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 director Tim Buckley told MWM, “Putting bandaids on an antiquated, beyond end-of-life facility degraded for almost a decade under the watch of Sanjeev Gupta’s GFG Alliance has proven to be simply a waste of taxpayer funds.” Buckley says there is still hope, though. “The future for Whyalla lies in an electric arc furnace (EAF) using electricity powered by renewables to produce steel at a fraction of the emissions of coal-fired blast furnaces, and developing the state’s valuable magnetite iron ore resources.” Read more

“South Australia could be well underway on planning for this, and progressing to a final investment decision and into construction on an EAF as a no-regrets first step,” Climate Energy Finance director Tim Buckley said on Monday. “Putting bandaids on an antiquated, beyond end-of-life facility degraded for almost a decade under the watch of Sanjeev Gupta’s GFG Alliance has proven to be simply a waste of taxpayer funds, a delusion that kicked the can down the road and deferred making hard and timely decisions in the best interests of the workforce, the community and taxpayers,” Buckley said. Read more

Climate Finance Energy director Tim Buckley said the increase in power demand would need to be matched by investments into new energy generation, which could transform the regional and rural areas. “The beauty of the land grab in the data centre gold rush that’s underway right now is that capital is pouring in,” Mr Buckley said. Read more