Junk Carbon Credits

featuring Ebony Bennett, Polly Hemming and Richie Merzian

Today’s episode examines carbon offsets, in other words, the credits companies can buy to offset their emissions. The Australia Institute, together with the Australian Conservation Foundation did a bit of digging into Australia’s offsets system and found some alarming things. Recorded live on 5 October 2021 The Australia Institute // @theausinstitute Host: Ebony Bennett, Deputy

Insecure Workers Have Been the ‘Shock Troops’ of the COVID-19 Pandemic: New Report

New research from the Australia Institute’s Centre for Future Work confirms that workers in casual and insecure jobs have borne the lion’s share of job losses during the COVID-19 pandemic – both the first lockdowns in 2020, and the more recent Delta-wave of closures. Key Findings: Since May, workers in casual and part-time jobs have

September 2021

Richard Denniss: Australia’s carbon credits are a joke. Taxpayer money is being wasted on ‘hot air’

by Richard Denniss in The New Daily

If a tree doesn’t fall in a forest, was the climate really saved? Sadly, such esoteric questions have become the main game in the topsy-turvy world of Australian climate policy, where rising emissions from the oil and gas industry are ‘offset’ by not chopping down trees. The polite term for the creation of dodgy carbon

Statement in response to the Clean Energy Regulator

Fundamental questions of integrity have been raised by the Australia Institute and the Australian Conservation Foundation in regards to the Emissions Reduction Fund’s avoided deforestation method. Rather than investigate the method in question, the regulator has sought to discredit the analysis, and revealed an alarming lack of understanding of its own methodology. A full statement

Serious Integrity Concerns Around Australia’s ‘Junk’ Carbon Credits

One in five carbon credits issued by the Federal Government’s $4.5 billion Emission Reduction Fund (ERF) do not represent real abatement and are essentially ‘junk’ credits, according to new research by the Australian Conservation Foundation and the Australia Institute Climate & Energy Program. Key Findings: Australian Carbon Credit Units (ACCUs) generated by the ‘avoided deforestation’

The ultimate alchemy: transforming Pandora’s box into a can of worms

by Allan Behm in The Canberra Times

To say the very least, the government’s decision to acquire the technology to build nuclear-powered submarines is problematic. For those Australians familiar with the role of submarines in Australia’s defence planning – and there are more people involved in that arcane world than you might think – there is a kind of inevitability in the

OECD report a wake-up call on inequality and revenue levels

The key take away from the OECD report is that Australia’s tax system is not adequately addressing Australia’s rising inequality or revenue challenges. “The OECD says Australia does poorly when it comes to inequality. Reducing income tax or company tax rates would only serve to exacerbate this inequality. Expanding the GST would hurt poorer people;

Economists welcome end of native forest logging in WA

The Australia Institute welcomes the WA Government’s decision to end native forest logging and calls for independent inquiries into native forestry in other states. “The end of native forest logging represents not just good environmental policy, but good economic policy,” said Rod Campbell, economist and Research Director at The Australia Institute. “Australia Institute research has

Australian Government Breaking Promise on Mining Tax Transparency

Correspondence between Resource Minister Keith Pitt and civil society groups involved in the Extractive Industries Transparency Initiative (EITI) shows that the Australian Government is walking away from its promise to join the tax transparency initiative for the mining, oil and gas industry. The move comes despite major mining companies and civil society groups supporting Australia’s

Morrison and Berejiklian are attempting to shift the blame for Covid on to us

by Richard Denniss in The Guardian

In an amazing feat, both leaders shift attention away from their past performances and on to future freedoms to be granted, based on decisions made by the public In the ultimate expression of neoliberal language, prime minister Scott Morrison and New South Wales premier Gladys Berejiklian are gradually shifting their messaging away from the dangers

SA Voters Overwhelmingly Back Increased Health Funding in Key Election Battle

New research from The Australia Institute shows that South Australians rank health, the economy and climate change as the three most important political issues in South Australia ahead of the next state election. The Australia Institute’s survey of a representative sample of 599 South Australians also found the vast majority of voters would prefer it

12 Organisations Open Letter: Abolish Stamp Duty on EVs in SA

An unlikely group of 12 companies and organisations, including car manufacturers, automotive groups and environmental organisations have come together to publish an open letter to the South Australian Parliament, calling on them to abolish stamp duty on electric vehicles. The letter, which appears as a full-page advertisement in The Advertiser newspaper today, comes as the

August 2021

Doherty Modelling Assumptions Don’t Adequately Account for Changed TTIQ Capabilities

While the effectiveness of ‘test, trace, isolate, quarantine’ (TTIQ) is dependent upon case numbers, new analysis from the Australia Institute shows the Doherty Modelling does not adequately take this into account. Key findings: While most discussion is around vaccine rates and COVID cases at the time of transition to Phase B (‘opening up’) a significant

Richard Denniss: Scott Morrison’s COVID-19 plan is more spin than science

by Richard Denniss in The New Daily

The same Prime Minister who spruiks ‘technology not taxes’ as a climate change strategy is now championing ‘pharmaceuticals not physical distancing’ in the battle against COVID-19. As always, his slogan is more spin than science, and the phoney distinction will be dangerous to our health, our wealth and our society. Just as virtually every economist agrees that

Complacency spells doom, at home and in Afghanistan

by Ebony Bennett in The Canberra Times

Things feel like they’ve taken a turn for the apocalyptic lately. Between the fall of Afghanistan, the IPCC report and the exponential growth of Covid cases in NSW, every time you turn on the news things are spinning out of control. Not because there’s no hope, but because of the hubris of some of our

Reforming work and livelihoods in remote Australia

A new discussion paper published by The Australia Institute makes a case for major reforms to how livelihood and work programs operate in remote Australia. The paper was developed by eight leading researchers with decades of research experience on remote Indigenous unemployment. “We welcome the Federal Government’s acknowledgement that the Abbott-era Community Development Program (CDP)

The Coalition’s track record shows why its opposition to a Covid vaccine cash incentive is inconsistent

by Richard Denniss in The Guardian

Scott Morrison’s government loves financial incentives when they’re for CEOs and high-income earners As any parent or child knows, sometimes threats work, and sometimes bribes work. Despite the Morrison government planning to spend $180bn on tax cuts to those earning above $200,000 per year as more incentive to work hard, the Coalition are arguing that

Tax is not a dirty word. Far from it

by Ben Oquist

Tax is good. The fact that such a statement will raise eyebrows signals just how feeble Australia’s political debate on revenue has become. Taxes create space in the economy for a thriving and robust public sector. They allow us to educate our children and have a world-class healthcare system. They make a dignified retirement possible

Not All Taxes are Created Equal

New research released today by the Australia Institute outlines five sets of principles that will help evaluate the merits of different taxes. Taxation is the price we pay to live in a civilisation, however, with such a great number of tax possibilities, it is increasingly important to evaluate our taxation choices. The new report sets

July 2021

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