Workers installing solar panels

We bring together leading thinkers and key policy makers to address critical issues on decarbonisation and support efforts at all levels of government to build a strong future economy.

The world is currently in a technology, trade and finance race as the global energy transition takes
hold and we grapple with the growing impacts of climate change and climate risk.

When the United States introduced the Inflation Reduction Act (IRA) in August 2022 it set off a race for investment funding across the globe and shifted the economic paradigm.

For Australia, this is one of the biggest investment, employment, and net export opportunities this
century. There is no more free market in the race to decarbonise and Australia must respond with what works best here: smart incentives such as tax credits for advanced manufacturing, new strategic funding for investments in the national interest such as equity in emerging Australian mining developments, local content requirements to spur domestic sectors, and regulating where out-of-date structures hold us back.

A major public policy shift is required, at scale, to attract investment needed to crowd in private capital and enable large-scale investment that ensures Australia seizes the economic and employment opportunities from being a renewable energy and critical minerals superpower.

Making those investments now would set the right market signals while also strategically leveraging the national balance sheet to provide confidence to investors.

Climate Capital Forum is supported and hosted by our partner, independent public interest think tank, Climate Energy Finance. Read more about their important work here: Climate Energy Finance

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

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Climate control

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

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“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

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Our Work

Opinion | Oct 1, 2024

Offshore power generation poses a dilemma for developers

The Australian

Forum member Mads Prange Kristensen, CEO of KRISCON, explains the challenges facing developers when assessing investments in developing markets. The Developer’s Dilemma involves “deciding how far along the development process they are willing to keep spending money versus the certainty of getting a return on the investment.” Read more

Papers | Oct 1, 2024

A 2050 retrospective: How Australia thrived in the global shift to clean, resilient energy systems

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In a paper for Engineers Australia, Forum member Satya Tanner worked with Heidi Lee, CEO of Beyond Zero Emissions and Steve Blume, Chair of SolarShare Community Energy and former President of Smart Energy Council, exploring the impact of three decades of change on the energy economy, energy sources, technologies and exports. Changes that were driven by energy and economic security concerns, and emissions reductions. Read more

Opinion | Sep 20, 2024

In my view: Satya Tanner featured in Smart Energy Council magazine

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September 2024 issue of Smart Energy Council’s Magazine features an opinion piece from Forum member Satya Tanner linking the importance of securing social licence to the success of the renewable energy industry, and to deliver Australia’s economic and energy security. Read more

Articles | Aug 28, 2024

Climate groups and unions criticise opposition’s proposed $100bn cuts

The Guardian

Coverage of our joint statement responding to Coalition’s plans for a razor gang to industry, health, education and transport funding should it win power at next election Read more

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