April 2022

Australia 91% reliant on foreign oil: Research Report

A new research report by The Australia Institute has revealed the country has only increased its reliance on imported transport fuels since the federal government released its dire interim Liquid Fuel Security Report in early 2019. The research finds that Australia’s transport fuels are highly vulnerable to international prices and supply chains and yet demand-side

Government Energy Claims Don’t Stack Up

“Australia’s electricity grid is not fit-for-purpose and requires additional investment. The long-term benefits include a more stable grid and cheaper power prices thanks to onboarding more renewables,” said Richie Merzian, Climate & Energy Program Director at the Australia Institute. “The evidence shows that wholesale electricity prices have increased in every jurisdiction in the National Electricity

Federal Coal Closure Changes No Substitute for Real Roadmap

Statement in response to Federal Government announcement it seeks to delay coal fired power plant closures by introducing new rules that five years’ notice must be provided before closing power stations. “What we are seeing is another knee-jerk reaction from Minister Taylor because Australia’s Energy Minister was left out of key negotiations on Australia’s largest

Tidal Wave of Alarm for Tassie Oceans Amid Landmark Marine Law Review: Research

An overwhelming majority of Tasmanians (76%) are concerned about the dire state of Tasmania’s coastal waters and oceans amid a landmark law review aimed at protecting the marine environment and economy, according to new research from the Australia Institute Tasmania. The new polling supports the Australia Institute Tasmania’s call for a marine law overhaul, contained

Narrabri Coal Mine Approval No Joke for Climate

“Today’s decision by the NSW Independent Planning Commission (IPC) decision to approve this coal mine is no joke for our climate,” said Rod Campbell, Research Director at The Australia Institute. “The IPC has got it wrong on climate, tax and economics. The decision to approve Whitehaven Coal’s Narrabri mine extension to 2044 is reckless and

March 2022

Fuel Excise Cut ‘Bad Economic Policy’

The Federal Government Budget 2022 has cut the fuel excise by 22 cents for a six month period. “The fuel excise cut is bad economic management, bad economic policy, and bad policy full stop,” said Richie Merzian, climate & energy director at the Australia Institute. “For the last nine years this government has kept Australians

Time to Scrap SA’s EV Tax as Petrol Prices Surge

The new South Australian Labor Government has been encouraged to move ahead with its promised scrapping of the state based EV Tax sooner rather than later, due to the rapidly increasing cost of petrol and confirmation that the Federal Government is considering options for a national tax on electric cars. Background: Laws introducing a South

‘The science is clear. It’s over to you now’: IPCC Report

“The new IPCC report on climate Impacts paints a dire picture of the reality of climate change now and the limits available to adapt to a warming world. The best response remains rapid emissions reductions while cushioning the impacts through greater research and spending on adaptation. “It’s unbelievable and irresponsible that after all the devastating

February 2022

Basic carbon price makes Narrabri coal mine uneconomic: research

New research reveals the economic benefits of the proposed Narrabri Whitehaven Coal Mine would be reduced to zero in the event a basic carbon price was included in its assessment. In a submission to the NSW Independent Planning Commission, the Australia Institute details how Whitehaven corporation have overstated the economic benefits of the proposed mine,

January 2022

Resource Investors Back Electrification Over Fossil Fuels

New research released by The Australia Institute shows that new investment in the resource sector is overwhelmingly focused on electrification minerals rather than fossil fuels. Key Findings: In the last year, 42 companies targeting electrification minerals listed on the ASX compared to just one fossil fuel company. The newly listed resource companies look to produce

December 2021

Time to Plan for and Support Early Coal Phase Out

Statement in response to draft Integrated System Plan 2022 from the Australian Energy Market Operator (AEMO) “The energy market operator has finally mapped out an ambitious energy future aligned with the Paris Agreement. The plan aims to rapidly phase out coal power while increasing energy supply to help electrify everything like our cars, homes and industries.

