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The new federal government has achieved something the LNP failed to deliver over a lost decade of energy policy chaos – a cooperative agreement with the state energy ministers on a capacity mechanism that will turbocharge firmed renewables and accelerate an orderly energy transition. Read more

We have done the math: multinational fossil fuel corporations will book a collective $120-140 billion gross profit in calendar year 2022. These war profiteers are inflicting untold pain on Australian households and business as energy bill shock exacerbates inflationary pressures. It’s past time for governments to step in on behalf of taxpayers and say “show me the money”. Read more

As the government considers solutions to the fossil fuel price crisis, Tim Buckley notes that no other industry has caused such significant economic hardship for 21 million Australians, all the while banking unprecedented profits. The free ride has to stop, and the interests of Australians must come first. As Rod Sims, former chair of the ACCC has said, the government must now show the gas industry its baseball bat. Read more

We track the energy news of the week – including the announcement of two of the world’s biggest windfarms in Victoria and QLD – as capital inflows to clean tech accelerate, driven by Australia’s increasingly ambitious climate, critical minerals and energy policies. Read more

We launch a new series analysing the big 5 banks’ climate finance and decarbonisation progress, plus, the latest in our series on critical minerals value-adding opportunities in Australia, and calls for a windfall tax on war profiteering fossil fuel multinationals grow. Read more

Tim Buckley comments on the implications of the landmark news today that the federal environment minister will reassess 18 coal and gas projects on the basis of climate impacts – a first. Read more

The IEA released its flagship annual World Energy Outlook this afternoon AEDT against the backdrop of intersecting energy and climate crises. The WEO provides critical analysis and insights on trends in energy demand and supply. Here are CEF’s key takeouts. Read more

The budget is pragmatic and aligned with the government’s positive energy transition commitments. However, the absence of any meaningful fossil fuel tax reform is a major omission. Read more

IN this update, we track a transformative period in Australian energy policy with the federal government announcing the first tranche of its $20bn Rewiring the Nation plan and major advances in Victoria and QLD Read more

[Note: Also see Media section for wide ranging commentary from CEF on the energy crisis] In this extensive interview at the height of the east coast energy crisis in Australia, Tim Buckley breaks down the causes and solutions, including the imperative to rapidly upscale decarbonisation. Read more