batteries | decarbonisation | industry | investment | local content requirements (LCR) | nuclear | renewables | US/IRA |
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
Future Made in Australia Act puts country in global cleantech race
The Australian
Future Made in Australia Act puts country in global cleantech race. Climate Capital Forum founder Blair Palese and Director of Climate Energy Finance, Tim Buckley, support the government’s Future Made in Australia act. Read more
Modernising and decarbonising our economy to position Australia to be the Global Leader in Zero Emissions Trade and Investment
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Climate Capital Forum’s initial Discussion Paper, published in February 2023, responding to the urgent need for Australia’s government to respond to the US’s Inflation Reduction Act (IRA). Read more
Community benefits from renewables can be locked in through local content requirements
Renew Economy
A coalition of business, union, First Nations and community groups are calling for local content requirements to be built into tenders for the Capacity Investment Scheme. A measured, considered domestic content stipulation in CIS tenders will support domestic clean energy and technology supply chains to mature. It can be a valuable tool that underpins investor confidence both into and by Australian companies. Read more
