Media

Tim Buckley calls on Australian governments and industry to note the IEA’s forecast for the ongoing structural decline of coal, modelling up to a 45% decline globally by 2030. The agency also highlights the structural demand for key critical minerals and hence the opportunity for Australia as a world leader in critical mineral resources. Read more

As fossil fuels peak before 2030 and then decline, Tim Buckley notes that the IEA’s 2022 World Energy Outlook says a huge increase in energy investment, to above $4 trillion per year, is essential to reduce the risks of future energy price spikes and volatility, and to get on track for net zero emissions by 2050. Read more

Tim Buckley says that while the federal budget assumes a $953m contribution by limiting multinationals’ debt-deductions, there is no further insight on how majors like Exxon, Chevron, BP and Shell, who book Australian revenues in the tens of billion but pay zero corporate tax, will be made to pay their fair share. Read more

In part 2 of an extended interview, Tim Buckley gives a comprehensive breakdown of the positive energy transition initiatives in the 2022 budget, as well as the omissions and missed opportunities. Read more

In part 1 of a 12 minute interview, Tim Buckley gives a comprehensive breakdown of the positive energy transition initiatives in the 2022 budget, as well as the omissions and missed opportunities. Read more

Tim Buckley comments on the Federal Budget, including its lack of attention to tackling the revenue costs of fossil fuel subsidies. Read more

Tim Buckley writes that the federal budget is pragmatic and aligned with the government’s positive energy transition commitments. However, the absence of any meaningful, long overdue fossil fuel tax reform, which would generate revenue to offset the power price hyperinflation smashing Australians, is a major omission. Read more

Tim Buckley comments in this story which notes while consumer electricity prices are inflated and may rise in the near term as the system decarbonises, the long-term outcome will be a reduction in power prices. Read more

While investment will be lured away from Australia by aggressive energy transition policy settings, Tim Buckley says there’s still plenty of interest. “I’m bullish. Global capital is virtually unlimited particularly for a market with as low sovereign risk as Australia.” Read more

Tim Buckley comments that a decrease in energy prices will come from meaningful federal government investment in the grid, “unlocking new zero emissions capacity investment, increasing supply and reducing prices for Australians,” in this story syndicated across the ACM media network. Read more

Tim Buckley reflects on how the former LNP government’s policy chaos has deterred investment in decarbonisation, leaving us vulnerable to dependence on fossil fuel hyperinflation. Read more

Tim Buckley says rocketing coal and gas prices are a blessing for exporters and a curse for everyone else as Australia’s biggest players – from oil and gas producer Santos to coal exporter Whitehaven and global mining giant BHP – book windfall gains. Read more