Read more
OP ED | Large fossil fuel power producers pivot to push into Australian offshore wind
JERA and Beach, two fossil fuel dinosaurs, announce a strategic pivoting into offshore wind, leveraging their financial firepower and offshore engineering expertise, respectively, to capitalise on this major new renewable energy opportunity in offshore wind in Australia. Read more
OP ED | Australian Energy Regulator flags electricity price spikes half those expected without December 2022 Albanese federal government intervention
As AER flags significant electricity price hikes from July 1, we note that these increases are half what they would have been without the federal government intervention to cap wholesale coal and gas prices in December 2022, as AER acknowledged. Our expectation is that retail prices may have peaked, and we look at the prospects for power prices against the backdrop of the rise of deflationary renewables and global race to decarbonisation. Read more
AGL China Critical minerals Decarbonisation Energy crisis Hydrogen India & Adani Windfall tax
Climate change risk added to banking watchdog’s beat
As the Treasurer announces that APRA will be required to bring climate risks into its considerations, Tim Buckley says “We also need the right APRA benchmarks to align our massive superannuation investment pool with the massive transition opportunities staring Australia in the face.” Read more
Is the tide turning for Australia’s fossil fuel exports?
“The reason the OCE is forecasting our LNG, coking coal and thermal coal as structurally challenged is that lower prices means their value is going to halve in the next three to four years,” says Tim Buckley. Read more
‘Huge subsidy fest’: Australia has the critical materials, but can it compete in the manufacturing race?
Speaking at the Renewables and Critical Minerals Superpower webinar hosted by the Smart Energy Council on Tuesday, Tim Buckley outlined the fierce competition flooding into the clean energy space, especially around manufacturing. 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
Read our privacy statement here.