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, founder and dir­ector of the Aus­tralian think tank Cli­mate Energy Fin­ance, told China Daily that the ABS fig­ures showed that the fuel pres­sures were hav­ing a sig­ni­fic­ant impact on Aus­tralian busi­nesses and con­sumers, “both dir­ectly, and indir­ectly” due to the rise in gen­eral infla­tion and the res­ult­ing increase in interest rates. The Reserve Bank of Aus­tralia raised the cash rate by 25 basis points to 4.35 per­cent in May, its third con­sec­ut­ive rate hike this year. “Busi­ness con­fid­ence has taken a hit, and eco­nomic activ­ity is facing a sig­ni­fic­ant head­wind as a res­ult,” Buckley said, adding that the Middle East con­flict could con­tinue for a long time. Read more

“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