Media

Tim Buckley comments on the Japanese government sinking $2bn into a coal gasification to hydrogen project in Victoria: “Last time I checked, there won’t be a ship ready to transport hydrogen in the next decade… it looks like they are pushing carbon capture storage and hydrogen shipping – neither of which are proven technologies. If the Japanese government want to commit $2bn into an unproven pilot facility, good luck to them, but I don’t want to see a huge amount of taxpayer money going into a project that is designed to promote the extension of more high emitting coal gasification technologies that have continually failed to work globally.” Read more

Tim Buckley: “I’m forecasting 10 per cent annual module price reductions over the next decade. Module prices are falling — and the speed of the fall is accelerating” as the number of solar panel manufacturing facilities being built in China dramatically escalates. Global solar PV annual production capacity will triple by the end of the year, with most of the new capacity in China. Read more

Two years ago, PM Modi vowed that half India’s energy needs would come from renewables by 2030, and Adani unveiled plans to spend US$70bn on green investments, such as batteries, solar and green hydrogen. Post the Hindenburg report allegations, Tim Buckley said: “The Adani Group is unlikely to be able to access any material amount of new capital to complete the proposed green-investment pipeline beyond the existing new facilities already financed and under development”. Read more

Tim Buckley on Adani’s deal to sell power from its Godda plant to Bangladesh: “This appears to be the most expensive, lopsided contract to replenish the pockets of the ex-richest man in Asia, at the expense of the people in Bangladesh.” Read more

On the purchase by a little known Australian investor, with Indonesian partners, of two coal mines divested by BHP, Tim Buckley notes: “Divestment by credible leading Australian companies to far-less accountable Indonesian family-controlled companies, in isolation, does little to solve the climate crisis. On the positive, it does progressively starve the fossil fuel sector of capital and acknowledges the fossil fuel sector’s progressive loss of a social licence to operate.” Read more

Tim Buckley speaks to CEF’s new critical minerals report, which details how the massive acceleration in the global energy transition is increasing demand for critical minerals, presenting a multihundred billion dollar opportunity for Australia to leverage its rich reserves and lead the world in production, processing and manufacture. Read more

CEF’s major new report on crtical minerals urges targeted, ambitious policy incentives and strategic co-investment to solidify Australia’s position in the growing market. Read more

Tim Buckley discusses CEF’s major new report on Australia’s multihundred billion dollar critical minerals and metals opportunity, saying Australia must pivot rapidly to invest in onshoring refining and manufacture of its abundant energy transition materials to secure a leading position in the new world economy. Read more

The US and China are racing ahead with hundreds of billions of dollars of investment in energy transition materials mining, refining and manufacture. Tim Buckley discusses CEF’s new critical minerals report which maps in detail Australia’s key opportunity to seize the moment and take its place at the forefront of the new world economy with its abundant minerals, metals and clean energy. Read more

CEF’s critical minerals report with commentary by Tim Buckley and Dr Alan Finkel featured across 100+ mastheads via AAP. The report calls for urgent action, policy ambition and private investment to leverage Australia’s lucrative opportunity to lead the world in mining, refining and making clean energy products, as it identifies Australia’s “once in a century” opportunity to process critical minerals and manufacture onshore, powered by our abundant renewable energy. Read more

Former chief scientist Dr Alan Finkel on CEF’s new critical minerals report, noting Australia is well-positioned to establish itself as a superpower in the global shift from petrostates to electrostates. Electrostates will be those countries that supply energy transition materials such as critical minerals, or supply renewable energy. Dr Finkel says Australia can be both. With clear direction and heightened ambition from the new government, Australia can be a leading supplier of critical minerals and decarbonised products as the world undertakes its shift to the zero emissions future. Read more

On Adani’s deal with Bangladesh to purchase power from the company’s Godda coal-fired power plant, Tim Buckley said: “The way I would put it is heads Adani wins, tails you lose. The contract is so biased against the interests of Bangladesh to the point that one has to wonder why any sensible person would sign it on behalf of the Bangladeshi government. Read more