Fossil fuel subsidies cost Australians a staggering $10.3 billion in FY 2020-21 with one Commonwealth tax break alone ($7.84 billion) exceeding the $7.82 billion spent on the Australian Army, according to research released today by The Australia Institute. In fact, $10.3 billion in Government subsidies means that in 2020, every minute of every day $19,686

New research from the Australia Institute Tasmania finds most Tasmanians (63%) want to suspend the expansion of salmon farms in Tasmania, expressing widespread (63.5%) concern that the health of Tasmania’s coastal waters is declining. More than one in two (56.3%) Tasmanians agree the Tasmanian Government is not doing enough to protect the health of our

Tasmania’s marine environment and coastal waters are spectacular, but they are under threat from climate change and other pressures like salmon farming. In this episode of Follow the Money we explore what Tasmania can do to better manage its coastal waters.

A global coalition of 101 Nobel Laureates, including His Holiness the Dalai Lama and Australia’s Professor Peter Doherty, are calling out the continued expansion of the fossil fuel industry as “unconscionable” in an open letter to political leaders on the eve of US President Biden’s Leaders Summit on Climate. The Nobel Laureates – including economics,

New mines won’t boost world demand for Australian coal — but they will cannibalise jobs from existing coalmines The New South Wales government is simultaneously committed to a net-zero emissions target for 2050 at the same time as new coalmines in the Hunter Valley with the capacity to produce 10 times more coal than Adani’s

The one thing we can say for sure about Australia’s economic recovery is that it has not been gas-fired. This week the Australian Bureau of Statistics confirmed that employment in Australia has recovered to better than pre-COVID levels. This noteworthy achievement is made all the more remarkable by the fact that over the course of

Why are new coal mines like melting ice cream? In today’s episode, Richard Denniss explains the economics of coal, why Malcolm Turnbull has been in trouble with the Liberals and why we need to pause approvals of new coal mines. Host: Ebony Bennett, deputy director, the Australia Institute // @ebony_bennett Guest: Richard Denniss, chief economist,

The majority of voters (57.4%) in the NSW state seat of Upper Hunter support former PM Malcolm Turnbull’s call for a moratorium on new coal mine approvals and a remediation plan for existing mines for the Hunter Valley. The Australia Institute surveyed a nationally representative sample of 686 residents in the NSW state seat of

The Australia Institute is calling on the NSW Government to support a National Climate Compensation Fund, funded by a levy on fossil fuel exports, to help cover the crippling costs of climate change on the state. Today’s NSW Treasury Intergenerational Report on Climate Risk shows the average annual costs of climate change for NSW to

Yesterday, former Liberal prime minister Malcolm Turnbull was unceremoniously dumped as chair of the New South Wales government’s climate advisory board, just a week after being offered the role. His crime? He questioned the wisdom of building new coal mines when the existing ones are already floundering. No-one would suggest building new hotels in Cairns to help

It’s incredible what can happen in a year. This time last year Australia was heading into lockdowns and recession. The Treasurer was still sipping on his “Back in Black” mug and clinging to the idea that any stimulus spending would be small, targeted and temporary, and hundreds of thousands of Australians were still recovering from

In the Upper Hunter Valley proposals for new coal projects have a combined output of 98 million tonnes per year, equivalent to ten new Adani-sized mines, according to new research from the Australia Institute. Key Findings: In the Upper Hunter Valley, proposals for new coal projects have a combined output of 98 million tonnes per

What would happen in your industry if a judge described someone’s methodology as “inflated”, “lacking evidentiary foundation” and “plainly wrong”? If your industry would stop using that methodology, then you probably are not an economist and you don’t work for coal companies. Exactly this happened in 2019 and, with no change and no reflection, the

The federal government has made much of its “face off” with Big Tech in the showdown over digital media, but do Australian governments have the courage to take on the coal lobby, in the big energy showdown of our era? In 2019, Australian governments charged the Energy Security Board (ESB) with the daunting task of

