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

Buckley, the head of Climate Energy Finance who returned recently to Australia from his latest trip to China, said the “staggering” scale of manufacturing and the speed of construction there put Australia’s $2.5 billion efforts to bail out facilities such as Tomago in the shade. The visit took in the Hongtai Aluminium smelter in the southern province of Yunnan. Construction on the site began in December 2019, with the first metal produced within a year. Read more

Data centres could consume 13 per cent of National Electricity Market power by 2036. Australia should require them to bring new firmed renewable energy rather than add pressure to the grid. We all saw the shocking scenes last week as a glacier collapse in the Himalayas produced a biblical flash flood on the Nepal-Tibet border, obliterating everything in its path. The impact was such that it triggered seismic activity signalling an earthquake. Panicked people tried desperately to outrun a churning wall of water metres high. At the time of writing, over 900 are dead, swept away in the raging torrent, with thousands missing, villages and infrastructure destroyed, and scores of Australians unaccounted for. Read more

Climate Energy Capital director Tim Buckley says attempting green hydrogen without access to China’s capital or capex costs, or its scale “is a waste of time”. “Let China lead, prove it, and once they’ve commercialised it, partner with them,” he told Renew Economy. “No one’s building anything in Australia. Even AREH has moved away from hydrogen, saying let’s just be an energy provider to the big mining companies. That was one of the biggest hydrogen proposals. Read more