Media

Tim Buckley comments on the new CEIG report which says private capital investment of over $420bn is needed to decarbonise the NEM in line with 1.5 degrees. The scenario is ambitious but credible, said Tim Buckley”, “the global landscape has changed so fundamentally in the last 9 months, the Australian landscape has changed with new government, such that we now have state and federal alignment but also at the global level, and the US Inflation Reduction Act is a global gamechanger.” Read more

Reflecting on CEIG’s Decarbonising the NEM report, “Tim Buckley said financial resources were already at hand to but investors needed lawmakers to create confidence so they could plan. ‘We now need the right policy aspiration to unlock already existing technology solutions and leverage our transformative, once in a hundred year decarbonisation investment opportunity’. Read more

Citing Tim Buckley’s commentary on Adani Group, Himal Southasia magazine panellists look at the conglomerate’s long reach – from energy to transport and logistics, from India to Sri Lanka and Bangladesh and Myanmar – which says as much about the conglomerate as it does about power, politics and diplomacy in the region. Read more

The Australian Government long ago identified green hydrogen as a major export opportunity but recent global developments could send the industry from hero to zero – a fact widely acknowledged by the industry’s leaders. A decade of investment is at stake. Read more

Demolition will represent the end of an era in the Hunter region. The power station’s closure also holds great national significance as a blueprint to what the future could hold for Australia’s remaining 18 coal-fired power stations. Read more

Among big miners exiting the coal business, Glencore is the exception, effectively arguing that holding on to its big thermal coal business is not only economically preferable but morally superior. Read more

Our op ed on the new report released today by CEIG and IGCC on what investors need to accelerate the energy transition – collaboration from government with policy and investment to derisk decarbonisation of the electricity sector and attract private capital. Read more

Australia stands to be a massive beneficiary of the global decarbonisation race – if it gets the policy and investments right, says Tim Buckley. The good news, says Buckley, is that alongside domestic government policy, global investment giants like Brookfield are increasingly crowding in. Read more

“Industry is broadly supportive of the [incoming NSW ALP government’s] energy transition plan, but experts told The Fifth Estate more detail was needed on how cities will be fully electrified in coming years. ‘We’ve seen talk from the federal and state energy ministers that we need to do an electrification of everything and we haven’t seen any detail. The property sector is the obvious starting point,’ said Tim Buckley.” Read more

Meanwhile, Xuyang Dong, a China energy policy analyst for Australian think tank Climate Energy Finance, said the Australian media’s hand-wringing over a possible war with China has clouded the country’s focus on the greater threat of climate change. “Diversifying Australia’s security strategy to encompass these concerns is inarguably important because China is no longer the only, or major, threat to the world, or to Australia,” Dong said on Tuesday. “Climate change and the energy crisis are clearly endangering Australia’s national interests now, and require more nuanced conversations to tackle.” Read more

The IPCC’s latest report this week again sounded the alarm that the window to avert climate catastrophe is closing. But there is hope. On the positive side of the ledger, Tim Buckley breaks down the huge policy and investment shifts that are driving a massive uptick in energy transition, including the US Inflation Reduction Act and the EU’s Net Zero Industry Act. Read more

The global race to decarbonisation has massively escalated with new regulations designed to turbocharge and onshore cleantech in the European Commission nations. Australia is positioned to emerge as a value-added critical minerals superpower Read more