Media

Nuclear power would lead to higher energy costs and more carbon pollution. Tim Buckley mentioned the true cost is much higher than claimed, as 90% of construction expenses occur after 2050 and are left out of the $331 billion estimate used in the LNP’s plan. Read more

Independent think tank Climate Energy Finance says nuclear power leads to permanently higher energy costs and significant carbon pollution. Read more

n the lead-up to Australia’s election, the cost of living crisis remains a key issue. Labor has proposed a 30% subsidy on household batteries linked to solar energy, which could save individuals over $1,000 annually on electricity bills. However, some homes, especially apartments, may not benefit due to limitations in installing solar systems. Read more

If Labor wins the next election, it promises a 30% subsidy on home batteries, capped at one battery per household, with the subsidy renewed yearly. Tim Buckley, director of Climate Energy Finance, supports the plan, noting that it could reduce battery costs, which can exceed $10,000, by around $3,000, benefiting households with significant savings. Read more

China has emerged as the global leader in clean technology, making significant strides in renewable energy technology, manufacturing, domestic deployments […] Read more

Tim explains that power prices are rising because Queensland hasn’t built enough new energy capacity to replace old coal-fired plants. In Queensland, prices are going up by 3-5%, while Victoria’s increase is lower at 1-3%. Read more

Tim, an expert in energy finance, argues that while renewables are not costly, Australia hasn’t built enough renewable energy capacity. He opposes nuclear power as a distraction in Australia, saying it’s too expensive and would raise prices. Instead, he recommends people use rooftop solar and batteries to cut their energy bills by up to 80%. The transition to renewables could happen faster than some politicians say, and individuals can help by using solar power and reducing grid energy use. Read more

BP returns to fossil fuels – New CEO scraps most clean energy plans. Failed green transition – Former CEO Bernard Looney tried to shift BP towards renewables, now consigned to history.  The world is investing twice as much in clean energy as in fossil fuels, with China leading the charge. Read more

Tim Buckley from Climate Energy Finance joined Melinda James this morning on Illawarra Breakfast on ABC Illawarra to discuss the latest developments in the steel industry and green energy. Tune in for insights! Tim’s exclusive interview can be heard at this link from 2:15:00 to 2:23:35” Read more

Australia’s energy transition is progressing well, with renewable energy accounting for 46% of total energy by the fourth quarter of 2024, according to the Australian Energy Market Operator (AEMO). This places us more than halfway to our target of 82% renewable energy by 2030, with six years to go. Read more