August 2015
Global moratorium on coal push from the Pacific – an urgent wake up call for Australia
Today’s call by the President of the Republic of The Kiribati for a coal moratorium is a wake-up call for the Australian Government who, only last week, was publicly expressing support for the construction of the enormous Adani – Carmichael mine in Queensland. No New Coal Mines website “As the world prepares to meet in
SA’s Strange Love of a Nuclear Pipe Dream
The Australia Institute has submitted a report to the inquiry into nuclear power in South Australia has found major flaws in both economic and technological assumptions underpinning the pro-nuclear push. “Nuclear power is not a practical option for South Australia,” Chief Economist at The Australia Institute, Richard Denniss said. “There are some very strange assumptions
June 2015
Queensland’s choice: schools or mining subsidies
Queensland spends less on social services than the rest of Australia in per capita terms, a new report from The Australia Institute has revealed. (Table 1 below) The state is the nation’s biggest spender of public funds in one area though; subsidies for mining projects. Currently public schools face a $268 million maintenance backlog, and
Universities should be divestment leaders: Poll
Most Australians agree universities should avoid investments in fossil fuels, according to the first national polling on the topic released today by The Australia Institute in a new report. The polling also shows university decisions to avoid fossil fuels may boost donations from alumni, while also encouraging people with superannuation to consider low carbon funds.
May 2015
Australian taxpayers’ slice of $10 million per minute fossil fuel subsidies bill
The Guardian reported this morning International Monetary Fund calculations that world fossil fuel subsidies are running at $5.3 trillion dollars annually, or $10m per minute. In Australia, successive state and federal governments have given subsidies in the form of diesel fuel rebates, infrastructure funding and royalties discounts worth billions. TAI director of research, Rod Campbell,
April 2015
Expert evidence given to case against Adani coal mine at Carmichael
Executive Director of The Australia Institute, Richard Denniss, today delivered expert witness testimony to a court challenge of the approval of a major coal mine in the Galilee Basin. Summary: Adani have long claimed in public that the Carmichael mine project will create 10,000 jobs. In court, Adani’s own economist testified that the project would
February 2015
LNP’s $450m taxpayer subsidy to Adani: not required
Indian mining company Adani says its Carmichael coal project in Queensland’s Galilee Basin does hundreds of millions of dollars in taxpayer funds promised to it by the Queensland LNP, raising questions over why such a subsidy was offered in the first place. The $450 million rail subsidy, along with the offer to waive royalty payments
January 2015
Complaint lodged with ACCC over inflated Galilee job figures
Job creation claims relating to coal projects in the Galilee Basin have been inflated by 300%, from 9,000 to 27,000, according to a report by economists at The Australia Institute. The Australia Institute’s Executive Director, Dr Richard Denniss, said the use of input/output modelling used by those championing the Galilee coal projects has been described by the
September 2014
Facts about the NSW Minerals Council Debate
Richard debated Stephen Galilee, the head of the NSW Minerals Council on 7.30 NSW regarding their recent attack on our research into mining subsidies. This material sheds light both on our approach to our research and the disingenuous approach taken by the NSW Minerals Council.
MR: Australia Institute calls on the Minerals Council members to come clean and apologise
The Australian Institute says the Minerals Council members – the large, mostly foreign-owned, mining companies – should explain the attacks on The Australia Institute. The Minerals Council has claimed that The Australia Institute is being directed by a political party. This is untrue and defamatory. The Minerals Council should immediately desist from making such claims
July 2014
What to make of Palmer’s gambit – A message from Ben Oquist
Last week was another big week for The Australia Institute. You might have seen that we launched another major research report, Mining the Age of Entitlement, this time on the $17.6 billion worth of taxpayer support that State governments have given the mining industry. You might have seen Ben Oquist’s name mentioned in relation to
June 2014
Age of entitlement lives on: Report exposes billions in government handouts to mining
Age of entitlement lives on: Report exposes billions in government handouts to mining State governments are providing billions of dollars in subsidies to the minerals and fossil fuel industries, a new report by The Australia Institute (TAI) has revealed. The report exposes the massive scale of state government assistance, totalling $17.6 billion over a six-year
MR: Coal not vital to economic success of Hunter Valley
A strong majority (83%) of Hunter Valley residents do not want to see the coal industry expand, while 41 per cent would like to see it decrease or be phased out, a new research paper by The Australia Institute finds. Seeing through the dust: Coal in the Hunter Valley economy will be launched at 10.30am,
April 2014
MR: Warkworth decision another blow for dodgy economic modelling
Today’s Supreme Court judgement reinforces the view that the economics of Rio Tinto’s Warkworth project have never stacked up for NSW or the people of Bulga, according to The Australia Institute. Two economists from The Australia Institute, Dr Richard Denniss and Rod Campbell, gave evidence in Bulga’s successful Land and Environment Court case against the
March 2014
MR: Growing your own a popular pastime for Australian households
Grow your own: the potential value and impacts of residential and community gardening will be launched today at 10.30am by Gardening Australia’s Costa Georgiadis at the Wayside Chapel in Sydney. The Australia Institute paper, by Poppy Wise, reveals two out of three households support more locally produced food via community gardens, school gardens, and in
