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in emerging Australian mining developments, local content requirements to spur domestic sectors, and regulating where out-of-date structures hold us back.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
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
“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
Our Work
batteries | decarbonisation | industry | investment | local content requirements (LCR) | nuclear | renewables | US/IRA |
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
Coalition proposal undercuts Australians to fund expensive nuclear fantasy
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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
Why we must move now on Future Made in Australia, even if it’s not perfect
Renew Economy
Blair Palese, Climate Capital Forum Founder, makes the case for moving now on the Future Made in Australia legislation, even if there’s more work to do Read more
“Community support for renewables isn’t bought, it’s earned”, Squadron boss says
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Satya Tanner, Managing Director of LAUTEC Australia features in this article in Energy News Bulletin on winning community support for rolling out renewable energy projects. Read more
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