Media

Tim Buckley comments on the launch of the Climate Capital Forum’s federal energy roadmap today, which urges a comprehensive program of policy reform to ensure Australia acts rapidly on its world-leading opportunities to transition its economy and trade to new, clean energy industries: “The biggest issue Australia is going to face is we exported $200 billion of fossil fuels last year, and when the world delivers on the climate science that $200 billion is going to go close to zero very quickly.” Read more

Tim Buckley discusses the new Climate Capital Forum’s federal policy roadmap released today, with Kieran Gilbert on Sky Afternoon Agenda, outlining the exceptional opportunities Australia has to position itself as a global zero-emissions trade and investment superpower, transforming our economy as we act on climate. Read more

Tim Buckley writes that fossil fuels sank to their lowest-ever levels across Australia’s east-coast electricity mix in the final three months of 2022 as renewable energy overtook black coal for the first time in the history of the grid. Renewables hit a record high, providing on average 40.4% of the grid’s supply during 4Q2022. Read more

Tim Buckley comments on the AEMO Quarterly Energy Dynamics report for Q4 2022 which shows prices on the electricity futures market more than halved in the final three months of 2022 after the government intervention, as renewables set new records He notes coal and gas are in structural terminal decline, and the energy disruptions and hyperinflation of 2022 have highlighted the imperative to move to renewables as the solution. Read more

Tim Buckley reflects on AEMO’s Quarterly Energy Dynamics report for Q4 2022. While rampant hyperinflation of fossil fuels caused mass disruption in 2022, the underlying trends are clear – and the burgeoning of renewables and decline of coal and gas in the grid ultimately spell permanent price relief. Read more

As the ACT bans methane gas connections in new homes, new peer-reviewed research finds that 13% of childhood asthma cases in the US can be attributed to gas stove use. Tim Buckley writes that it’s time to turn off this expensive, toxic legacy fuel, shut down the cartel’s self-interested gaslighting, and “electrify everything” – reaping the economic, health and climate benefits of the transition. Read more

Part 1 of an extended interview with Tim Buckley on ABC Radio Drive about the ACT policy which has ended toxic and expensive methane gas connections to new homes as of 1 Jan this year, and the enormous financial and other benefits of electrifying everything. Read more

Part 2 of an extended interview with Tim Buckley on ABC Radio Drive about the ACT policy which has ended toxic and expensive methane gas connections to new homes as of 1 Jan this year, and the enormous financial and other benefits of electrifying everything. Read more

Tim Buckley comments in this feature on the global shutting off of the pipeline of new coal power stations – a key phase in the international campaign to end coal and hasten the energy transition. Read more

Exxon Mobil is trying to sue its way out of a windfall war profits tax (33% levy on profits in excess of average profits over last 4 years) to tackle soaring energy prices claiming it will deter investment. Tim Buckley undoes the spin, pointing out Exxon will make $60bn profit this year and would be paying only $2bn of this under the windfall tax, and similar taxes (eg in WA and Norway) have not deterred investment. Read more

As Tim Buckley writes, the accelerating momentum of 2022 now leaves Australia well capitalised to embrace the huge opportunities of decarbonisation – critically important given the fossil fuel hyperinflation and bill shock that has defined this year. Read more

Tim Buckley comments in this piece on the announcement by the federal government of 8 new utility scale batteries across Eastern Australia which will add 2GW of capacity, with a $176 million investment by ARENA attracting $2.7 billion in private capital. Read more