AGL China Coal Critical minerals Decarbonisation Electricity/electrification Energy crisis Hydrogen India & Adani Taxes and subsidies US IRA/EU NZIA et al
Japanese ambassador takes ‘highly unusual’ campaign against Queensland coal royalty hike to mining forum
The Guardian
Tim Buckley says that QLD’s new tiered coal royalty regime structured to capture windfall profits will net $6.4bn more this FY than under the state’s previous royalty regime, while coalminers would still get 80% of QLD’s coal export bonanza – up to $62bn in revenue and record profits of more than $30bn before interest and corporate tax – making the industry campaign against the regime hot air.
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Does Australia have the stomach to become a critical minerals superpower?
PV Magazine
Tim Buckley comments that public opposition has the potential to undercut the burgeoning critical minerals industry unless governments enforce “sensible regulations” early, including recycling, processing facility efficiency and carbon standards and pollution.
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Wilkie alleges coal exporters have been lying about how clean their product is
ABC Radio National PM
Tim Buckley speaks to the scale and significance of the coal export over-invoicing scam, noting it’s been going on for 13 years, and affects billions of tonnes of coal and potentially a trillion dollars worth of exports to our most valued trading partners including Japan, South Korea, China and India.
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Wilkie calls out Australia “clean coal scam” that puts country’s reputation at stake
Renew Economy
Tim Buckley, who has studied the allegations over the last two years, said the coal testing scam which falsifies coal quality documentation was a significant issue for Australia, and could affect exports in the hundreds of billions of dollars.
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Inside Mike Cannon-Brookes AGL coup
The Saturday Paper
Tim Buckley said, “Shareholders lost $10 billion of wealth as a result of [the previous leadership’s] failing to realise the magnitude of change that was coming and act on the climate science”. The AGM coup is “a win for the rejuvenation of AGL. We now have the board majority with a very clear mandate to actually work on behalf of all shareholders.”
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Gas well methane leaks a ‘huge’ environmental and economic issue, BP’s Bernard Looney says
ABC online
“Tim Buckley, a prominent renewable energy advocate said the importance of preventing methane emissions should not be underestimated. ‘It is literally a quarter of the world’s greenhouse gas emissions every year’.”
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Can a country live on renewable energy alone?
BBC
In this feature on BBC World Service’s Inquiry program, Tim Buckley is one of four world-leading experts invited to answer the question ‘Can a country live on renewable energy alone?’
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ADB’s plant retirement plan asks investors to back coal now to ditch it later
Reuters
Tim Buckley says the Asian Development Bank’s plan to retire coal plants early, assuming the deployment of replacement firmed renewables capacity, “is an excellent first example of how the developed world can help finance decarbonisation of energy in emerging markets whilst also ensuring energy security and reliability”
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AGL AGM: a victory for impact investors resets company for zero carbon future
ABC NewsRadio
Tim Buckley in an extended interview on the reform of the board at AGL’s AGM – where strategic impact investors used their shareholder muscle to force board renewal and change in the form of the first ever, long overdue Transition Action Plan from Australia’s biggest fossil.
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Rejuvenation of AGL board a clear mandate to act now on climate and decarbonisation
ABC TV News Channel
Tim Buckley gives the first analysis on ABC TV News Channel of the landmark shift today that saw 4 independent directors elected to the AGL board, heralding a dramatic acceleration of our #1 carbon polluter’s decarbonisation – including a mandate to end coal power by 2035 with a planned transition that rapidly upscales investment in firmed renewables and looks after workers.
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Activists toast AGL victory
The Australian
Tim Buckley joins the Australasian Centre for Corporate Responsibility in welcoming the overhaul of the AGL board today, and the huge opportunities this presents to accelerate transition and scale up renewable investment: “AGL is a key Australian energy sector
incumbent, with financial resources and staffing that can now be leveraged
constructively, with the right leadership.”
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Mike Cannon-Brookes succeeds in shaking up AGL board
The Guardian
Tim Buckley comments on the new dawn at Australia’s biggest carbon polluter AGL today, as 4 independent directors are appointed to the board, ushering in “a turning point” toward decarbonisation and investment in renewables: “This board renewal is critical for AGL investors given the opportunity to start to reverse the $10bn of shareholder wealth destruction in the last six years”.
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