Decarbonisation
Is Sun Cable listed on the ASX?
Motley Fool
Tim Buckley says that while the current funding structure of Sun Cable is dead, it doesn’t mean the whole vision’s dead – it can be resurrected with a new corporate structure and, potentially, governments taking a larger financial stake.
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The Sun Cable project “isn’t dead”
Sky News
Tim Buckley in an extended interview on Sun Cable, noting that this challenging project proposal – a world first – needs sufficient government endorsement, and while it is currently in administration this is not equivalent to liquidation.
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Northern Territory government downplays Sun Cable’s voluntary administration as list of troubled major projects grows
ABC online
Tim Buckley notes that in a project at the scale and complexity of Sun Cable, strategic, geopolitical, financial hiccups are inevitable and the current financial situation does not mean the vision is dead.
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Coal’s executioners gather to plot the kill
Sydney Morning Herald
Tim Buckley comments in this feature on the global shutting off of the pipeline of new coal power stations – a key phase in the international campaign to end coal and hasten the energy transition.
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How climate denial became the anti-ESG movement
Energy Monitor
As Vanguard leaves the Net Zero Asset Managers initiative in the context of the chilling effect on investment of the US Republicans’ anti-ESG movement, Tim Buckley notes that Vanguard was such a climate laggard its exit could be a mutually agreed decision. Meanwhile Blackrock leads in this space and the US Climate Bill triggers a huge influx of capital into clean energy.
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OP ED | The new year will be all about grid firming as Australia rejoins race to renewables
Renew Economy
As Tim Buckley writes, the accelerating momentum of 2022 now leaves Australia well capitalised to embrace the huge opportunities of decarbonisation – critically important given the fossil fuel hyperinflation and bill shock that has defined this year.
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Australia’s battery storage capacity to triple by 2025
ABC Radio National The World Today
Tim Buckley comments in this piece on the announcement by the federal government of 8 new utility scale batteries across Eastern Australia which will add 2GW of capacity, with a $176 million investment by ARENA attracting $2.7 billion in private capital.
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It’s about time to cut the Energy Cartel in Australia – Climate Energy finance says
RedWires Au
Tim Buckley interviewed on the Albanese government’s energy price relief plan on new media site RedWires.
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Forward Power Pricing Drops In Australia In Response To Government Action
Clean Technica
Tim Buckley on the response by Woodside, Shell and Santos to the federal gas price caps and mandatory code of conduct: “In the last few days the gas lobby has shown that it is determined to ensure that nothing will get in its way as it plunders our sovereign public assets to line its own pockets.”
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Energy price caps a rare blow to fossil fuel giants
The Saturday Paper
As Woodside and Shell pause negotiations to supply east coast gas in 2023 and 2024, kicking and screaming against the federal government’s necessary and reasonable energy price relief bill, Tim Buckley notes “That is a supply strike – overtly withdrawing capacity from the market. And Woodside doing it, knowing that Shell’s doing it, is collusion”.
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Australia was always bullied by vested interests, until now
Sydney Morning Herald
As political and international editor Peter Hartcher notes in his weekly SMH column, the Albanese government has called the gas giants’ bluff, quoting Tim Buckley’s comment that the 50% drop in forward wholesale power prices in NSW and QLD is a staggering endorsement of the government’s efforts.
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OP ED | Why it’s time to switch off the gaslighting fossil fuel industry
Canberra Times
Our op ed on the federal government’s landmark energy price relief bill that the puts price-gouging, planet-destroying, energy security-threatening, colluding fossil fuel industry in their place, as the market responds with an emphatic endorsement, dropping forward electricity prices in NSW and QLD by ~50%.
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