CEF in the media
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.
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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.
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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.
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OP ED | Clean energy is the only solution to soaring power prices
The New Daily
As the Australian Energy Regulator announces a projected 20% rise in retail electricity prices from July 1 – a hike which would have been closer to 40-50% had the Albanese government not intervened to cap domestic wholesale coal and gas prices in December last year – we look at the causes and solutions of the energy price crisis.
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‘Clean’ hydrogen from coal? Japan’s betting $2bn on Latrobe Valley getting the tech right
Stockhead
Tim Buckley comments on the Japanese government sinking $2bn into a coal gasification to hydrogen project in Victoria: “Last time I checked, there won’t be a ship ready to transport hydrogen in the next decade… it looks like they are pushing carbon capture storage and hydrogen shipping – neither of which are proven technologies. If the Japanese government want to commit $2bn into an unproven pilot facility, good luck to them, but I don’t want to see a huge amount of taxpayer money going into a project that is designed to promote the extension of more high emitting coal gasification technologies that have continually failed to work globally.”
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With solar prices tipped to fall, when’s the best time to buy?
PS News
Tim Buckley: “I’m forecasting 10 per cent annual module price reductions over the next decade. Module prices are falling — and the speed of the fall is accelerating” as the number of solar panel manufacturing facilities being built in China dramatically escalates. Global solar PV annual production capacity will triple by the end of the year, with most of the new capacity in China.
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As Adani Group saga casts a shadow over Modi and India’s economy, will both emerge unscathed?
South China Morning Post
Two years ago, PM Modi vowed that half India’s energy needs would come from renewables by 2030, and Adani unveiled plans to spend US$70bn on green investments, such as batteries, solar and green hydrogen.
Post the Hindenburg report allegations, Tim Buckley said: “The Adani Group is unlikely to be able to access any material amount of new capital to complete the proposed green-investment pipeline beyond the existing new facilities already financed and under development”.
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Heads Adani Wins, Tails Bangladesh Loses: A Lopsided Power Deal
The Wire
Tim Buckley on Adani’s deal to sell power from its Godda plant to Bangladesh: “This appears to be the most expensive, lopsided contract to replenish the pockets of the ex-richest man in Asia, at the expense of the people in Bangladesh.”
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Thanks to BHP, this Noosa coal salesman is worth $450m
The Australian Financial Review
On the purchase by a little known Australian investor, with Indonesian partners, of two coal mines divested by BHP, Tim Buckley notes: “Divestment by credible leading Australian companies to far-less accountable Indonesian family-controlled companies, in isolation, does little to solve the climate crisis. On the positive, it does progressively starve the fossil fuel sector of capital and acknowledges the fossil fuel sector’s progressive loss of a social licence to operate.”
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Australia’s once in a century value-added critical minerals opportunity needs urgent action
Sky News
Tim Buckley speaks to CEF’s new critical minerals report, which details how the massive acceleration in the global energy transition is increasing demand for critical minerals, presenting a multihundred billion dollar opportunity for Australia to leverage its rich reserves and lead the world in production, processing and manufacture.
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Australia’s critical minerals pipeline valued at $10 billion
PV Magazine
CEF’s major new report on crtical minerals urges targeted, ambitious policy incentives and strategic co-investment to solidify Australia’s position in the growing market.
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Australia urged to move faster towards onshore critical mineral mining
ABC TV The Business
Tim Buckley discusses CEF’s major new report on Australia’s multihundred billion dollar critical minerals and metals opportunity, saying Australia must pivot rapidly to invest in onshoring refining and manufacture of its abundant energy transition materials to secure a leading position in the new world economy.
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