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OP ED | Fossil fuel exporters’ $140b profit as bills soar
Sydney Morning Herald
Tim Buckley’s new op ed across Nine/Fairfax papers: as fossil fuel multinationals reap obscene $140bn war profits, pay little or no tax and smash homes and businesses with bill shock, the federal government’s energy price relief plan is to be applauded, but this should not include taxpayer compo to coal.
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Power price relief will take until mid next year
Channel 9 News
Tim Buckley on national Nine primetime TV news, commenting on how the federal government’s energy price relief plan will soften the blow of fossil fuel price hyperinflation for consumers .
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PM’s announcement of energy price relief plan
ABC NewsRadio
Part 2 of Tim Buckley’s interview providing a live reaction to the PM’s press conference announcing the government’s 4 part plan to temper the bill shock impacting Australian households and businesses.
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PM’s announcement of energy price relief plan
ABC NewsRadio
Part 1 of Tim Buckley’s interview providing a live reaction to the PM’s press conference announcing the government’s 4 part plan to temper the bill shock impacting Australian households and businesses.
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OP ED | Adults are back in the room, with policy that paves the way for cheaper electricity
Renew Economy
In this op ed, Tim Buckley welcomes the cooperative spirit at the meeting of state and federal energy ministers that delivered a watershed capacity investment mechanism which will trigger a rapid upsurge in firmed renewables.
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The Drum – national cabinet’s energy price relief plan
ABC TV The Drum
Tim Buckley applauds national cabinet’s plan for coal and gas price caps, energy rebates, and energy security, noting a plan to properly tax fossil multinationals reaping war profits off our sovereign public assets is still required.
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Gas producers slammed for cartel amid unprecedented market failure
Sky News
Tim Buckley discusses the gas cartel gouging Eastern Australia with Kieran Gilbert on Afternoon Agenda, noting new CEF figures that show fossil fuel multinationals operating in Australia will book $120-140billion in profits as skyrocketing energy prices crush households and businesses.
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Anthony Albanese offers deal on coal price compensation but states want more
The Australian
Tim Buckley’s Sky News Afternoon Agenda with Kieran Gilbert interview features in this exclusive from The Australian’s chief political correspondent on the federal government’s plans to address the fossil fuel price crisis.
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Japanese ambassador takes ‘highly unusual’ campaign against Queensland coal royalty hike to mining forum
The Guardian
Tim Buckley says that QLD’s new tiered coal royalty regime structured to capture windfall profits will net $6.4bn more this FY than under the state’s previous royalty regime, while coalminers would still get 80% of QLD’s coal export bonanza – up to $62bn in revenue and record profits of more than $30bn before interest and corporate tax – making the industry campaign against the regime hot air.
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Gas exporters in frame as government looks for revenue boost
Sydney Morning Herald
Tim Buckley says the Petroleum Resources Rent Tax, designed to raise revenue from multinational gas producers making superprofits, is structurally flawed and predicts a Treasury review currently underway will find that it is not operating in the national interest. The Treasurer has undertaken to carefully consider the advice as pressure for a solution to the gas price crisis ramps up.
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Andrews seeks gas reserve as premiers divided on power price cap
The Australian
Tim Buckley’s discussion on Sky News Afternoon Agenda with Kieran Gilbert on gas in this story in The Australian: “We have a gas cartel, according to the ACCC – 90 per cent of the gas reserves in eastern Australia are controlled by three consortia, which have ramped up the price on the east coast tenfold, 1000 per cent, in the last three, four, five years and we are now paying above export price parity”.
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Federal budget wrap part 2
ABC Radio
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.
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