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OP ED | Data Centres must bring new green power and public benefit as binding conditions of approval
Data centre proponents could lose social licence to operate far faster than has in some cases happened in the electricity sector, given the scale and speed of proposed developments. Climate Energy Finance (CEF) and our partners at the Carbon Zero Initiative are calling for a set of binding public interest principles that would shape the emergence of the data
Media release | nsw budget household clean energy upgrades the centrepiece of cost of living relief, as gov’t positions renewables transition as key economic strategy
New South Wales Treasurer Daniel Mookhey delivered the state budget for 2026-27 today. NSW’s operating position continues to improve under the Minns Labor Government since it was elected in 2023. From the $10.6bn deficit in 2022-23, the 2026-27 budget forecasts a $2.3bn deficit, returning to a $1.1bn surplus by 2027-28 and continuing in surplus through 2029-
Media release | qld budget misses the mark on energy as it doubles down on coal; focus on infrastructure-related benefits
The QLD state budget released on 23 June forecasts a $6.2bn operating deficit in 2026-27, consistent with the mid-year fiscal and economic review (MYFER), a $3bn improvement from the net operating deficit forecast in the previous budget. The 2026-27 forecast would represent a marked improvement from the $8.8bn deficit estimated in the current 2025-26 period.
OP ED | A tale of two budgets: A win for cheaper, cleaner energy in one state, more “coal-keeper” in the other
NSW Treasurer Daniel Mookhey was unequivocal on the central role of energy transition in economic growth and prosperity. Mookhey emphasised that the renewables transition is a top driver of investment into the state, with renewable energy infrastructure a significant contributor to the 20% surge in investment over the year to the March quarter 2026. The post
Few clean energy surprises in New South Wales budget
NSW stood to gain almost $265 million from the US-Iran-Israel war, with the 2026-27 budget revising royalties up by $84 million in 2025-26 and $186 million in 2026-27. Pollard attributed this to higher thermal coal prices that stemmed from disruptions to the Strait of Hormuz, which directly affected oil and petrochemical derivatives but also coal, which is b
Queensland’s Critical Minerals Budget and Coal Focus 2026-27
Climate Energy Finance analyst Matt Pollard has argued publicly that applying maintenance capital to ageing coal generators, without simultaneously building out low-cost renewable replacement capacity, creates compounding risks for the Queensland grid. His position is that the economic and environmental sustainability of the grid is placed under increasing s
VIDEO | Why Australian energy experts say the energy transition needs China
John Grimes, CEO of the Renewable Energy Council Asia Pacific; Tim Buckley, Director of Climate Energy Finance; and Qian Zhengyang of Mingyang Smart Energy Group discussed China–Australia clean energy cooperation and the role of green supply chains in the global energy transition in an interview with CGTN's Mi Sutong. The post VIDEO
Australian plan to partly reserve gas for residents causes jitters in Asia; experts say exports are safe
Tim Buckley, director of Climate Energy Finance, an Australian think-tank, told ST the reservation scheme was long overdue and that the prices paid by Australian consumers for gas were “obscene”. He said the scheme, which could include a price cap for domestic sales, will ensure Australians do not pay export prices for their own gas. But, he said, the scheme
PODCAST | Tim & Grant McDowell on Spark Club: Australian Delegation Witnesses China Speed, China Scale
Tim Buckley joined the Australian Trade and Investment Commission (Austrade) and Renewable Energy Council Asia-Pacific (RECAP) delegation to China. The post PODCAST
Electric car sales surge even as fuel prices ease
Electric car sales continue to surge in Australia even as the energy crisis fades, and tax breaks on fuel begin to phase out, with both BYD and Tesla selling record numbers of vehicles last month. BYD recorded an astonishing 18,881 vehicles in June, up from 8211 in May. Its rival Tesla sold 8670 vehicles in June, surpassing its previous record of 6433 set in
OP ED | Australia has a rare chance to lead the world’s next energy revolution
Governments, businesses and households are pivoting because electrification increasingly makes economic sense. For Australia, this presents both an opportunity and a warning. We remain the world's third-largest exporter of fossil fuels, yet many of our biggest export markets are simultaneously accelerating their transition towards renewable electricity and e
Australia’s battery subsidies spark rooftop solar resurgence
Stored power is increasingly meeting evening demand and reducing the case for some new transmission lines, said Commonwealth Bank of Australia energy economist John Oh. Australia's energy market operator expects pooled home batteries to eliminate A$5 billion in grid-scale battery investments. "Distributed energy driven by batteries is a great alternative t