Media

Tim Buckley writes that the federal budget is pragmatic and aligned with the government’s positive energy transition commitments. However, the absence of any meaningful, long overdue fossil fuel tax reform, which would generate revenue to offset the power price hyperinflation smashing Australians, is a major omission. Read more

Tim Buckley: “At the end of the day we’ve got an energy crisis, a cost of living crisis, a climate crisis. We need to reform the tax system to make it fairer and make sure multi-nationals pay … [and] quantify the benefit to Australia in terms of corporate tax receipts and reductions of fossil fuels.” Read more

Tim Buckley comments in this story which notes while consumer electricity prices are inflated and may rise in the near term as the system decarbonises, the long-term outcome will be a reduction in power prices. Read more

“The national electricity market needs fundamental reform,” Tim Buckley said. “Chaotic federal energy policy under the previous government, meant state governments going it alone.” Buckley described Victoria’s decision to renationalise part of the electricity system as ‘excellent’, saying that even though the time frame was ‘aggressive’ it would give greater certainty to everybody.” Read more

“As we build out more supply of very cheap, variable renewable energy – firmed by batteries and so on – we will see the electricity price halve over the next decade,” CEF director Tim Buckley told AAP in a story featured across over 100 mastheads. Read more

Tim Buckley: “It will take 5-10 years to build out the grid after a decade of policy inaction. Now we have to move double fast to build the infrastructure and facilitate the wave of $100bn of new regional investment in wind, solar, pumped hydro, batteries and so on bringing huge employment opportunities and value adding for communities and industries, and to lower energy prices for all of us”. [at 11:45] Read more

Tim Buckley: “The critical point here is that the federal government is now working with the states to deliver on key objectives: decarbonisation, reducing the cost of power for all Australians and modernising the grid.” Read more

Tim Buckley comments that a decrease in energy prices will come from meaningful federal government investment in the grid, “unlocking new zero emissions capacity investment, increasing supply and reducing prices for Australians,” in this story syndicated across the ACM media network. Read more

Tim Buckley comments in this story on how Putin’s invasion of Ukraine has triggered fossil fuel hyperinflation, as Asia faces a crossroads in its accelerating energy transition. Read more

Tim Buckley notes that a ‘small number of fossil fuel-exporting companies are making windfall gains,’ making the case for a Queensland-style progressive royalties system in NSW. Read more

For Fortescue to meet its target of “real zero” in its operations by 2030 would be “a serious challenge,” Tim Buckley said in an interview with Bloomberg. Read more

Tim Buckley labels Delta Electricity’s sale of Hunter power station to Sev.en Global Investments as ‘worst of all outcomes’. Read more