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Energy crisis

Media Releases  |  Feb 12, 2025

OP ED | The gas export industry continues to cry wolf about always looming shortages, but this isn’t supported by the facts

Energy News Bulletin

Woodside Energy’s CEO Meg O’Neill sounded a self-serving alarm last week about the risks for Australia of the US’s new administration’s “drill baby drill” mantra, concluding that the ever-looming east coast gas supply shortage demands urgent government actions to accelerate gas exploration and development. Read more
CEF in the media  |  Feb 6, 2025

Blunt power warning as energy boss pushes onshore gas

AAP

Australian manufacturing will be eroded and power to the sector switched off unless urgent action is taken to reduce barriers to gas investment, the boss of Australia’s biggest energy company warned. Woodside chief Meg O’Neill called for an end to “anti-gas rhetoric” and to scrap Victoria’s ban on certain onshore gas production over concerns supply shortages would hit economy. “The worry I have is when you get to a point where there’s not enough power to go around to meet the needs of all of the power consumers,” she told reporters following her address to the Melbourne Mining Club on Thursday. Read more
CEF in the media  |  Jan 14, 2025

Macquarie, IFM-backed net zero group suspends itself as Trump looms

The Australian Financial Review

The suspension of the group came just days after its biggest member, BlackRock, said it would quit the organisation. In a letter to its clients, the New York-headquartered asset management giant said membership of the net zero initiative had “caused confusion regarding BlackRock’s practices and subjected us to legal inquiries from various public officials”. Read more
CEF in the media  |  Dec 15, 2024

VIDEO | Opposition’s nuclear costings released

Sky News

Tim Buckley speaks with Jaynie Seal about the newly released bogus costings for the LNP’s nuclear plan, which the CSIRO confirmed last week would cost twice the price of firmed renewables Read more
CEF in the media  |  Dec 1, 2024

Australia’s renewable energy leaders address the orange elephant in the room

Capital Brief

In the light of Trump’s election in the US, Climate Energy Finance director Tim Buckley framed China’s dominance in clean technology manufacturing as an opportunity rather than a threat. “China wants to partner with us,” Buckley said, noting that Australia’s status as China’s leading trading partner provides a strong foundation for technology transfer and manufacturing collaboration. Read more
CEF in the media  |  Nov 28, 2024

India’s other renewable energy firms should shield sector from Adani bribery fallout

South China Morning Post

Tim Buckley, Sydney-based director at Climate Energy Finance, said: “I think that Adani’s indictment will slow the Adani Group’s access to international capital for a while, but financial markets are amoral and will quickly ignore most of the charges [even] if they are not resolved.” The incoming Donald Trump administration would probably bolster the US-India relationship despite the charges against the Adani group chairman, he added. “I think the Indian renewables sector has built significant global credibility and depth of capacity in recent years so that it will continue to prosper irrespective of the fraud and bribery charges against one of the leading players in this sector,” Buckley said. Read more
CEF in the media  |  Nov 22, 2024

Startup Daily | Climate Energy Finance’s Tim Buckley headlines Climate Salad’s annual climate tech investor showcase

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The highlights include a keynote address from Tim Buckley, Director, Climate Energy Finance on “The Energy Transformation – Looking Towards 2025”. Tim Buckley said connecting and developing the climate tech investors in Australia is an urgent task. “We’re building the solutions to these massive energy and Decarbonisation problems and we need to make sure we can finance them at much greater speed and scale in the domestic context,” he said. Read more
CEF in the media  |  Nov 22, 2024

VIDEO | Tim Buckley on COP29

ABC TV The Business

Tim Buckley speaks to David Chau at ABC TV’s Close of Business about COP29 and how effective it is as a forum for global action on climate in the face of the election of Trump in the US and China’s staggering global leadership on decarbonisation. Tim notes that Australia’s $50m commitment to helping developing nations deals with the impacts of climate change is a tiny number compared to the $150bn in gross profits Australia’s fossil fuel exporters made in the last financial year, highlighting our hypocrisy as one of the world’s top 3 fossil fuel exporting nations. Read more
CEF in the media  |  Nov 16, 2024

Xinhua | China leads decarbonization through international cooperation: expert

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Tim Buckley tells Xinhua that China is helping developing countries decarbonize through renewable energy leadership, international partnerships, and massive investments in emerging markets. Read more
CEF in the media  |  Nov 10, 2024

OP ED | Under Trump, the US will forfeit the global clean tech race to China

South China Morning Post

The election of Donald Trump – a felon and climate crisis denier – as president of the United States comes as a stroke of bitter irony after recent floods exacerbated by global warming smashed parts of the southeast US – Hurricane Milton alone is likely to cost up to US$50 billion – and given the escalating intensity of wildfires and other natural disasters taking a huge toll on America and other countries. Trump’s “drill baby, drill” energy policies are a disaster for the US, intergenerational equity and global efforts to mitigate the climate crisis. Read more
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