New Analysis: Most Major Australian Superannuation Funds Invest in Nuclear Weapons Despite United Nations Treaty

New research from the Australia Institute and Quit Nukes reveals most major Australian superannuation funds have holdings in nuclear weapons companies, such as Airbus, Raytheon and Lockheed Martin. While many exclude so-called ‘controversial weapons’, they do not include nuclear weapons in the definition and continue to invest in nuclear weapons companies. Nearly one year into

Labor Climate Announcement Good First Step, But More Action Needed on Fossil Fuels

Labor has announced its climate platform which includes setting a 43% by 2030 emissions target. It has committed to gradually tightening Safeguard baselines from Australia’s biggest polluters, but has not clarified whether these baselines will lead to absolute reductions or reductions in emissions intensity. “An increased 2030 target is a good first step, however the

November 2021

Victorian Government rejection of Gippsland Mineral Sand Mine: Win for Community & Local Economy

The Australia Institute welcomes the decision by Victorian State Minister for Planning Richard Wynne to reject the Fingerboards Mineral Sands project proposed by Kalbar Resources. Rod Campbell, Research Director at The Australia Institute, was an expert witness in the planning hearings that led to the rejection. He was called by community group Mine-Free Glenaladale. “We

COP26 Glasgow Ends: Coal Phase Down Agreed, Glimmer of Hope Remains

“If COP26 is judged on its ability to advance emissions reductions, then Glasgow has already moved the dial forward,” said Richie Merzian, Climate & Energy Program Director at the Australia Institute, from Glasgow. “Attempts to name and shame fossil fuels have been blocked for major fossil fuel producers in the UN, but finally a line

New paper exposes five wealthy countries whose fossil fuel production threatens chances of keeping 1.5ºC hope alive

The Fossil Fuelled 5 examines five wealthy nations – the US, Canada, Norway, Australia and the UK – that have a widening gap between their rhetoric on climate action and their plans to expand the production of fossil fuels. The paper gives a snapshot of how each is undermining global efforts to address the climate

Analysis: Federal Government Net Zero Modelling is Economic Science Fiction

The Australia Institute has reviewed the Federal Government’s newly released Long-term emissions reduction plan: Modelling and Analysis. “The Federal Government’s climate modelling is like economic science fiction,” said Dr Richard Denniss, chief economist at The Australia Institute. “The claimed economic benefits come not from avoiding catastrophic climate change, that is ignored, but from a speculative $50 billion

‘Technology Not Taxes’: a Failure Australia Has Seen Before

The Morrison Government’s plan to reduce greenhouse gas emissions with ‘technology not taxes’ is neither plausible nor original. New Australia Institute analysis shows that back in 1997 the Howard Government announced a similar plan, with no carbon price and no regulatory restrictions on fossil fuels, that failed to deliver more than 400 MT CO2-e of

Australia drops four places on global climate ranking

The annual Climate Change Performance Index released today has ranked Australia last on climate policy, ranking in 64th place. Furthermore, Australia dropped four places to 58th out of 64 places overall in the index, ahead of only Korea, Chinese Taipei, Canada, Iran, Saudi Arabia, and Kazakhstan. Australia received very low ratings for its performance across

Federal Government’s Future Fuels Electric Vehicle Announcement Little More Than Another Pamphlet

“The Federal Government’s new Future Fuels Strategy will struggle to drive up electric vehicles sales and drive down transport emissions. Norway, the global leader on EVs, has driven the transition to cheaper, faster, and cleaner vehicles through credible policies and regulations,” said Richie Merzian, climate & energy program director at the Australia Institute. “The Prime

New analysis: Australia backsliding in climate adaptation approach

The COP26 Presidency has stated Monday 8 November in Glasgow will focus on the theme of adaptation, to ensure all countries enhance their resilience in the face of unavoidable climate impacts. Despite updating its National Climate Resilience and Adaptation Strategy ahead of Glasgow, Australia remains especially at risk and lagging significantly behind other countries in

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