CEF in the media
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At last we’ve got a Net Zero Authority
Fifth Estate
Tim Buckley says the national Net Zero Authority is a key piece of policy and administration architecture to support and accelerate Australia’s decarbonisation pathway while looking after workers’ and communities’ interests.
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“About time:” Net Zero Authority to guide just transition from fossils to renewables
Renew Economy
Tim Buckley says a national transition authority is exactly what Australia needs to ensure the national interest is at the heart of energy and climate policy framework.
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Investors welcome New National Net Zero Authority
FS Sustainability
Tim Buckley: “The national transition authority will be really important in ensuring Australia’s workforce and communities are best placed to pivot from the fossil fuel focussed industries from the past to the clean energy and critical minerals and value adding opportunities of the future.”
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OP ED | Penny Wong: Rebuilding World Orders with Australian Multiculturalism
9DashLine
China Energy Policy Analyst Xuyang Dong argues: “Australia is being remade into an active and helpful middle power in its region with its own agency, constructively and strategically navigating its presence in the geopolitics of growing China-US rivalry.”
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Is Snowy Hydro 2.0 worth cost and delays?
ABC Radio National PM
As the cost and timeline of Australia’s biggest renewable energy project, Snowy Hydro, blows out further, Tim Buckley says long duration storage is a critical part of enduring grid reliability. As we see a massive boom in battery installs for short to medium duration storage, absent Snowy Hydro we are going to have to find other solutions to meet our long duration storage needs.
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Australia closes oldest coal power plant in pivot to renewables
The Australian
Drenched in sunshine and blessed with windswept coasts, Australia has the natural ingredients to be a renewable energy superpower, Tim Buckley told AFP in this story in The Australian that was syndicated internationally to Al Jazeera, France24 and elsewhere.
“Every bloody week there’s a new battery announced, or a new wind farm, or other major projects proceeding.” The tricky part, he added, would be figuring out how to store this energy and pump it across Australia’s vast distances.
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Lithium might be down but it’s far from out
AusBiz
What’s happening in the global lithium space? Climate Energy Finance director Tim Buckley explains in detail, including the growing geo-political interest in processed lithium. He affirms growth trends for lithium suppliers and producers, despite short term price weakness.
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Adani’s Billionaire Brother Starts to Retreat as Scrutiny Builds
Bloomberg
Bloomberg looks at Vinod Adani, Gautam’s brother and a key figure in the family empire, who has cut ties with companies linked to the Carmichael project. Tim Buckley, who’s observed the conglomerate for years, said it seems like a “logical house-cleaning” to distance Vinod from the Adani empire.
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NBN turns to micro wind turbines in search for power for remote sites
Renew Economy
Tim Buckley comments on NBN Co’s testing of a new micro wind turbine design at a site in Geelong, Victoria, to decide whether it can play a supporting role in emergency electricity supply.
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Australia’s Woodside Could Face А$63B Carbon Gas Bill By 2050 – Report
Carbon Herald
The international Carbon Herald reports on CEF’s independent modelling that shows production major Woodside Energy and its partners may have to pay a carbon bill of up to A$63 billion from their gas fields by 2050 following the latest Safeguard Mechanism reforms, with Tim Buckley noting that “this is a clear commercial signal for Woodside to invest in decarbonisation.”
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The science is clear: gas is a dangerous fossil fuel and the more we burn the worse climate change will become
ABC NewsRadio
Glen Walker head of advocacy and strategy for Greenpeace Australia Pacific responds to the address at the National Press Club yesterday by the Woodside Energy CEO Meg O’Neill. 49% of Woodside shareholders last year voted against the climate report, with the board and leadership completely dropping the ball on addressing climate change and managing climate risk. Glenn cites the CEF report, which quantifies a $63 billion Safeguard liability for Woodside’s gas projects.
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Woodside Energy faces billions in liability costs thanks to Safeguard Mechanism, as AGM climate revolt looms
Carbon Pulse
Carbon Pulse reports on CEF’s new analysis which finds Woodside will face a massive Safeguard liability if it fails to decarbonise.
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