Wind farm turbines on the water

Media

CEF in the media  |  Jun 5, 2025

An Asian CBAM: the one tariff the world needs

The Energy

A report by independent think tank Climate Energy Finance (CEF) argues for a carbon border adjustment mechanism (CBAM) applied by key trading partners to help correct the historic market failure to price carbon that has led to the climate crisis. Read more
Media Releases  |  Jun 5, 2025

AUSTRALIA MEDIA RELEASE | NEW REPORT: IN THE MIDST OF A TRADE WAR, THIS IS ONE TARIFF THE WORLD DESPERATELY NEEDS – AND AUSTRALIA SHOULD LEAD

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As Energy Minister Bowen flags a carbon tariff on some imports, Australia well placed to lead development of a path towards a regional Asian Carbon Border Adjustment Mechanism Read more
Media Releases  |  Jun 5, 2025

GLOBAL MEDIA RELEASE | NEW REPORT: IN THE MIDST OF A TRADE WAR, THIS IS ONE TARIFF ASIA DESPERATELY NEEDS  

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Australia is well placed to lead development of a path towards a regional Asian Carbon Border Adjustment Mechanism involving China, Australia, Japan, Singapore and South Korea, as it bids to host COP31. China, as the world leader in decarbonisation and in steel, aluminum and cement, is key. Read more
CEF in the media  |  Jun 4, 2025

Australian government juggles climate transition with support for gas projects

Green Central Banking

Australia’s landslide vote for the Labor Party in early May has given the government a clear mandate to tackle climate change as it makes a bid with Pacific countries to host Cop31 in 2026. More public spending to support the renewable energy transition is expected, even as the government conditionally approved an extension to 2070 of one of the biggest liquefied natural gas projects in the world. Australia is one of the biggest exporters of natural gas in the world. Read more
CEF in the media  |  Jun 3, 2025

Doyen of global energy security or ‘climate criminal’

The Energy

Woodside expects annual sales volumes to be almost 50 per cent higher in the 2030s than they are today but insists the company has not walked away from its “Paris-aligned climate targets”. O’Neill joined as Chief Operations Officer in 2018 and was appointed CEO in 2021, overseeing the $40 billion merger with BHP’s petroleum assets as the mining giant opted to reduce its carbon emissions and increase its exposure to the energy transition. Development of the US$17.5 billion Louisiana LNG (LLNG) project will catapult Woodside into the top echelon by enabling the company to deliver approximately 24 Mtpa from its global LNG portfolio in the 2030s, and operating over 5 per cent of global LNG supply. Read more
CEF in the media  |  Jun 3, 2025

What gets Meg O’Neill up in the morning

The Energy

Expert view “The Safeguard Mechanism only accounts for Scope 1 direct emissions, and Woodside reports that Scope 3 is 93% of CY2024 total emissions (Scope 1-3). So, the vast majority of the massive nature of the climate bomb that is the North West Shelf is the exported emissions beyond the scope of the Safeguard Mechanism, including the methane burned in the electricity generation for the processing of methane into LNG. Woodside could progressively decarbonise their electricity emissions by incorporating solar, wind and BESS, but there is zero interest from the board or management leadership to do this so far. Read more
CEF in the media  |  Jun 2, 2025

Albanese to tackle Gas Cartel, could it finally be true?

Michael West Media

MWM has been calling for gas reservation for ten years. The problem is that 84% of gas is exported and, as energy analyst Tim Buckley puts it, “Ridiculously high domestic methane prices also massively drives the Australian energy cost of living crisis, both directly into homes and indirectly by driving up wholesale electricity prices. Gas electricity generators have charged an average A$200/MWh in 1HCY2025, double the $97/MWh NEM average to-date”. Read more
CEF in the media Podcasts  |  Jun 1, 2025

PODCAST | Tim & Grant McDowell on Spark Club: China’s Emissions Drop, Solar Soars

Spark Club Podcast

The Highlights * Labor’s re-election * Bradfield recount – a celebration of the integrity of our voting system * Labor’s Residential Battery Program – Minister Bowen re-commits to his election pledge of $2.3bn home and business BESS subsidy * Australia on track to see utility BESS increase 8x to 16GW by end 2027 The Big Story this week * China emissions peaked in March 2024, and now for 12 months have plateaued and marginally declined * 4MCY2025 thermal power generation in China down 3.6% yoy * China installs 46GW of solar in just the single month of April 2025 Read more
CEF in the media  |  May 30, 2025

How Australia’s landslide vote for Labor is a win for renewables

Climate & Capital Media

The unexpected landslide victory for Australia’s Labor Prime Minister Anthony Albanese for a second term is good news for global climate action and a strong endorsement of America’s move to clean energy and former President Joe Biden’s $1.2 trillion Inflation Reduction Act (IRA), despite efforts by Trump to dismantle it. Read more
CEF in the media  |  May 30, 2025

Labor’s gas reservation policy puts industry on notice

The Nightly

For years, experts have been calling on the Government to stand up to the gas industry and demand not only a greater slice of their supply for domestic use, but also fairer prices. Around 80 per cent of Australia’s gas, on average, is exported. Meanwhile, wholesale gas prices have doubled from where they were four years ago. Read more
CEF in the media  |  May 29, 2025

Investment in big batteries booms as Australia’s energy transition gathers pace

The Guardian

The director of Clean Energy Finance, Tim Buckley, said there was cause for optimism but maintaining the pace of investment and developmentrequired much quicker approvals, construction and commissioning. “We need to get speed and scale way beyond current rates, particularly with extended delays to grid connection,” he said. Read more
CEF in the media  |  May 29, 2025

OP ED | Here’s a plan to unlock Australia’s clean commodity export potential

The Australian Financial Review

The answer is increasingly clear. Australia’s largest economic opportunity lies in transforming from a conventional commodity exporter into a global supplier of clean commodities like green iron, sustainable aviation fuel, green aluminium, and clean ammonia. This opportunity is well documented. Reports from The Superpower Institute, Climate Energy Finance, and others make the case for investment in value-added clean exports that align with global demand and climate trajectories. Read more
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