MR: Public wants more CSG regulation and more federal intervention
One in two Australians want more regulation of coal seam gas, while 71 per cent think the federal government should be responsible for regulating the industry rather than individual states, according to new research by The Australia Institute. Fracking the future: Busting industry myths about coal seam gas will be launched today by former Independent
MR: TAI Coal Submission Censored
The NSW Department of Planning and Infrastructure has censored parts of The Australia Institute’s submission on the Terminal 4 coal project. The Institute’s submission focuses on the economic assessment of the project and highlights a number of flaws in the economic modelling. Almost a page of text showing the relationship between an “independent” reviewer of
MR: Fossil fuel stocks increase risk, not returns
Investments in coal, oil, and gas increase financial risk without increasing returns, according to the new report Climate proofing your investments: Moving funds out of fossil fuels published by The Australia Institute. To meet the internationally-agreed two degree global warming limit, fossil fuel businesses must leave in the ground two-thirds of the reserves currently on
New Acland Coal Mine Assessment Deeply Flawed
The New Acland coal mine is applying to expand its operations in one of Australia’s most productive agricultural regions, the Darling Downs. The mine has been controversial since it began, in its impact on the agricultural economy, and in clearing out the town of Acland where now only one resident remains. The New Acland Mine
February 2014
Great Barrier Reef at risk if Coal Train Approved
The North Galilee Basin Rail project is not in the best economic or environmental interests of Queensland and should not be approved according to The Australia Institute’s submission to the Queensland Government today. It is inexcusable that a cost-benefit analysis has not been demanded by the Newman government before looking to approve the 300 kilometre
December 2013
MR: Vanishing Acland ignored by miners in Darling Downs
The economic benefits of a major Queensland coal project in the Darling Downs were exaggerated and the negative impacts underplayed, according to an analysis by The Australia Institute. There are currently 28 proposed mining projects in Queensland and the state government has committed to doubling coal production and exports by 2030. One of the projects
November 2013
MR: CSG not worth risk to health & environment
Health and climate impacts suggest unconventional gas is not the best option for Australia’s energy future, according to research released today. The research paper Is fracking good for your health? is co-published by The Australia Institute and The Social Justice Initiative. It examines existing research to analyse the impacts of unconventional gas – coal seam gas (CSG),
October 2013
MR: What Australians don’t know about CSG
Everyday Australians are feeling uneasy and under-informed about the risks surrounding the extraction of coal seam gas (CSG), according to new research by The Australia Institute. A survey of more than 1400 people makes up part of the research paper What Australians don’t know about CSG. Respondents were asked about their knowledge of, and concerns
September 2013
Abbott risks health and environment for free trade
The Coalition’s newly announced trade policy leaves the federal government vulnerable to legal action from international companies, according to The Australia Institute. Hours before voters head to the polls, the opposition has announced it would use investor-state dispute settlement clauses in free trade agreements. The move would give foreign companies the right to take action
August 2013
CSG regulation should be federal issue
The federal government should do more to protect agricultural land from coal seam gas mining, according to a new report commissioned by The Australia Institute. The research, released today, was untaken by the Australian Network of Environmental Defender’s Offices. It identifies areas of the Constitution of Australia which would allow for national reforms to protect
Federal politicians – don’t pass buck on mining & CSG
The Commonwealth government has the power to protect Australia from the negative impacts of coal mining and coal seam gas and shouldn’t pass responsibility to the states, according to new research commissioned by The Australia Institute. The research, released today, was untaken by the Australian Network of Environmental Defender’s Offices. It identifies areas of the
QLD job losses dismissed to make way for China First mine
The Queensland government’s approval of Clive Palmer’s latest coal mine and rail project shows a blatant disregard for the thousands of jobs that will be lost as a result, according to The Australia Institute. Waratah Coal’s own economic impact statement shows the China First mine will see 3,000 people losing their jobs, primarily across Queensland.
July 2013
Gas industry’s multimillion dollar fib
The gas industry’s claims that new gas supplies are needed to bring down energy prices are misleading and incorrect, according to The Australia Institute. APPEA has today launched a national multimillion dollar campaign claiming that without developing new gas supplies Australia will lose jobs and energy prices will continue to soar. But research from The
Consumers to pay more when gas sold overseas
Households in eastern Australia are about to be hit with more gas price increases which could see wholesale prices triple, according to new research from The Australia Institute. The independent think tank’s paper Cooking up a price rise finds that wholesale gas prices will rise from around $3 or $4 a gigajoule to around $9
June 2013
Pouring more fuel on the fire
The federal government is pouring an extra half a billion dollars into taxpayer-funded subsidies to the mining industry, research by The Australia Institute has found. The Institute’s new paper Pouring more fuel on the fire reveals the booming sector has been propped up even further over the past year and now receives $4.5 billion from
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