More than 100 of Australia’s biggest greenhouse gas emitters from the mining industry want Labor to cap the price of scarce carbon credits to stop speculators making offsets so costly that resources firms are forced to prematurely close mines. The Minerals Council of Australia issued the “must have” demand on Friday to cap carbon at
Luke Grants speaks with Mark Ogge, Principal Adviser at The Australia Institute’s Climate & Energy Program, regarding their new research that shows virtually no tax or royalty is paid on two thirds of the gas exported from Western Australia. Liquefied Natural Gas (LNG) worth $27 billion was exported from WA last year, while only $430m
The iron ore giant’s backing of renewable energy is anything but a purely altruistic, not-for-profit exercise
Australia Institute report finds state received only $430m of its revenue from industry that generated $27bn in exports last year
A “gas-fired robbery” is underway in an offshore heist that is cheating Australians out of a much-needed tax windfall, a report says. “What if you gave your house to a real estate agent and trusted them to sell it and they gave it away to a mate for free – it’s that outrageous,” Australia Institute
Carbon capture and storage technology is being touted as a major part of Australia’s net zero carbon emissions by 2050 goal. In a little more than a year, the federal government has committed more than half a billion to various carbon capture projects, but CCS, as it’s known, remains controversial. This report from Andy Park
Hostplus has agreed to divest from companies linked to the nuclear weapons industry after coming under pressure from progressive think-tank the Australia Institute and Quit Nukes. Other industry funds are being lobbied to follow suit, including AustralianSuper, which has $1.5 billion invested in 18 companies that critics say are linked to the nuclear weapons industry.
Kiribati’s president Anote Tong has through a letter asked prime ministers of the world to support a global moratorium on new coal mines, which Australian Richard Denniss has responded to with the seriousness it deserves. An increase of two degrees Celsius and rising sea levels would make it impossible to live in major parts of
Australian farmers have lost $61.5 billion in export income since the mining boom pushed the Australian dollar to historic highs, a new analysis by The Australia Institute reveals. Still beating around the bush: The continuing impacts of the mining boom on rural exports examines the rural sector’s export income from the beginning of the mining
Australian farmers have lost $61.5 billion in export income since the mining boom pushed the Australian dollar to historic highs. Matt talks to ABC ‘PM’ on why the high exchange rate caused by the mining boom is hurting the rural sector of Australia.
When the carbon tax came in many people were very worried about the extra cost driving manufactures offshore. However, since this time the exchange rate has risen over 30 per cent and is doing far more damage to manufacturers than the carbon tax ever would. Richard talks to Radio National Sunday Extra about why the
According to the Western Australian government’s own economic assessment, the Browse LNG precinct proposed for James Price Point is likely to have a significant adverse impact on the state’s budget, will employ few local workers and harm the region’s reputation as a tourist destination, a new analysis by The Australia Institute has found. While there
The macroeconomic case for slowing down the mining boom This paper considers a feature of the mining boom which has been barely considered in the Australian policy debate to date, namely, how fast should the mining construction boom be allowed to develop? To read the paper, click here To read media coverage of the paper,
Contrary to popular belief, the policies that are most effective in driving down greenhouse gas emissions actually raise revenue rather than cost the budget money. The Gillard Government has recently scrapped, or wound back, a range of policies designed to help reduce greenhouse gasses in order to ensure the budget returns quickly to surplus. These