As Covid travel restrictions ease and Australia’s agriculture sector rebounds from years of crippling drought, new research from the Australia Institute Climate & Energy Program shows that the recoveries of the Transport and Agriculture sectors will cause Australia’s emissions rise significantly—reversing emissions reductions made in 2020 and setting Australia’s emissions back to pre-2018 heights. The

New Australia Institute analysis estimates that the oil and gas industry cut around 10 percent of its workforce in the 12 months to December last year. Despite this, the Government is continuing to hand out large taxpayer subsidies to the industry as part of its “Gas-Fired Recovery JobMaker Plan.” If all Australian industries had behaved

Just as people in the Middle Ages mistakenly believed the sun revolved around the Earth, many modern-day Australians mistakenly believe our economy revolves around the coal industry. Of course, such misunderstandings aren’t an indictment of those who have been misled, but those who did the misleading. Galileo was imprisoned for life for the “heresy” of

The Federal Minister for Resources, Water and Northern Australia Keith Pitt, has today announced a $50 million taxpayer-funded subsidy to fracking companies in the Northern Territory. “Subsidising oil and gas fracking is the last thing governments should be doing from both an economic and climate perspective,” said Rod Campbell, Research Director at The Australia Institute.

by Richie Merzian & Mark Ogge[Originally published in the Newcastle Herald, 18 November 2020] A gas-fired recovery from the economic damage caused by Covid-19 will not help the Hunter region.  In fact, a gas-fired recovery will struggle to employ anyone, except the gas executives that proposed the idea. The bottom line is, creating jobs in

Let’s face it, 2020 has been a bit of a nightmare. This week, in our final episode of the year, Ebony Bennett and Richard Denniss revisit some of the Australia Institute’s predictions back in March 2020 and reflect on the way Australia’s economy and politics have changed this year in response to the pandemic. Mild

The ‘gas-fired recovery’ is supposed to help Australia’s manufacturing industry by freeing up new supply. But the Australia Institute’s research shows the days of cheap gas are over. www.tai.org.au Host: Ebony Bennett, deputy director of the Australia Institute // @ebony_bennettGuests: Mark Ogge, Principal Advisor // @MarkOgge Producer: Jennifer Macey Theme music is by Jonathan McFeat

“The Federal Government’s decision to approve the Narrabri gas project not only endangers water and the environment, but will permanently lock NSW manufacturers into high gas prices,” said Richie Merzian, Climate & Energy Director at the Australia Institute. “Australia Institute research shows high cost gas from Narrabri ($7.40 GJ at the wellhead) will displace lower

by Ebony Bennett[Originally Published in the Canberra Times, 14 November 2020] Australia is experiencing climate change now and warming is set to continue, according to the Bureau of Meteorology and CSIRO’s 2020 State of the Climate report released yesterday. This news won’t come as a galloping shock to most Australians – we can see the evidence of global warming

Research released today by The Australia Institute shows that the Federal Government’s “gas-fired recovery” will not assist Australia’s manufacturing industry. Increasing gas production is likely to benefit gas exporters, not manufacturers.  Australian manufacturing used just 373 petajoules (PJ) of gas, while more than 4,500PJ went to exports in 2018-19. Just 56PJ, or 1% of Australian

by Richard Denniss[Originally published on the Guardian Australia, 12 November 2020] While it might seem heretical to suggest we stop exporting gas, it’s important to remember that we only started exporting gas from Australia’s east coast in 2015. But since that fateful day, the wholesale price of gas has risen from around $3 to $4 per

Climate of the Nation 2020 Benchmark Report to be launched by The Hon. Matt Kean MP, NSW Minister for Energy & Environment In the wake of the devastating Black Summer bushfires, an overwhelming majority of Australians (82%) say they are concerned about climate change resulting in more bushfires, according to a new benchmark report released

A full-page advertisement will be published in The Courier-Mail on Monday 26 October 2020 featuring Australia Institute research exposing the Queensland Resources Council’s (QRC) false jobs claims. The QRC has a long history of using questionable economic modelling, known as input-output modelling, to exaggerate the number of jobs its members create. In fact, the Australian