AGL China Critical minerals Decarbonisation Energy crisis Hydrogen India & Adani Windfall tax
Gautam Adani: Will tycoon’s $100bn loss hit India’s green energy dreams?
In this feature, Tim Buckley notes that Adani’s troubles since it was accused of the world’s biggest con by Wall St research firm Hindenburg presents “huge potential capacity for other national players to step up, leveraging their domestic skills and capacity, combined with expanding global capital access and interest in investing in Indian renewables and grid infrastructure”. Read more
‘Brazen cronyism’: All eyes on Modi following explosive Adani allegations
Tim Buckley told Crikey it’s clear the “pervasive corrupting influence of coal [is] permeating through all government decisions” as India eyes potential global superpower status and “Adani leverages crony capitalism for everything he can milk from it.” Read more
Can carbon offsets land a blow on climate change?
Sydney Morning Herald
The price on carbon in the safeguard mechanism will be capped at $75/tonne, increasing annually by CPI plus 2 per cent to a possible $100 by 2030. Tim Buckley notes this means that by 2030 the companies that own the polluting facilities can either invest in new clean technologies or processes, or cop a collective $4.9 billion annual hit, which will double again to $9 billion by 2035. Read more
Inside The Offshore Empire Helmed By Gautam Adani’s Older Brother
Tim Buckley in this Forbes magazine story on Adani’s brother in light of the Hindenburg allegations: “I’ve always thought it was a partnership. Gautam was the warm, cuddly, friendly public face of the pair, and Vinod the mastermind in the private tax haven, the real puppet master.” Read more
The Adani Group and India’s Foreign Policy
South Asian Voices
A feature on Adani’s international investments and their intersections with India’s foreign policy from Washington based think tank the Stimson Centre quotes Tim Buckley’s commentary from Washington Post. Read more
Bowen says no to coal and gas ban, yes to more “sensible” discussions with Greens
Tim Buckley comments as the Greens decline to support federal Safeguard Mechanism reforms unless the government commits to banning new coal and gas: while “any argument that Australia needs new coal and gas supplies is pure fossil fuel spin” there is a need for a well regulated carbon market, complete with high quality offsets. “People are underestimating the financial benefit of getting a high, regulated price on carbon into the Australian economy. That is a massive win.” Read more
Renew Economy webinar
Tim Buckley joins Renew Economy editor Giles Parkinson, and Lisa Balk and Ed Ahmed from Grid Beyond, in this webinar presentation exploring “Crisis, contingencies and the green energy transition”. Read more
Solar panel prices are tipped to fall after years of increases, so when’s the best time to buy?
Tim Buckley predicts 10 per cent annual solar module price reductions over the next decade, with prices falling and the speed of the fall accelerating as existing global solar PV annual production capacity triples by the end of the year, with most of the new capacity in China. Read more
Could trouble for Adani trip up Narendra Modi?
Indian PM Modi is accused of helping Adani secure lucrative coal deals. Tim Buckley: “It’s interesting how the bigger Adani got in coal mining in India, the less momentum towards decarbonisation the Indian government seemed to be pursuing,” Read more
The Adani Group Saga Is Far From Over
This Time magazine story summarises the post-Hindenburg report Adani crisis, quoting Tim Buckley on the fact that the allegations of the “world’s biggest con” mean the conglomerate will need to scale back its plans as it struggles to raise capital Read more
Australian carbon credit prices weaken amid pushback against emissions scheme reform
Tim Buckley on the Safeguard Mechanism debate: “Australian industry now knows action is inevitable, but they have largely failed to prepare or plan for this, given the energy and climate policy chaos of the last decade. So the affected players are saying they need offsets at least initially because they realistically have ignored the science and failed till now to prepare.” Read more
Adani hit with investigation by Indian regulators as shares tumble again
As Indian financial regulator the Securities and Investments Board of India investigates Adani, Tim Buckley said the Group will try to weather the storm. “It is going into cash preservation mode. Adani might have to sell some assets but it won’t be terminal unless a regulator proves some of the allegations”. Read more