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Energy crisis

CEF in the media  |  May 10, 2023

Budget lacks sufficient ambition to leverage the once in a century decarbonisation

AusBiz

Tim Buckley in an extensive interview on AusBiz discusses the good, the bad and the ugly in the 2023/24 Federal Budget Read more
CEF in the media  |  May 8, 2023

Labor’s changes to gas tax will deliver little if any extra revenue, analysts say

The Guardian

Tim Buckley says the federal government’s marginal budget reforms to the PRRT are a massive missed opportunity: “Those deductions that don’t get allowed this year just get delayed,” Buckley said. “It’s absolutely a pull forward … it might be no increase at all” in total revenue. Read more
CEF in the media  |  May 7, 2023

Budget 2023/24 preview – what can we expect?

Sky News

Tim Buckley previews the Federal Budget, including mooted PRRT reforms, and calls for a fiscal approach that responds to the scale and challenge of the energy transition and global policy developments, including the game-changing trillion dollar Inflation Reduction Act in the US. Read more
CEF in the media  |  May 5, 2023

At last we’ve got a Net Zero Authority

Fifth Estate

Tim Buckley says the national Net Zero Authority is a key piece of policy and administration architecture to support and accelerate Australia’s decarbonisation pathway while looking after workers’ and communities’ interests. Read more
CEF in the media  |  May 5, 2023

“About time:” Net Zero Authority to guide just transition from fossils to renewables

Renew Economy

Tim Buckley says a national transition authority is exactly what Australia needs to ensure the national interest is at the heart of energy and climate policy framework. Read more
CEF in the media  |  May 5, 2023

Investors welcome New National Net Zero Authority

FS Sustainability

Tim Buckley: “The national transition authority will be really important in ensuring Australia’s workforce and communities are best placed to pivot from the fossil fuel focussed industries from the past to the clean energy and critical minerals and value adding opportunities of the future.” Read more
CEF in the media  |  May 3, 2023

Is Snowy Hydro 2.0 worth cost and delays?

ABC Radio National PM

As the cost and timeline of Australia’s biggest renewable energy project, Snowy Hydro, blows out further, Tim Buckley says long duration storage is a critical part of enduring grid reliability. As we see a massive boom in battery installs for short to medium duration storage, absent Snowy Hydro we are going to have to find other solutions to meet our long duration storage needs. Read more
CEF in the media  |  Apr 26, 2023

Lithium might be down but it’s far from out

AusBiz

What’s happening in the global lithium space? Climate Energy Finance director Tim Buckley explains in detail, including the growing geo-political interest in processed lithium. He affirms growth trends for lithium suppliers and producers, despite short term price weakness. Read more
CEF in the media  |  Apr 21, 2023

Australia’s Woodside Could Face А$63B Carbon Gas Bill By 2050 – Report

Carbon Herald

The international Carbon Herald reports on CEF’s independent modelling that shows production major Woodside Energy and its partners may have to pay a carbon bill of up to A$63 billion from their gas fields by 2050 following the latest Safeguard Mechanism reforms, with Tim Buckley noting that “this is a clear commercial signal for Woodside to invest in decarbonisation.” Read more
CEF in the media  |  Apr 20, 2023

The science is clear: gas is a dangerous fossil fuel and the more we burn the worse climate change will become

ABC NewsRadio

Glen Walker head of advocacy and strategy for Greenpeace Australia Pacific responds to the address at the National Press Club yesterday by the Woodside Energy CEO Meg O’Neill. 49% of Woodside shareholders last year voted against the climate report, with the board and leadership completely dropping the ball on addressing climate change and managing climate risk. Glenn cites the CEF report, which quantifies a $63 billion Safeguard liability for Woodside’s gas projects. Read more
CEF in the media  |  Apr 19, 2023

Woodside Energy faces billions in liability costs thanks to Safeguard Mechanism, as AGM climate revolt looms

Carbon Pulse

Carbon Pulse reports on CEF’s new analysis which finds Woodside will face a massive Safeguard liability if it fails to decarbonise. Read more
CEF in the media  |  Apr 19, 2023

Australia must triple electricity grid

ABC Radio National The World Today

The scale of getting Australia to reach net zero emissions by 2050 is colossal. A new report says Australia’s electricity grid will need to triple in size and trillions of dollars will need to be spent, and gas-fired generation capacity will need to double in the coming decades, if the lights are to stay on Read more
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