Media

Tim Buckley says the Asian Development Bank’s plan to retire coal plants early, assuming the deployment of replacement firmed renewables capacity, “is an excellent first example of how the developed world can help finance decarbonisation of energy in emerging markets whilst also ensuring energy security and reliability” Read more

Tim Buckley in an extended interview on the reform of the board at AGL’s AGM – where strategic impact investors used their shareholder muscle to force board renewal and change in the form of the first ever, long overdue Transition Action Plan from Australia’s biggest fossil. Read more

Tim Buckley gives the first analysis on ABC TV News Channel of the landmark shift today that saw 4 independent directors elected to the AGL board, heralding a dramatic acceleration of our #1 carbon polluter’s decarbonisation – including a mandate to end coal power by 2035 with a planned transition that rapidly upscales investment in firmed renewables and looks after workers. Read more

Tim Buckley joins the Australasian Centre for Corporate Responsibility in welcoming the overhaul of the AGL board today, and the huge opportunities this presents to accelerate transition and scale up renewable investment: “AGL is a key Australian energy sector incumbent, with financial resources and staffing that can now be leveraged constructively, with the right leadership.” Read more

Tim Buckley comments on the new dawn at Australia’s biggest carbon polluter AGL today, as 4 independent directors are appointed to the board, ushering in “a turning point” toward decarbonisation and investment in renewables: “This board renewal is critical for AGL investors given the opportunity to start to reverse the $10bn of shareholder wealth destruction in the last six years”. Read more

Tim Buckley highlights progress on decarbonisation in India and China, noting, for example, that at the current rate of installs, China is on track to reach its 2030 renewables target of 1,200GW five years earlier with a possible plateauing of emissions this decade, ahead of the 2030 official peaking target. Read more

Tim Buckley in an extended interview with Investor Daily looks at the huge private equity bid by Brookfield and MidOcean for Origin Energy, coupled with their $20bn commitment to renewables, and AGL’s prospects to transform from climate laggard to leader ahead of its AGM, noting the accelerating capital flows to decarbonisation. Read more

Tim Buckley notes that Brookfield and MidOcean’s bid for Origin exposes the “lie that governments working in the interests of Australians in an energy crisis will scare off foreign investment.” Read more

Tim Buckley breaks down expectations for COP27, with compensation for the climate change loss and damage suffered by poorer nations top of the agenda this year. (at 21:25). Read more

Despite the very real problem of greenwash, Tim Buckley remains hopeful that some leading fossil fuel companies will pivot to play their part in reducing climate change via ongoing scrutiny from consumers, shareholders and authorities, and ongoing investment in the financial and technology sectors. Read more

CEF’s Tim Buckley and Matt Pollard explore how Australia’s new Labor government has set its sights on 21st-century gold: value adding our world leading supplies of lithium and rare earth minerals. Read more

Tim Buckley says Australia’s energy crisis predicament could have been avoided by policy certainty around renewable energy. “We really need to see the $20 billion ‘rewiring the nation program’ implemented at speed”. Read more