Media

Tim Buckley comments on the launch of the Climate Capital Forum’s federal energy roadmap today, which urges a comprehensive program of policy reform to ensure Australia acts rapidly on its world-leading opportunities to transition its economy and trade to new, clean energy industries: “The biggest issue Australia is going to face is we exported $200 billion of fossil fuels last year, and when the world delivers on the climate science that $200 billion is going to go close to zero very quickly.” Read more

Tim Buckley discusses the new Climate Capital Forum’s federal policy roadmap released today, with Kieran Gilbert on Sky Afternoon Agenda, outlining the exceptional opportunities Australia has to position itself as a global zero-emissions trade and investment superpower, transforming our economy as we act on climate. Read more

In this story syndicated across 100+ mastheads, Tim Buckley notes that the impacts of climate change pose a significant threat to Australia’s economy, not the least given our historically dominant exposure to fossil fuel exports, requiring a strategic response to leverage the massive, once-in-a-century export, regional employment and investment opportunities of the energy transition. Read more

Tim Buckley interviewed on RN Drive re Hindenburg’s fraud accusations against Adani Group, which centre on stock manipulation, money laundering, failure to declare conflicts of interests and accounting irregularities, go back some two decades, and remain unresolved. Will this amount to more water under the bridge for Gautam Adani? Notably, this is the first time the allegations have been raised in the US under the purview of the SEC. Read more

Tim Buckley comments for Forbes on research firm Hindenburg’s explosive allegations of fraud by Adani Group, noting that Wall Street only began to warm up to Adani when he sought financing for Adani Green Energy, the conglomerate’s renewable energy subsidiary. However, the money raised by Adani Green or Adani Ports may “just get transferred to Adani Power and Adani Enterprises, and then goes towards building more coal fired power plants or more coal mines.” Read more

Tim Buckley said financial restructuring at Adani leading up to the pandemic had made it less susceptible to a shock. While the Hindenburg allegations of fraud and other corporate misdeeds “will hamper their access to Wall Street, categorically…Adani is not, in my view, a house of cards unless the Hindenburg research results in a serious, credible, full response from the SEC”. Read more

The Queensland government will invest $75 million in a critical minerals demonstration facility in Townsville, heralding a pivot to onshore value-adding. As Australia looks to establish itself as a leader in the sector,Tim Buckley notes that the federal government needs to enforce sensible regulations around the whole ecosystem early, including recycling, processing facility efficiency and carbon and pollution standards to ensure social licence. Read more

Tim Buckley writes that fossil fuels sank to their lowest-ever levels across Australia’s east-coast electricity mix in the final three months of 2022 as renewable energy overtook black coal for the first time in the history of the grid. Renewables hit a record high, providing on average 40.4% of the grid’s supply during 4Q2022. Read more

Tim Buckley comments on the AEMO Quarterly Energy Dynamics report for Q4 2022 which shows prices on the electricity futures market more than halved in the final three months of 2022 after the government intervention, as renewables set new records He notes coal and gas are in structural terminal decline, and the energy disruptions and hyperinflation of 2022 have highlighted the imperative to move to renewables as the solution. Read more

Tim Buckley reflects on AEMO’s Quarterly Energy Dynamics report for Q4 2022. While rampant hyperinflation of fossil fuels caused mass disruption in 2022, the underlying trends are clear – and the burgeoning of renewables and decline of coal and gas in the grid ultimately spell permanent price relief. Read more

Tim Buckley in an extensive interview on the burgeoning potential of off-grid, gigawatt scale solar in Australia and elsewhere. “Grid-connected utility scale solar in markets such as Australia and the US is going to be cannibalised by rooftop solar. If, as expected, Australia has 68 GW of rooftop solar in 2050, the volume of excess electricity injected into the network should mean grid power will be virtually free 10 a.m. to 5 p.m. That would mean utility solar only being viable alongside energy storage which would enable it to shift loads into the evening.” Read more

Tim Buckley: “The idea of blending hydrogen and diesel together in an existing engine is something of a Holy Grail for decarbonising heavy industry and mining” but “Can research engineers actually deploy it in a commercial setting outside the university?” Read more