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

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,

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

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

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

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.

“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

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

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

The Australia Institute has criticised the Queensland Government’s deal to subsidise the Adani coal project via a royalty deferral deal. The long-running negotiations between Adani and the Queensland Government will allow the coal mine to ‘dig now, pay later’ at a secret, but certainly discounted, interest rate. Key points: The royalty deal has been reported

New research shows Tasmania’s management of its spectacular marine environment needs urgent attention to ensure Tasmanians can continue to enjoy economic, social, cultural and environmental benefits into the future.   The report, released today by The Australia Institute Tasmania, and the Tasmanian Independent Science Council, shows that an integrated approach to managing Tasmania’s coastal waters is

New research shows that, while South Australians are divided on the issue of a nuclear waste dump, a clear majority believe more consultation should be undertaken before any final decision is made regarding a proposed disposal and storage facility near Kimba on the Eyre Peninsula. The Australia Institute recently surveyed 510 South Australians about the

If fully unleashed, Australia’s gas resources could be responsible for up to three times the annual carbon emissions of the entire world. A landmark new Australia Institute Climate & Energy Program report, Weapons of gas destruction, commissioned by the Australian Conservation Foundation, is the first time the entirety of Australia’s gas project pipeline and resources

Economic modelling suggesting Santos’ Narrabri Gas Project would reduce gas prices is based on cost estimates from Santos itself, not independent analysis from the Australian Energy Market Operator (AEMO) as claimed by Santos. If the independent production cost estimates commissioned and published by AEMO in February this year are used, rather than the figure supplied

Results from Norway’s latest salmon auction again highlights the low price Tasmania is putting on its assets.   This week, in Norway, a total of 30 Norwegian salmon farming companies purchased additional salmon licenses worth NOK 5.9 billion or AUD $921.2 million. The Norwegian Ministry of Trade Industries and Fishing stated that it had now sold

The Australia Institute and consultancy firm, Slattery & Johnson, have released research today based on newly unredacted valuation documents about the $80 million ‘Watergate’ scandal. The documents, provided to independent Senator Rex Patrick last week after a two-year battle, contain the commercial valuation commissioned by the Department of Agriculture and Water Resources (DAWR) for negotiations

New analysis by the Australia Institute shows that the NSW Department of Planning, Industry, and Environment’s (DPIE) assessment of the Narrabri Gas Project, downplays environmental impacts and overstates economic benefits of gas development to the region, relying on modelling commissioned by the proponent of the project while ignoring research and experience from previously failed coal

New analysis by the Australia Institute Climate & Energy Program finds that using the COVID-19 recovery funding to subsidise the gas industry would create few jobs, increase emissions and lock in higher energy prices. Key Findings Despite being the world’s largest Liquified Natural Gas exporter, less than 0.2% of Australia’s workforce works in the gas

An Australian National Audit Office (ANAO) report on the Murray Darling Basin has found “information relating to value for money…was limited” for water purchases worth $190 million. The ANAO found that the Department of Agriculture, Water and Environment (DAWE): Did not consistently apply approved policy, planning and guidance to the assessment of all limited tender

A study purported to be from the CSIRO that showed that fracking was “safe for the environment” was actually overseen by the gas industry, and was based on just six of Queensland’s 19,000 coal seam gas wells, according to new analysis by The Australia Institute. The report was published by the Gas Industry Social and

Research published today by The Australia Institute highlights that employment in gas-related manufacturing declined while gas in the Northern Territory was very cheap. Fracked gas will be far more expensive, making petrochemical manufacturing in the Territory unviable without massive taxpayer subsidy. Key findings: The NT Government’s Power and Water Corporation had large surpluses of gas

Research published today by The Australia Institute shows that fossil fuel stocks have been the worst performers in the Australian stock market over the last decade. Fossil fuel stocks have lost around half their value in the first quarter this year with the COVID crisis compared to 23% for the wider market, continuing a decade-long trend of

New research from The Australia Institute’s Climate & Energy program has shown that an orderly approach to phasing-out thermal coal would shield Australian workers, communities and the economy from the negative consequences of an unmanaged transition. The study, written by John Quiggin, Professor of Economics at The University of Queensland, found that a managed transition

Research published today (Tuesday May 12) by The Australia Institute highlights the extent of taxpayer assistance to the onshore oil and gas industry in the Northern Territory.  NT Government budget papers reveal that over the last decade $94 million in subsidies and assistance measures have benefited the industry.  Key findings: The NT Fracking Inquiry recommended

Analysis by The Australia Institute shows that Victorian Government’s key report used to approve onshore gas mining appears to have underestimated the greenhouse gas emissions from new sites by up to 88%. The Victorian Gas Program Progress Report no.4 does not count emissions from the ultimate combustion of the gas, emissions from methane leakage or