batteries | decarbonisation | industry | investment | local content requirements (LCR) | nuclear | renewables | US/IRA |
Budget 2024-25 Response Paper
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Climate Capital Forum welcomes the clear recognition by the government of Australia’s potential to gain significantly from the fast-emerging global decarbonising economy. We acknowledge the lynchpin Future Made in Australia Act and the package of initiatives it supports as outlined in the 2024-25 Budget. Read more in our paper prepared in response to the Budget. Read more
Dutton’s nuclear plan is an expensive fantasy of distraction and disruption
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Climate Capital Forum expresses disbelief at the Coalition Liberal/National party policy announcement that it will pursue an energy policy focused on building nuclear sites in seven locations across regional Australia. Read more
We need to talk about renewable energy projects
Canberra Times
Offshore wind can play a significant role in supporting our industrial and energy security needs. With its greater reliability and consistent supply, it can be an essential component of our future economic security through the Future Made in Australia Act. Leaders from Australia’s offshore wind sector and Climate Capital Forum members, Amy Boersma, Satya Tanner and Naomi Campbell comment on how effective and efficient planning processes, with the right checks and balances are key to project success. Read more
Climate control
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Climate Capital Forum Founder, Blair Palese and Strategic Lead Amanda Caldwell respond to the 2024-25 Budget in The Politics newsletter. “Responding to the calls of investors, businesses and climate finance experts, Labor appears to be zoning in on the need for Australia to respond strongly to the US Inflation Reduction Act (IRA) with a clear vision to ensure our innovators and innovations don’t move offshore.” Read more
Budget delivers ambitious support for Australia’s decarbonising future but a clear fossil free vision is still wanting
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“The real budget news, beyond the tax cuts, energy bill rebates, rent assistance and surplus headline grabbers, is the highly ambitious funding to deliver its Future Made in Australia plan,” said Forum Founder Blair Palese. “This funding will allow Australia to build a future economy as part of the growing demand for decarbonising energy, products and manufacturing globally. But we need to do it fast.” Read our reaction to the 2024-25 Federal Budget. Read more
Budget 2024: A win for clean energy, not environment
FS Sustainability
Financial Standard’s Sustainability coverage of the 2024-25 Budget announcements for the Future Made in Australia Act Read more
After a decade of chaos, Labor finally pivots Australia away from dig-and-ship petrostate to post carbon world
Renew Economy
Climate Energy Finance and Climate Capital Forum respond to the 2024-25 Budget from Treasurer Jim Chalmers and Finance Minister Katy Gallagher: “After a devastating decade of climate and energy transition chaos, inaction and underinvestment under the LNP luddites, we appear to have a government that appreciates Australia’s comparative advantages.” Read more
“Government’s gas plan … like Groundhog Day all over again”: Climate Capital Forum
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Climate Capital Forum has slammed the federal government’s future gas strategy, saying it sends the worst kind of signal for any ambition Australia has to become a renewable energy superpower and to enable a decarbonising Future Made in Australia. Read more
Offshore wind industry picks up pace
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Granting of feasibility licenses to explore offshore wind locations off Gippsland in Victoria is the next big step for the Australian industry’s development. Read more
Australia’s leading energy industry and investment players back Albanese’s Future Made in Australia
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Leading investor groups and energy industry peak bodies have urged the Federal Government to stay the course on its newly-announced landmark Future Made in Australia Act. Read more