Wind farm turbines on the water

Media

CEF in the media  |  Feb 21, 2023

Electricity shortages predicted from 2027, with threats of blackouts on east coast

Channel 9 News

Tim Buckley comments on today’s release by the Australian Energy Market Operator of its electricity market update, noting there has been significant progress on decarbonising the energy grid in the past six months, with a 209 gigawatt pipeline of new firmed renewables proposals worth over $250 billion, highlighting the massive regional employment and investment opportunities from decarbonisation – but also observing the urgent need for further capacity investment to offset exiting fossil fuels. Read more
CEF in the media  |  Feb 21, 2023

Gautam Adani: Will tycoon’s $100bn loss hit India’s green energy dreams?

BBC

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
CEF in the media  |  Feb 20, 2023

‘Brazen cronyism’: All eyes on Modi following explosive Adani allegations

Crikey

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
CEF in the media  |  Feb 18, 2023

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
CEF in the media  |  Feb 18, 2023

Inside The Offshore Empire Helmed By Gautam Adani’s Older Brother 

Forbes

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
CEF in the media  |  Feb 17, 2023

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
CEF in the media  |  Feb 16, 2023

Bowen says no to coal and gas ban, yes to more “sensible” discussions with Greens

Renew Economy

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
CEF in the media  |  Feb 16, 2023

Renew Economy webinar

Renew Economy

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
CEF in the media  |  Feb 16, 2023

Solar panel prices are tipped to fall after years of increases, so when’s the best time to buy?

ABC online

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
CEF in the media  |  Feb 16, 2023

Could trouble for Adani trip up Narendra Modi?

The Guardian

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
CEF in the media  |  Feb 15, 2023

The Adani Group Saga Is Far From Over

Time magazine

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
CEF in the media  |  Feb 15, 2023

Australian carbon credit prices weaken amid pushback against emissions scheme reform

S&P Global

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
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