batteries | decarbonisation | industry | investment | local content requirements (LCR) | nuclear | renewables | US/IRA |
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
Australia has massive battery opportunity, and it needs to think big and go hard to seize it
Renew Economy
Opinion piece from energy leader Danny Kennedy from New Energy Nexus on the opportunity for Australia for invest onshore in battery processing. “Time and again we are faced with this frustrating lack of both vision and understanding of the context, scale and urgency of the task before us. Australia produces over half of the world’s lithium yet retains less than 1% of the profit that lithium eventually delivers in final products of batteries and EVs. Why not invest in manufacturing batteries onshore? It’s a sector ripe for scaling, something we’re told time and again that we can’t do. Why?” Read more
Governments must prioritise local content requirements in the transition to net zero
Manufacturers Monthly
Report on benefits for Australian businesses, communities, First Nations, and workers from the energy system changes – so long as our governments prioritise local content requirements in the drive to decarbonise our economy and transition to net zero. Read more
Community benefits can be captured in renewables projects through local content requirements
A coalition including leading union, investor, energy, industry and First Nations peak groups has called on the federal government to embed requirements for locally produced and supplied components into all renewable energy supply chain manufacturing and development to ensure the benefits of the energy transition are returned to local communities, businesses, workers and the Australian domestic economy as a whole. Read more