Author Archive: Tim Buckley
Director Energy Finance Studies, Australia/South Asia, Tim Buckley has 25 years of financial markets experience, specializing in equity valuation, including as a top-rated analyst and as co-founder and managing director of Arkx Investment Management.
IEEFA: Global capital mobilising for India’s $500bn renewable energy infrastructure opportunity
The key domestic and international institutions driving renewable energy growth in India
16 February 2021 (IEEFA India): A huge global capital pool is mobilising to invest in renewable energy and grid projects in India, according to a new IEEFA report, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs). […]
IEEFA: China’s ban is less of a threat to Australia’s coal industry than international climate ambition
Australian coal exporters will survive this near-term political fight but there are longterm structural headwinds
The decision by China’s National Development and Reform Commission to formally and indefinitely block Australian coal imports is a key threat to Australia’s political and economic wellbeing. Australia can never expect to win a trade war with its biggest export partner, and it is sheer political and economic suicide to try to do so. But […]
IEEFA: Australia should be a net-zero emissions leader
Setting a target of net-zero emissions by 2050 would maximise employment, investment and export opportunities
11 December 2020 (IEEFA Australia): Australia must align itself with the global push to go carbon-neutral to maintain strong trade in a net zero emissions world, the Institute for Energy Economics and Financial Analysis (IEEFA) notes in its submission in support of a new climate change bill before the Australian parliament. The bill, introduced by Zali Steggall, […]
IEEFA: Malaysia’s CIMB announces coal financing phase-out by 2040 as Asia’s fossil fuel divestment drive accelerates
The first emerging markets bank to announce a progressive coal exit policy
Malaysia’s CIMB Group Holdings (CIMB) has announced a comprehensive coal exit policy with a commitment to phase out both project and general corporate financing of thermal coal mining and coal-fired power generation across its portfolio by 2040. This is a first in several ways. CIMB is the first Malaysian bank to act on a formal […]
IEEFA Australia: National Electricity Market reform agenda provides path to a flexible decarbonised decentralised grid
Australia needs this to keep up with the global energy transition underway
The energy transition is gaining pace, so it is encouraging that Australia’s Energy Security Board (ESB) is pro-actively seeking input to help guide necessary reforms. The ESB, tasked by federal and state energy ministers to develop strategic policy and provide market development advice, is getting on with an ambitious program of work, including consultation on […]
IEEFA Australia: ANZ divesting from the world’s largest coal export port is ‘pragmatism’
The biggest buyers of Australian thermal coal have committed to net-zero emissions
Listen to the podcast here. ANZ, Australia’s third largest bank, has decided to stop lending to the Port of Newcastle, the world’s largest thermal coal export terminal, under its new climate change policy to cut funding to the coal sector, including the associated infrastructure and service providers. To look at the background to the bank’s […]