Energy crisis
AGL China Coal Critical minerals Decarbonisation Electricity/electrification Energy crisis Hydrogen India & Adani Taxes and subsidies US IRA/EU NZIA et al
Anthony Albanese offers deal on coal price compensation but states want more
The Australian
Tim Buckley’s Sky News Afternoon Agenda with Kieran Gilbert interview features in this exclusive from The Australian’s chief political correspondent on the federal government’s plans to address the fossil fuel price crisis.
Read more
Call to cap diesel rebate, sting gas firms
Canberra Times
As Tim Buckley says in this piece on solutions to the fossil fuel commodity price crisis across 100+ mastheads via AAP, it is time to cap the gas price, and fix coal royalties, the PRRT, multinational corp tax, and the diesel rebate to claw some dividends back for Australians.
Read more
OP ED | Private profits and public pain: It’s well past time for action on fossil fuels
The New Daily
As Tim Buckley writes, no other industry has caused such significant economic hardship for Australians, all the while banking unprecedented profits. The free ride has to stop, and the interests of Australians must come first. As former ACCC chair, Rod Sims, has said, the government should show the gas industry its baseball bat.
Read more
Critics pan ASIC as ‘toothless tiger’ amid anger over collapse of critical WA coal mine Griffin
ABC online
As a WA MP accuses ASIC of failing to properly investigate a collapsed coal mine threatening the state’s energy supplies, Tim Buckley says it was inexplicable that ASIC failed to scrutinise the company despite obvious red flags.
Read more
Is Australia’s clean coal a misnomer?
NZZ
Tim Buckley comments for German and Swiss media on the Australian coal quality certificate falsification scandal, noting that while the allegations are valid, the offences are not easy to prove as the coal industry had acted skilfully, with data only slightly changed and direct bribes avoided.
Read more
Victoria’s election is a referendum on fossil fuels vs deflationary renewables
Renew Economy
In this op ed one day ahead of the Victorian election, Tim Buckley
notes that the Labor government has ambitious new policies that will put Victoria in a world-leading position of 95% RE and 80% emissions reduction by 2035, driving lower electricity prices, gas substitution and decarbonisation.
The LNP targets 50% emissions reduction by 2030, but with no policies to deliver on this – and a commitment to turbocharging gas, which will drive the climate crisis and do nothing to address the price crisis.
Read more
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.”
Read more
Entire state’s power system on the brink as Indian loan to Aussie miner Griffin Coal turns toxic
ABC online
A deepening coal crisis in Western Australia, linked to an Indian bank loan to gone bad, is threatening to turn the lights out this summer. Tim Buckley explains in this feature from ABC national energy reporter Daniel Mercer.
Read more
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”.
Read more
Gas exporters in frame as government looks for revenue boost
Sydney Morning Herald
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
Andrews seeks gas reserve as premiers divided on power price cap
The Australian
Tim Buckley’s discussion on Sky News Afternoon Agenda with Kieran Gilbert on gas in this story in The Australian: “We have a gas cartel, according to the ACCC – 90 per cent of the gas reserves in eastern Australia are controlled by three consortia, which have ramped up the price on the east coast tenfold, 1000 per cent, in the last three, four, five years and we are now paying above export price parity”.
Read more
COP27: As nations head for Egypt climate summit, some signs of hope
Sydney Morning Herald
In his piece foreshadowing next month’s COP 27 and tracking global progress on decarbonisation, Nine/Fairfax environment editor quotes Tim Buckley on China: while it leads the world in coal use, it also leads in “wind and solar installation and manufacturing, EV production, batteries, hydro, nuclear, ground heat pumps, grid transmission and distribution, green hydrogen, literally every zero-emissions technology today.”
Read more