November 2025

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Chasing a chimera: The political dream of AUKUS that consumes reality

by Allan Behm in Pearls and Irritations

For the sake of taxpayers, let’s hope that the Audit Office is inspecting the AUKUS books closely. Australian money is flushing into the US submarine construction system – a billion US dollars so far, with another billion by year’s end. What will Australia have to show for it? Nothing. Except, of course, for a lot of international

Expensive, publicly-funded Carbon Capture & Storage is barely visible in new emissions data

by Ketan Joshi

Buried deep in Australia new emissions data release is this nugget, in the ‘revisions’ section: “Fugitive sector emissions decreased 2.2% over the year to March 2025, mainly driven by reductions in natural gas venting emissions from new carbon capture and storage activities and a decline in production across both surface and underground coal mining. Estimates

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