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The Latest Breaking News from Tim Buckley

Budget offers substantial progress on energy transition, but serious omissions remain

The Budget is undermined by the pre-election commitment of no new taxes, meaning fossil fuel exporters get off scot-free, Tim Buckley writes.

The New Daily

Australia's biggest electricity system 'on life support' as states take control of the energy transition

Top energy expert says the country's biggest electricity market is dying as state and federal governments take control of renewable energy switch.

ABC News

Private owners net millions in sale of ageing coal-fired power station in NSW

Delta Electricity sells Hunter region station to Sev.en Global Investments which one critic labels ‘worst of all outcomes’

The Guardian - AU

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Dartbrook coal mine sale stalls, current owners lobby shareholders to help pay $100m debt

The mothballed Dartbrook coal mine in the Hunter Valley had three sale bids, but all options have since hit snags.

ABC News

Huge profits for fossil-fuel giants Woodside and Santos stoke calls for windfall tax

Senator David Pocock and Bob Carr among those urging Albanese government to claw back massive mining profits

The Guardian - AU

Australia's energy crisis makes winners out of fossil fuel exporters and losers of everyone else, expert says

Record high energy prices are proving to be no picnic for the country's biggest power providers. So who is 'making out like a bandit'?

ABC News

Push for 400 per cent increase in coal royalties

NSW coal royalties could increase by 400 per cent this financial year, leaving billions more to support regional communities undergoing energy transition, if a progressive royalty system that better reflected record coal prices was introduced.

Newcastle Herald

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Federal government declares Australia's first six offshore wind energy zones

Domestic offshore wind zones have been given the green light after the federal Energy Minister announced the location of the first of six sites.

ABC News

Australia could see a solar cell ‘renaissance’ if global supply chain is diversified

International Energy Agency report finds China controls the bulk of world’s PV manufacturing

The Guardian - AU

Australian fossil fuel megaprojects at risk from record high global gas prices

Experts warn of ‘permanent demand destruction’ for gas but say conditions are ideal for a structural shift to renewable energy

The Guardian - AU

‘Pandora’s box’: experts say Queensland’s windfall from coal royalties could set a precedent

Industry and analysts predict budget measure could provide billions in additional revenue

The Guardian - AU

As the eastern states face an energy crisis, Victoria may be in a slightly better position. Here's why

Experts say the state's brown coal reserves could provide a "safety net", but ageing power plants and instability from the interconnected national energy market may still pose a threat.

ABC News

Climate groups blast minister’s support of new Australian gas projects as ‘fact-free spin’

Transition to renewables, not new gas developments, will help avoid future power crises, environment groups say

The Guardian - AU

Queensland power prices have been capped and there's concern about blackouts. What you need to know

Fears about blackouts due to a shortage of energy in Queensland did not eventuate last night but the Sunshine State is not the only one with warnings ahead.

ABC News

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The Canberra Times

Could Australia's climate wars be coming to an end?

The latest energy ministers' meeting could well mark the start of a cooperative path forward for a new federal government.

The Guardian - AU

Labor needs to double the pace of its renewable energy rollout to meet 2030 emissions target. Can it be done?

Analysts say the extent to which Australia will have to accelerate the uptake of renewables has not been appreciated – it’s extremely challenging, but not impossible

Al Jazeera

Can renewable energy help close power gap in India’s hot summer?

As soaring temperatures load up on India’s power lines, it’s a reminder to invest more in renewable energy.

ABC News

A clean future or merely greenwashing? Critics claim Coalition's hydrogen plans are a 'fig leaf' for fossil fuels

Plans by the federal government to develop a "clean" hydrogen industry in Australia have been branded greenwashing by critics who say taxpayer money is being used to subsidise fossil fuel activities.

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The Guardian - AU

Replacing NSW coal plant with renewables would create thousands more jobs than gas, report says

Solar and wind could bring ‘jobs boom’ to regions that have previously depended on coal, Australian Conservation Foundation says

The Guardian - AU

Urannah dam business case assumes massive growth in Queensland coalmining

Exclusive: business case for project promised $483m in government funding assumes growth in mining until 2049

ABC News

Proposals to expand or prolong coal operations in NSW continue despite net-zero targets

The NSW government is labelled "hypocritical" for allowing the coal industry to prolong operations, despite its aim to achieve net zero emissions by 2050 as prices for the fossil fuel soar.

The Guardian - AU

Experts sceptical of Shine Energy’s proposed ‘flexible’ coal power station

The Australian company claims coal can be burned with ‘zero emissions’ via CCS which remains largely ineffective and unproven

The Guardian - AU

‘Gone ballistic’: lithium price rockets nearly 500% in a year amid electric vehicle rush

Labour shortages at West Australian mines contribute to rise but some analysts urge caution to investors

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