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Tim Buckley, a former investment banker and the director of Climate Energy Finance, said the company was structured so that it wouldn’t pay corporate tax in Australia. “This is a perfect example of why Australia needs new rules that ensure foreign entities have a sensible capital structure,” said Buckley, who advocates for changes that would limit the amount of deductions a business can make to reduce tax. Read more

Bonaparte. Jointly owned by Inpex, Woodside and TotalEnergies, it exists to bury carbon dioxide from Inpex’s polluting Ichthys LNG plant off Darwin. It generates no energy of any kind. Yet federal Industry and Innovation Minister Tim Ayres granted it Major Project Status and folded it into a suite of announcements he called “renewable energy” initiatives. Clean energy analyst Tim Buckley called that framing “a seriously dangerous error,” and he’s right: when a minister can’t or won’t distinguish generating clean renewable power from dumping a gas plant’s pollution under the ocean. This is what carbon capture of government looks like. Read more

Experts in solar energy say while Australians have installed a huge number of panels over the years, there’s another big hurdle the country must overcome; mastering the use of robots and prefabrication. Read more

The top 18 recipients of the fuel tax credits collectively received a $3.3 billion rebate for the diesel they used over 2024-25. Under the Safeguard Mechanism, they paid just $150m. That’s a ratio of 22 to one. The analysis is from Climate Integrity, a not-for-profit group focused on corporate accountability, which commissioned Tim Baxter from NARU Research to look at the latest figures from Climate Energy Finance. Read more

Tim Buckley, founder and director of the Australian think tank Climate Energy Finance, told China Daily that the latest decision for a pre-feasibility study into a new oil refinery is “a massive own goal, one that will do nothing to build Australia’s energy security in the short or medium term”. By the time any resulting plant is operational in five to 10 years, it will “undermine Australian energy security by locking in our dependence on imported fossil fuels for many decades to come, undermining our energy system transformation in alignment with the climate science,” he said. Read more

Australia could unlock billions of dollars in manufacturing investment by accelerating the development of low-emissions steelmaking, according to a new report from Climate Energy Finance (CEF), which warns that the country’s iron ore export industry faces growing exposure as global steelmakers decarbonise. Read more

Tim Buckley, director at Climate Energy Finance, says D’Ambrosio has been an “absolute powerhouse” for more than a decade, brilliantly championing the energy transition and decarbonisation. “This is a big loss to Australia’s energy transformation leadership,” Buckley said in a statement on Thursday. Read more

Syndicated across 100+ mastheads The findings come more than a year after the federal government launched a $1 billion Green Iron Investment Fund to support early projects and the Whyalla steelworks transformation, but also as large-scale green iron facilities failed to reach a final investment decision. The group’s study, Arc of Ambition, analysed Australian and international efforts to produce and use green steel and iron. It found making green steel was the second-largest decarbonisation opportunity in the world and one in which Australia, as the world’s largest iron ore exporter, could play a major role. Read more

Main Story – Our new CEF Report: Arc of Ambition: Decarbonising and Safeguarding Australia’s Steel Industry Highlights – ‘Message to the haters’ AFR Headline Lowlights – China solar capacity installs in 1HCY2026 down Read more

This was from the Energy Newsletter today: Australia could construct electric arc furnaces for green manufacturing in Collie (WA), Whyalla (SA) and greater Brisbane (Qld) as soon as next year, unlocking billions in investment to support large-scale new firmed renewable-energy capacity, according to a new report from think tank Climate Energy Finance. The report calls for a National Iron and Steel Decarbonisation Strategy and a Carbon Border Adjustment Mechanism to support investment in green onshore steelmaking. Read more

Globally, the iron and steel industry’s decarbonisation trajectory – key to tackling climate change, given the sector generated close to 10% of emissions – is advancing. But it is doing so haltingly, and at a pace that remains misaligned with the rate required to meet global emissions reduction obligations. Read more

A new report from independent think tank Climate Energy Finance (CEF), Arc of Ambition, calls for a National Iron and Steel Decarbonisation Strategy, a Carbon Border Adjustment Mechanism, and timely strategic investment in green onshore steelmaking as urgent national policy priorities. This would position regional Australia in global iron and steel supply chains, as the steel sector irreversibly transitions away from highly-polluting fossil fuel-based production. Read more