Wind farm turbines on the water

Media

CEF in the media  |  Feb 6, 2024

Shock at call for moratorium on ‘reckless renewables’

AAP

Blair Palese, Founder, Climate Capital Forum comments on the Coalition’s campaign to suspend investment in decarbonisation , calling it “reckless and short sighted”. Read more
CEF in the media  |  Feb 6, 2024

Rally betrays anti-renewables desperation, as Joyce calls on “army” to go home and recruit

Renew Economy

Clean Energy Finance director Tim Buckley says extensive community consultation, including with landholders, communities and First Nations peoples must be central to planning for the rollout of renewables. But “so should pivoting policy momentum and public capital to our massive, once in a century opportunity to establish Australia as a renewable energy and zero-emissions trade and investment superpower. Read more
CEF in the media  |  Feb 5, 2024

Tim Buckley on the Charging Sessions podcast

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Tim Buckley speaks to Charging Sessions podcast about the energy and eMobility transition Read more
CEF in the media  |  Feb 2, 2024

Asean renewable energy sector gets boost from China’s solar projects, faces hurdle of fossil fuels reliance

South China Morning Post

“The result is that China has a dramatically larger capacity to export solar modules as 2024 and 2025 unfold, and the resulting global oversupply is pushing [solar] module prices down dramatically,” said Tim Buckley, Sydney-based director of Climate Energy Finance. China’s export prices of modules have halved, and their efficiencies have improved dramatically because of investments in research and development, he said. “All of this is increasing the commercial viability of solar relative to alternative sources of electricity, both within China and in the wider Asian markets and globally,” Buckley said. Though its early days, China should be able to leverage its leadership with trade partners in Asia, Africa and South America, he added. Read more
CEF in the media  |  Feb 2, 2024

The Future Fund already invests in Australia. Could it be asked to do more?

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Lachlan Maddock, Editor of Investor Strategy News points to Climate Capital Forum’s proposal in its pre-budget submission for the Future Fund to include a “strategic national interest objective”. Read more
Media Releases  |  Feb 1, 2024

BlueScope receives funding for lower emissions project

FS Sustainability

Climate Capital Forum founder Blair Palese comments on federal government grant to Bluescope Steel for work to reline existing arc furnace in Port Kembla through Critical Inputs to Clean Energy Industries program. “There is no time left for federal government support for anything except strategies to fully decarbonise as global demand for net-zero materials grows exponentially,” she said. Read more
CEF in the media  |  Feb 1, 2024

BlueScope ‘old’ blast furnace grant slammed by experts

The Australian Financial Review

Blair Palese, Climate Capital Forum founder criticises a $137 million federal grant to BlueScope Steel for a $1.15 billion upgrade of its Port Kembla blast furnace. “We need policy vision and ambition that encourages this transition, not more support for existing emission-intensive industries.” Read more
CEF in the media  |  Jan 31, 2024

Bill shock to ease as cost of power falls, solar shines

Yahoo

Energy analyst Tim Buckley said the regulator would set the next Default Market Offer, which determined what consumers pay, in coming months after wholesale electricity prices halved in the past year. “This follows the progressive unwinding of two years of hyperinflation in coal and gas commodity prices, both internationally and in our domestic energy markets,” he said. Wind and solar supported by big batteries and transmission are expected to bring permanently lower prices for homes, businesses and industry. “After two years of 20 per cent annual retail electricity price rises, consumers can hope for some real energy cost of living relief,” he said. Read more
CEF in the media  |  Jan 31, 2024

Renewables helping drive down energy prices

ABC Radio National AM

Amid the cost of living crisis one ray of sunshine of late has been falling energy prices. And while the mild weather, lower fuel costs and fewer coal supply issues have played a part, the increase in cheap wind and solar energy has also been helping to drive down the cost of keeping the lights on and heating and cooling our homes and businesses. Read more
CEF in the media  |  Jan 31, 2024

Spot prices point to mid-year energy relief for households

The Sydney Morning Herald

Tim Buckley, the director of think tank Climate Energy Finance, said consumers want real energy cost-of-living relief after two years of 20 per cent annual hikes in retail electricity prices, particularly now that wholesale prices halved last year. “This follows the progressive unwinding of two years of hyperinflation in coal and gas commodity prices, both internationally and in our domestic energy markets,” Buckley said. Read more
Media Releases  |  Jan 31, 2024

Green Steel Supply Chains are Australia’s Top Decarbonisation Opportunity

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Allocating taxpayer monies to support BlueScope Steel to invest $1bn to lock in high emissions blast furnace technology for the next 20 years is a missed opportunity according to Climate Capital Forum. Much stronger incentives are urgently needed to reduce – not support new – fossil fuel powered production. Read more
CEF in the media  |  Jan 28, 2024

New report leads to closure of massive coal power plant: ‘No reason why the taxpayer should be on the hook’

Yahoo

Australia can close down its largest coal-fired power plant and the residents of New South Wales wouldn’t experience any interruption in their electricity, according to a new report. CEF director Tim Buckley analyzed the 2024-2030 power sector and determined NSW will get along just fine without depending on dirty old coal. “There is no reason why the taxpayer should be on the hook for multiples of hundreds of millions of dollars to keep Eraring open,” said Buckley Read more
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