CEF in the media
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Wholesale power prices down 50pc
The Australian Financial Review
Tim Buckley describes the halving of forward prices for wholesale power in NSW and QLD as “a staggering real-time endorsement of the government’s efforts” to rein in prices.
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Threat of energy price cap already working
AAP
In this story across 100+ mastheads on AAP, Tim Buckley says the 50% drop in forward pricing of wholesale electricity in NSW and QLD in the first quarter of 2023 shows the market had already endorsed the federal government’s price relief plan.
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Crossbenchers urge long term energy action
Canberra Times
Tim Buckley comments in this story in Canberra Times and 100+ mastheads on the federal government’s energy price relief plan, noting that only when we cut ties with the rapacious fossil fuel industry will we be free to harness our plentiful, low-cost clean energy, and the enormous benefits of this once in a century transformation
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Energy price relief plan to limit bill blowout
ABC Radio
Tim Buckley is interviewed on ABC Radio Sydney about the federal government’s necessary energy market intervention that will see it cap wholesales prices of coal and gas and rebate power bills – noting that the forward electricity market in NSW and QLD has already endorsed the government’s plan by pricing in a 50% reduction in wholesale prices for the first quarter of calendar year 2023.
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In review: where Australia’s make-or-break climate policies are at after tumult of 2022
PV Magazine
CEF’s policy paper on the Safeguard Mechanism, designed to reduce emissions from Australia’s 200+ biggest emitters, is linked in this story which looks at current reviews of Australian Carbon Credit Units and the SGM. CEF notes that legislation of the SGM, not regulation, is required, and the SGM should adopt an avoid>minimise>mitigate>offset hierarchy.
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Fossil fuel hysterics make coal and gas price caps look like a really good idea
Renew Economy
Tim Buckley’s data showing that fossil fuel multinationals made $120bn in profits in 2022 is quoted in this story noting that the industry is not coping well with the idea that its days might be numbered.
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Climate warrior Chris Bowen wants to subsidise coal mines
The Australian Financial Review
Tim Buckley said the government’s mooted plan to subsidise coal companies for the price cap means they are asking taxpayers to provide compensation to coal mining companies so they can make obscene profits selling back our resources to us.
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OP ED | Fossil fuel exporters’ $140b profit as bills soar
Sydney Morning Herald
Tim Buckley’s new op ed across Nine/Fairfax papers: as fossil fuel multinationals reap obscene $140bn war profits, pay little or no tax and smash homes and businesses with bill shock, the federal government’s energy price relief plan is to be applauded, but this should not include taxpayer compo to coal.
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OP ED | The energy future is now
Climate & Capital Media
US President Biden’s $369bn Inflation Reduction Act is unleashing a torrent of inbound green capital, turbocharging the nation’s energy and economic transformation. Tim Buckley and Matt Pollard break down the policy context and deal book.
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Power price relief will take until mid next year
Channel 9 News
Tim Buckley on national Nine primetime TV news, commenting on how the federal government’s energy price relief plan will soften the blow of fossil fuel price hyperinflation for consumers .
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Government energy price relief plan to tackle bill shock
Channel 7 News
Tim Buckley comments in this report on Channel 7 primtime TV news, noting that the federal energy price relief plan will soften the blow of energy hyperinflation – and that the gas lobby’s claims of a supply crunch are bollocks.
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PM’s announcement of energy price relief plan
ABC NewsRadio
Part 2 of Tim Buckley’s interview providing a live reaction to the PM’s press conference announcing the government’s 4 part plan to temper the bill shock impacting Australian households and businesses.
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