Media

Tim Buckley on Sky Regional Breakfast discussing the unprecedented but necessary intervention by the federal government in the energy market, which responds to a clear market failure by protecting Australians from the war-profiteering, price-gouging gas cartel. Read more

In this article on the federal government’s energy price relief bill which imposes a wholesale price cap on coal and gas to the vociferous protests of the fossil fuel industry, Tim Buckley notes that “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.” Read more

Tim Buckley welcomes the entirely necessary market intervention by the federal government in the form of its successful energy price relief bill to counter the fossil fuel bill shock inflicted by the fossil fuel industry on Australians Read more

Tim Buckley describes the halving of forward prices for wholesale power in NSW and QLD as “a staggering real-time endorsement of the government’s efforts” to rein in prices. Read more

In this story across 100+ mastheads on AAP, Tim Buckley says the 50% drop in forward pricing of wholesale electricity in NSW and QLD in the first quarter of 2023 shows the market had already endorsed the federal government’s price relief plan. Read more

Tim Buckley comments in this story in Canberra Times and 100+ mastheads on the federal government’s energy price relief plan, noting that only when we cut ties with the rapacious fossil fuel industry will we be free to harness our plentiful, low-cost clean energy, and the enormous benefits of this once in a century transformation Read more

Tim Buckley is interviewed on ABC Radio Sydney about the federal government’s necessary energy market intervention that will see it cap wholesales prices of coal and gas and rebate power bills – noting that the forward electricity market in NSW and QLD has already endorsed the government’s plan by pricing in a 50% reduction in wholesale prices for the first quarter of calendar year 2023. Read more

CEF’s policy paper on the Safeguard Mechanism, designed to reduce emissions from Australia’s 200+ biggest emitters, is linked in this story which looks at current reviews of Australian Carbon Credit Units and the SGM. CEF notes that legislation of the SGM, not regulation, is required, and the SGM should adopt an avoid>minimise>mitigate>offset hierarchy. Read more

Tim Buckley’s data showing that fossil fuel multinationals made $120bn in profits in 2022 is quoted in this story noting that the industry is not coping well with the idea that its days might be numbered. Read more

Tim Buckley said the government’s mooted plan to subsidise coal companies for the price cap means they are asking taxpayers to provide compensation to coal mining companies so they can make obscene profits selling back our resources to us. Read more

Tim Buckley’s new op ed across Nine/Fairfax papers: as fossil fuel multinationals reap obscene $140bn war profits, pay little or no tax and smash homes and businesses with bill shock, the federal government’s energy price relief plan is to be applauded, but this should not include taxpayer compo to coal. Read more

US President Biden’s $369bn Inflation Reduction Act is unleashing a torrent of inbound green capital, turbocharging the nation’s energy and economic transformation. Tim Buckley and Matt Pollard break down the policy context and deal book. Read more