Decarbonisation
AGL AGM: a victory for impact investors resets company for zero carbon future
ABC NewsRadio
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.
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Rejuvenation of AGL board a clear mandate to act now on climate and decarbonisation
ABC TV News Channel
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.
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Activists toast AGL victory
The Australian
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.”
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Mike Cannon-Brookes succeeds in shaking up AGL board
The Guardian
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”.
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COP27: India, China on track to overachieve 2030 UN climate targets
Business Standard
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.
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What the Origin bid means for Australia’s energy transition
Investor Daily
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.
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Big bid for Australia’s Origin defies industry fear of gas price cap
Reuters
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.”
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What’s expected to happen at COP27?
Triple J Hack
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).
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Pressure mounting on $318b energy giant that says it cares about climate
Sydney Morning Herald
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.
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Australia’s playbook to become a renewable mineral superpower
Climate & Capital Media
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.
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Energy efficiency tips to fortify your home as climate change warms the planet
Canberra Times
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”.
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Nowhere for polluters to hide: Satellites track power station emissions in real-time
Renew Economy
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.”
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