Wind farm turbines on the water


CEF in the media

CEF in the media  |  Mar 25, 2023

Behind Adani Deals, an ‘Elusive’ Elder Brother

Wall Street Journal

“Many of the foreign entities controlled by Gautam Adani’s brother Vinod appear to function as middlemen for shifting money around the conglomerate while obscuring the source of those funds, analysts and critics said. Many of the companies had no obvious signs of operations or reported employees, yet collectively moved billions of dollars into Indian Adani entities, often without required disclosures, Hindenburg said. ‘I’ve never seen a corporate structure so opaque, so untraceable,’ said Tim Buckley.” Read more
CEF in the media  |  Mar 25, 2023

What the US bank crisis means for Australia

The Saturday Paper

Tim Buckley (a former senior executive at Citigroup and Deutsche Bank) on the banking crisis: “Regulatory warnings about banks’ risk management without consequences are a waste of time. Will anyone go to jail? No. That was one of the issues I had at Citigroup – it was a one-way bet that management would be rewarded while the music plays. And I said but if the music stops, we’re fucked. ‘But the music won’t stop,’ was the response.” Read more
CEF in the media  |  Mar 24, 2023

Explained: Labor’s safeguard mechanism to cut emissions from big polluters

News Corp papers

In this Safeguard mechanism explainer across News Corp papers, Tim Buckley notes that “any price increases arising from the safeguard mechanism would be “immaterial” in terms of the overall impact of energy prices and resulting wider inflation, with extreme weather events having a much greater impact on an Australian business’s bottom line than any costs they would incur under the mechanism”, citing the “$8.5 billion in losses caused by flooding in 2022 alone”. The story further covers the findings of Professor Ian Lowe’s report that the legislation for the safeguard mechanism radically underestimates Australia’s current and future methane emissions, and its massive climate impacts. Read more
CEF in the media  |  Mar 24, 2023

Safeguard mechanism ‘irretrievably flawed’ on methane

Canberra Times

Across Canberra Times and 100+ mastheads, Tim Buckley comments on the new report by Professor by Ian Lowe revealing that methane comprises the 70% of emissions from fossil fuel facilities under the Safeguard mechanism: “The report highlights the critical need to differentiate between methane and carbon dioxide, and endorses an emissions budget as an additional safeguard. Setting a maximum limit on emissions for this decade would mean new entrants would be determined within that budget, and not freely added to national emissions.” Read more
CEF in the media  |  Mar 24, 2023

“Criminally irresponsible:” Report finds methane bomb buried in Safeguard design

Renew Economy

A new report from Professor Ian Lowe, commissioned by Lock the Gate, shows that the vast majority of emissions from fossil fuel facilities covered by the Safeguard Mechanism are climate-wrecking methane when calculated over 20 years – 85 times more potent than CO2 in the near term. Tim Buckley comments: “We have a global climate emergency that needs critical attention this decade and next. As such, applying a global warming potential assessment of 100 years to emissions (as the CER does) dramatically understates the destructive cost of methane. We need to evaluate its global warming potential over 20 years as Woodside Energy, our biggest methane producer and exporter, advocates. On a 20 year basis, methane represents 69% of all emissions from the 215 facilities covered by the Safeguard Mechanism and over half of all Australian domestic emissions.” Read more
CEF in the media  |  Mar 24, 2023

Tim Buckley interview: new report shows we need to differentiate between methane and CO2 in safeguard mechanism

Sky News

Tim Buckley speaks with Sky Breakfast on the new report finding that 70% of emissions under the SGM are methane from fossil fuel facilities, and the blindspot in the legislation that fails to differentiate between CO2 and methane – which is 85 times more damaging to climate in the short term. Tim discusses key solutions, principally a high, rising price on carbon to drive new cleantech and decarbonisation, and potential developments to cut methane such as asparagopsis to reduce emissions from ruminant cattle. Read more
CEF in the media  |  Mar 22, 2023

Australia’s climate targets could go up in smoke amid planned increase in coal, gas use: report

South China Morning Post

Meanwhile, Xuyang Dong, a China energy policy analyst for Australian think tank Climate Energy Finance, said the Australian media’s hand-wringing over a possible war with China has clouded the country’s focus on the greater threat of climate change. “Diversifying Australia’s security strategy to encompass these concerns is inarguably important because China is no longer the only, or major, threat to the world, or to Australia,” Dong said on Tuesday. “Climate change and the energy crisis are clearly endangering Australia’s national interests now, and require more nuanced conversations to tackle.” Read more
CEF in the media  |  Mar 20, 2023

Tim Buckley on ABC Sydney: as IPCC warns of potential climate catastrophe, global decarbonisation is accelerating

ABC 702 Sydney

The IPCC’s latest report this week again sounded the alarm that the window to avert climate catastrophe is closing. But there is hope. On the positive side of the ledger, Tim Buckley breaks down the huge policy and investment shifts that are driving a massive uptick in energy transition, including the US Inflation Reduction Act and the EU’s Net Zero Industry Act. Read more
CEF in the media  |  Mar 17, 2023

OP ED | EU piles pressure on Australia to seize once-in-a-century cleantech opportunity

Renew Economy

The global race to decarbonisation has massively escalated with new regulations designed to turbocharge and onshore cleantech in the European Commission nations. Australia is positioned to emerge as a value-added critical minerals superpower Read more
CEF in the media  |  Mar 16, 2023

Allegra Spender and Tim Buckley discuss the Safe Guard Mechanism and Australia’s climate plan

Owned online/ social media

In this online presentation Teal MP Allegra Spender and CEF’s Tim Buckley engage in a discussion breaking down Australia’s climate policy and its key centrepiece, the Safeguard Mechanism designed to drive down emissions by Australia’s 215 biggest polluters. Read more
CEF in the media  |  Mar 16, 2023

OP ED | There is no “gas shortage”, just a shortage of ethics and integrity from gas cartel

Renew Economy

AEMO’s assertion in its Gas Statement today that we need more new supply to offset purported imminent shortages is bizarre and counterintuitive. There is no shortage, just a cartel with a chronic shortage of ethics extorting Australians as they export the majority of domestic production and rake in obscene war profits. It should be a major priority for AEMO to provide rule modernisations incentivising new technologies to rapidly decarbonise our grid and decouple from extortionate, polluting, volatile fossil fuels. Read our take. Read more
CEF in the media  |  Mar 15, 2023

Tim Buckley on AEMO’s Gas Statement of Opportunities

ABC TV News Channel

Tim Buckley talks to AEMO’s ESOO noting that its statement there is a shortage of gas is bizarre when production has tripled in the last 10 years, and the only shortage is an ethics deficit from the extortionate multinational gas cartel extracting superprofits as they export Australia’s sovereign resources and smash Australians with energy price hyperinflation. Read more

Sign up for updates

Sign up to receive occasional updates on major climate and energy finance news and developments, and notification of new reports, presentations and resources.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Read our privacy statement here.