Media

Tim Buckley interviewed on RN Drive re Hindenburg’s fraud accusations against Adani Group, which centre on stock manipulation, money laundering, failure to declare conflicts of interests and accounting irregularities, go back some two decades, and remain unresolved. Will this amount to more water under the bridge for Gautam Adani? Notably, this is the first time the allegations have been raised in the US under the purview of the SEC. Read more

Tim Buckley comments for Forbes on research firm Hindenburg’s explosive allegations of fraud by Adani Group, noting that Wall Street only began to warm up to Adani when he sought financing for Adani Green Energy, the conglomerate’s renewable energy subsidiary. However, the money raised by Adani Green or Adani Ports may “just get transferred to Adani Power and Adani Enterprises, and then goes towards building more coal fired power plants or more coal mines.” Read more

Tim Buckley said financial restructuring at Adani leading up to the pandemic had made it less susceptible to a shock. While the Hindenburg allegations of fraud and other corporate misdeeds “will hamper their access to Wall Street, categorically…Adani is not, in my view, a house of cards unless the Hindenburg research results in a serious, credible, full response from the SEC”. Read more

In this op ed, Tim Buckley notes that while new renewable energy proposals have lifted in recent months, a lot more ambition is required to reach PM Modi’s target of 450GW of installs by 2030. Read more

Tim Buckley on how Indian energy magnate Gautam Adani is selling power from his massive Godda coal fired power plant in eastern India to Bangladesh at a premium, in a monumental price gouge. Read more

Though his wealth was built from coal mining and other heavy industries, early on Adani recognized the promise of renewable energy, says Tim Buckley, who has been tracking investments in renewables in Asia for decades. Read more

Tim Buckley notes that while Adani doesn’t really think about climate science — he does understand the geopolitical and economic interests of India and he positions himself to solve that problem for his own and India’s benefit. Adani Green is what he will want to be his legacy. Read more

Tim Buckley highlights progress on decarbonisation in India and China, noting, for example, that at the current rate of installs, China is on track to reach its 2030 renewables target of 1,200GW five years earlier with a possible plateauing of emissions this decade, ahead of the 2030 official peaking target. Read more

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

India on track to surpass its target of 50% of its energy from non-fossil fuel sources by 2030, as coal’s share of generation slumps to 2030 – new CEF/IEEFA report. Read more

WSJ covers the IEEFA/CEF report released today on India’s renewables trajectory, with the country projected to add 35 to 40 gigawatts of renewable energy annually until 2030, enough to power up to 30 million more homes each year. Read more

13 October 2022 | A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Climate Energy […] Read more