Media Releases
Coalition proposal undercuts Australians to fund expensive nuclear fantasy
___
Climate Capital Forum is one of 30 organisations who joined in a statement responding to the federal Coalition’s proposal for $100 billion in cuts to housing, transport, education, and climate solutions. Read more
Dutton’s nuclear plan is an expensive fantasy of distraction and disruption
___
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
Budget delivers ambitious support for Australia’s decarbonising future but a clear fossil free vision is still wanting
___
“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
“Government’s gas plan … like Groundhog Day all over again”: Climate Capital Forum
___
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
___
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
___
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
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
Green Steel Supply Chains are Australia’s Top Decarbonisation Opportunity but a clear and credible commitment to moving to net zero is needed: Climate Capital Forum
Allocating taxpayer monies to support BlueScope Steel to invest $1bn to lock in high emissions blast furnace technology for the next 20 years is a missed opportunity according to Climate Capital Forum. Much stronger incentives are urgently needed to reduce – not support new – fossil fuel powered production. Read more
Post MYEFO, there is no time to waste to step up the energy transition investment phase
Joint release with the Climate Energy Finance and Smart Energy Council: Incremental funding for Australia’s potential as a renewables driven critical minerals superpower of another $3bn in 2023 MYEFO does not come slightly near the scale and speed of investment and policy ambition that Australia needs. Read more
