Media

Syndicated across News Corp mastheads nationally including all regional sites in QLD: Climate Energy Finance Director Tim Buckley has hit out at the Coalition government for providing little information when revealing its nuclear energy plan.Mr Buckley said his best cost estimate for the Coalition government’s nuclear energy plan following the CSIRO GenCost report would be $100 billion. “It’s a rather large number to not have any facts on,” Mr Buckley said. “For the shadow energy minister to spend a year building a detailed analysis of the federal opposition energy and climate strategy and provide rather limited facts, rather limited details – a one-page flyer really doesn’t cut it when you’re talking about a $100 billion of public money being invested. It’s a little bizarre that Ted O’Brien’s announcing this policy without any facts.” Read more

Tim Buckley’s Sky News interview excoriating the LNP’s nuclear con is embedded in this feature on the Australian by its Canberra Bureau Chief and Political Editor summarising responses from a broad range of thought leaders Read more

Tim Buckley demolishes the Coalition’s fact-free nuclear press release on Sky News AM Agenda Read more

While the Coalition has failed to release any detail or costings, today we have confirmation that if it gets into office, Australians will be paying a mult-billion dollar “nukebuilder” tax for generations to come for a national build out of government-owned nuclear reactors across seven locations, including on the sites of former coal-fired power stations. It beggars belief that opposition leader Peter Dutton proposes nationalising a nuclear public debt bomb and detonating it at the heart of energy policy in this country. Read more

Tim Buckley, director of think tank Climate Energy Finance, said Australians would be paying “a multi-billion dollar ‘nukebuilder’ tax for generations to come by being forced to front the cash for a national buildout of government-owned nuclear reactors”. “Electricity prices would skyrocket as private investment in new replacement capacity is crowded out, resulting in undersupply for the next 15-25 years while we wait for the LNP’s nuclear white elephants to arrive,” Buckley said. Read more

Syndicated in News Corp state based mastheads across Australia – Climate Energy Finance Director Tim Buckley says Opposition leader Peter Dutton’s plan to use nuclear energy is “financially illogical”. Read more

Director of think tank Climate Energy Finance Tim Buckley says nuclear is “financially illogical” and is about extending “climate wars”. Mr Buckley told Sky News the proposed plan announced today does little to address the current climate challenges, and the infrastructure delivery plan is not commercially viable. “We have no nuclear capacity in Australia,” he said. “We don’t have the workforce, and we can’t afford the 20+ year delay (opposition leader) Peter Dutton is proposing today.” {scroll down to 4:06pm post at link). Read more

Syndicated globally via AFP – Australia’s conservative opposition will build nuclear power plants across the country if it wins the next election, according to plans detailed Wednesday that have reignited debate over climate policy. Opposition leader Peter Dutton said he would overturn a 26-year nuclear ban to build seven government-owned reactors on the sites of ageing coal-fired power stations.Climate finance expert Tim Buckley said nuclear power in Australia was “impossible”. “The idea that nuclear could be up and running in 2035-37 is fanciful, and even that is too late given our concurrent climate and energy crises,” he said. Read more

Offshore wind can play a significant role in supporting our industrial and energy security needs. With its greater reliability and consistent supply, it can be an essential component of our future economic security through the Future Made in Australia Act. Leaders from Australia’s offshore wind sector and Climate Capital Forum members, Amy Boersma, Satya Tanner and Naomi Campbell comment on how effective and efficient planning processes, with the right checks and balances are key to project success. Read more

NSW has been slow to build out transmission infrastructure for its REZs which slowed development within the zones and saw projects outside of them deprioritised, and has only just opened tenders for “access rights” to the new REZs≥ This has contributed to the state’s mammoth renewables slowdown, says Clean Energy Finance director Tim Buckley. “The devil will be in the detail,” he told Renew Economy. “If the Victoria scheme provides greater clarity on where firmed renewable projects can be located, and rewards hybrid renewable projects, that is an overall benefit. “We see that in China, where they actively develop renewable energy zones to maximise grid access by building wind and solar and battery storage and coal fired power plant projects together. “Start with the major constraint, which is grid transmission, and give investors confidence they won’t be constrained. “Investors need clarity and reduced risks from opaque approval structures and lack of visibility of where it’s best to put a renewable energy project. We need to deploy at speed and scale.” Read more

Tim Buckley heralded the announcement of electrified trucks in WA mining as a “massive opportunity” for Australia’s mining and industrial future. “For us to deploy and derisk new technology and that does require collaboration. BHP and Rio can be rivals in selling iron ore, but we need them to collaborate on supply chains to really derisk and get the benefit of common buying and scale. We know they will need a massive amount of trucks and it could underwrite a factory. Four or five of the biggest mining companies in the world are in Australia and that is a competitive advantage. Let’s extend that comparative advantage by encouraging a world leader like Caterpillar or Komatsu or Liebherr to come and build a factory here.” Read more

Mads Prange Kristiansen & Tim Buckley take an extended look at how Australia can leverage its huge opportunity in offshore wind. Read more