You can’t be a leader if you follow people down the wrong path, which is why, with a heavy heart, I am returning the alumni award for National Leadership the University of Newcastle bestowed on me in 2017. I cannot understand how the council of a university whose motto is “I look ahead” could appoint

Originally published by the Thomson Reuters Foundation, the charitable arm of Reuters News. On June 11-13, World Leaders will gather at the G7 summit. There, they plan to adopt an agenda to “build back better from coronavirus and create a greener, more prosperous future”. We, the undersigned economists, believe that this means decisively shifting finance

The best way to keep premiums down is to prevent climate change and the disasters it causes No matter how much you pay for your home or car insurance, if your property is damaged by mouse plague, nuclear radiation, war or rising sea levels you are almost certainly on your own. If you’re lucky, your

The only viable long-term solution to our liquid fuel insecurity is to get off fossil fuels. Instead we are giving them taxpayer handouts When I was a kid, every year in early December we would go to the Geelong oil refinery in Corio. The refinery’s fire engine would cruise around, flash its lights and hand

Nothing captures prime minister Scott Morrison’s approach to climate change better than his embrace of “clean hydrogen” – a BS marketing term that delivers nothing but obfuscation and helps no one but the fossil fuel industry. Tellingly, this approach isn’t even new: Morrison has simply dusted off an old polluter playbook and changed a few

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

When Malcolm Turnbull was dumped last week from New South Wales’ Net Zero Emissions and Clean Economy advisory board as quickly as he was appointed, the move shocked many people. Turnbull was dropped by his own protégé, the state’s Environment minister, Matt Kean, and by a government in NSW that had previously seemed receptive to

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

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

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

The prime minister’s initial target of beginning the rollout of Covid-19 vaccines “as soon as January” is in tatters and mid-February is looking shaky. Likewise, the target of “fully vaccinating” some 26 million Australians by October. But just because someone fails to hit a target doesn’t mean they shouldn’t have set it. On the contrary,

Is it fair that young men pay more for car insurance than older women, or that we make young healthy people buy private health insurance to keep the price of health insurance low for older customers? How about the fact that those who live in far-north Queensland are paying far more for home and contents

by Ben Oquist [Originally published by the Canberra Times, 26 December 2020] On climate policy, both the election of Joe Biden and the acrimony from China should make Australia’s transition away from coal easier, though more urgent. Likewise, the strains that democracies are under around the world, especially in the United States, make the case

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

by Ebony Bennett[Originally published by the Canberra Times, 12 Dec 2020] 2020 has seen a shift in the balance of power. Not in the Senate, but between the Federal Government and the States.   All last summer during the bushfires—while the Prime Minister was infamously not holding a hose—it was the Premiers and Chief Ministers who

by Richard Denniss [Originally published by Guardian Australia, 09 December 2020] Political pressure makes the impossible inevitable. Unfortunately, so much has been written about how democracy is broken, that it can seem churlish to point out that sometimes it works just as it is designed to: slowly, imperfectly and then suddenly. Take, for example, Scott

by Richard Denniss[Originally published on the Guardian Australia, 25 November 2020] The purpose of the tax system isn’t just to collect revenue, it’s to shape society in ways we see fit. It’s no accident that fresh food is excluded from the GST and it’s no accident that the tax on alcohol is higher than the

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

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

The Australia Institute has welcomed the decision from the South Australian Labor and Greens parties to oppose the Marshall Government’s proposed Electric Vehicle Tax. “The Australia Institute welcomes the decision of the South Australian Labor Party and the South Australian Greens to oppose the electric vehicle tax,” said Noah Schultz-Byard, SA Director at The Australia

by Richie Merzian[Originally published on the Guardian Australia, 04 November 2020] Whether Donald Trump loses or wins the presidential election, the US will officially withdraw from the Paris agreement on Wednesday. The US intention to withdraw was announced in mid-2017 and, exactly one year ago, formal notification was sent to the United Nations. It caps

by Ben Oquist[Originally published in the Canberra Times, 31 October 2020] When NSW Liberal Minister Matt Kean invoked Menzies’ forgotten people this week, he flipped climate politics on its head. Speaking at the launch of the Australia Institute’s annual benchmark report on attitudes to climate change, Climate of the Nation, the Energy and Environment Minister charted

by Ebony Bennett[Originally Published in The Canberra Times, 19 September 2020] Gas didn’t even make AEMO’s top five list of potential sources of dispatchable power – but the Coalition is looking to divert taxpayer funds earmarked for clean energy into LNG projects. Picture: Shutterstock  Just months after Australia endured its worst climate-fuelled bushfire season on

by Richard Denniss[Originally published by the Guardian Australia, 03 September 2020] Rather than drill new fracking wells into prime farmland, the quickest, cleanest and most economically efficient way to boost the supply of gas in Australia is to stop wasting it. According to the Australian Industry (AI) Group’s budget submission, “Ramping up support for manufacturers to

by Ebony Bennett[Originally published by the Canberra Times, 22 August 2020] The same geniuses who hiked up domestic gas prices, raked in the profits and left Australia with bupkis to show for it are trying to convince us (once again) that Australia has a gas supply shortage requiring huge taxpayer subsidies. So, let me explain

by Richard Denniss[Originally published on Guadian Australia, 19 Feb 2020] After a summer of catastrophic bushfires, the most brutal evidence of the impacts of climate change, the Government has managed to move the debate towards the ‘pros and cons’ of setting a long-term net zero emissions target for 2050. Well played, Scott Morrison. While #Scottyfrommarketing

by Richard Denniss[Originally published in the Australian Finacial Review, 24 Feb 2020] If you think Ministers handing out sports grants to marginal electorates is a waste of taxpayer money, you need to take a look at the Coalition’s plans to hand out coal fired power stations as well. The former free marketeers in the Coalition

by Richie Merzian[Originally published by 10 Daily, 11 Feb 2020] In a matter of days, many Australians have been thrust from one extreme to another — from bushfires that refuse to be put out, to flooding rain that seemingly won’t stop. It’s a cruel irony. The unprecedented bushfires that devastated Eastern Australia over the summer