The reason behind the rise of renewables in recent years turns out to be as much about economics as it is about decarbonisation, according to Tim Buckley.
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Tim Buckley highlights the need for investment in geographically and technologically diverse energy, e.g. solar, wind-pumped hydro and other technologies as climate change and its costs accelerate.
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Tim Buckley commends NSW commitment to PHS but says that Australia also needs to upscale a range of firming technologies, batteries and grid connectivity.
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Senator David Pocock and former Labor foreign minister Bob Carr join Tim Buckley in pressing the government to match nations like the UK and Indonesia and claw back fossil fuel multinationals’ superprofits.
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As energy minister Chris Bowen sacks the CEO of Snowy Hydro 2.0, Tim Buckley on cost blowouts in the scheme and conflict over the use of green hydrogen in the Kurri Kurri power plant.
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As Tim Buckley points out, the catastrophic drought in China has resulted in power shortages, since hydro is 20 per cent of generation.
As a result, major manufacturers have had to curtail operations – including some producers of solar cells.
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Tim Buckley on the need for tax reform to ensure a community dividend from the superprofits fossil fuel multinationals are making by exploiting Australians’ sovereign resources.
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Tim Buckley writes that there’s never been a better time – or a more urgent imperative – to take a cold, hard look at the super-profits currently enjoyed by fossil fuel companies.
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Tim Buckley says rocketing coal and gas prices are a blessing for exporters and a curse for everyone else as Australia’s biggest players – from oil and gas producer Santos to coal exporter Whitehaven and global mining giant BHP – book windfall gains.
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