Media

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

Tim Buckley says the current reporting of emissions data by the Clean Energy Regulator is ad hoc and partial and “having real time satellite data by facility, that is independent and transparent, would be a huge step up.” Read more

Tim Buckley comments on China’s leadership on decarbonisation in this positive international story on the progress being made to a better future. Read more

Tim Buckley says the Petroleum Resources Rent Tax, designed to raise revenue from multinational gas producers making superprofits, is structurally flawed and predicts a Treasury review currently underway will find that it is not operating in the national interest. The Treasurer has undertaken to carefully consider the advice as pressure for a solution to the gas price crisis ramps up. Read more