This is Part 2 of our two-and-a-half hour interview with Tim Buckley, of the Institute of Energy Economics and Financial Analysis, based in Australia. We featured Part 1 in Episode 91, in which we primarily discussed the future of coal fired power in India. In this second part, we expand on the India story and look more broadly at energy transition across Southeast Asia, and consider the outlook for coal, renewables, and nuclear power in China, Japan, Bangladesh, Pakistan, and Malaysia, among others. As he did in Part 1, Tim shares with us in this episode a fascinating set of data on the future of energy in Southeast Asia that is oftentimes at sharp variance with the projections that we hear from energy watchdogs like the International Energy Agency. Tim tells a much more hopeful story about energy transition in the developing world. For example: If you think that China’s building more coal plants means that its coal consumption is going to go up, think again! Energy transition is moving ahead, and will move ahead, much more quickly in Southeast Asia than any of our major agencies project, and that is great news for the climate.
Tim Buckley is the Founder and Director of Climate Energy Finance (CEF), a Sydney-based think tank established in 2022 that works pro-bono in the public interest on accelerating decarbonisation in line with the climate science.
Tim has 35 years of financial market experience covering the Australian, Asian and global equity markets and is a influential energy finance commentator. He has written more than 100 reports on the global energy transition, and the roles of finance and policy in accelerating critical decarbonisation trends.
Tim was previously the Australasian Director of the global Institute for Energy Economics and Financial Analysis, 2013-2021. Prior to this, Tim was a top-rated equity research analyst, including Head of Equity Research in Singapore at Deutsche Bank, Managing Director, Head of Equity Research at Citigroup for 17 years, and co-Managing Director of Arkx Investment Management P/L, a global listed clean energy investment start-up jointly owned with Westpac.
Tim started his career as a lecturer in Finance and Market Regulation at the University of Technology, Sydney before moving to Macquarie Group in 1988 to work in equity research. Tim has a Bachelor of Business majoring in Accounting and Finance from UTS (1985-87), the US SEC Series 7 (General Securities Representative Qualification Examination) and Series 24 (General Securities Principal Qualification Examination) qualifications.
On the Web: https://climateenergyfinance.org/
Recording date: February 10, 2019
Air date: April 17, 2019
Geek rating: 4