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

“While climate discussions have generally become lower priority, the heightened focus on energy security still leads to the same conclusion: decarbonisation and energy independence are strategic national priorities.” The IEA showed renewables accounted for 70 per cent of global power generation spending in 2026 and recorded the strongest growth in energy investment over the past decade, followed by electrification, grids and storage. Mr Buckley said the uptick had been driven by falling costs and rapid innovation, which have reduced the price of electric vehicles, battery energy storage systems and solar power by around 80 per cent over the past decade. Read more

Energy analyst Tim Buckley, the director of the think tank Climate Energy Finance, said BYD now controls every aspect of its operations, from the mining of critical materials and the design and manufacture of batteries and parts, to the construction of the vehicles themselves and their delivery around the world. As a result, it can rapidly respond to demand spikes, like the one caused by oil price increases created by the United States and Israeli attack on Iran. As well as its factories in China, it has new plants in Thailand, Brazil and Uzbekistan, allowing it not only to serve rapidly growing markets across Asia and South America but to step around tariffs in some jurisdictions applied to Chinese-manufactured vehicles. “It’s a turning point for EVs in Australia,” Buckley said. “It is an acceleration of the energy system transformation here in Australia. Read more

Tim’s interview starts at 30:26 mark Following reports by The Guardian and Four Corners, concerns were raised about BHP’s decision to step back from interim decarbonisation targets despite its commitment to achieve net zero emissions by 2050. The discussion examined whether the company had prioritised short-term economic interests over climate commitments, with allegations of greenwashing and investor deception. The interview also explored the broader implications for Australia’s climate goals, highlighting the need for greater investment in renewable energy, electrification and grid infrastructure. Particular attention was given to the Pilbara, where renewable energy penetration remains low and mining operations continue to rely heavily on imported diesel. The discussion argued that stronger policy settings and corporate leadership are essential to align Australia’s largest companies with climate science and the nation’s net zero objectives. Read more