There is an energy crisis. Actually, there are two separate but related crises, an electricity price crisis and gas price crisis. While separate they both have the same problem, our reliance on fossil fuels. The first is a sharp rise in electricity prices, caused almost entirely by our dependence on coal and gas for electricity

Local gas suppliers aren’t in crisis – soaring prices are going according to plan The Australian gas industry isn’t in crisis; it’s in heaven. Its profits and share prices are rising even faster than its greenhouse gas emissions, and everything is going according to the plan it has been working on for more than a

In the week before the election campaign began the IPCC released its latest report that contained warnings that deep, rapid and sustained emissions reductions are needed to prevent temperatures from rising 1.5C or 2C above pre-industrial levels.

We are entering the great era of carbon fraud. Instead of rushing to end fossil fuels, there is going to be a gold rush for carbon offsets, dirty hydrogen and carbon capture and storage (CCS), all designed not to stop climate change, but to actually drive up the consumption of coal, oil and gas. There

Defence Minister Peter Dutton’s no doubt well-meaning attempt to raise money for Queensland flood victims though a GoFundMe appeal this week revealed two concerning disconnects from reality. One was the Government’s failure to grasp the scope of the new era of climate disasters we now face. The second was a failure to meet expectations for

Australia’s largest power station is shutting down in 2025, seven years early. Origin Energy, having bought the power station from the New South Wales government less than 10 years ago, now wants to retire its last remaining coal asset. Upon announcement, the Origin Energy CEO stated “the reality is the economics of coal-fired power stations

Headlines about public funding in an election year are generally accompanied by hi-vis vests, the promise of more jobs and occasionally a bit of Top Gun theme music thrown in for good measure. So it was unusual to see a beachside photo-op with Scott Morrison to announce a “record” $1 billion investment (over nine years)

The return of Summernats to Canberra reminds us the Prime Minister promised Australia would be going into 2022 ‘looking through the front windscreen, not the rear vision mirror’. In reality, National Cabinet seems to be doing the policy equivalent of a burnout (or a doughnut as I called them growing up), spinning its wheels furiously

It’s no surprise the Business Council, the Australian Industry Group and the National Farmers’ Federation are supporting Labor’s position.

Scott Morrison thrives in the empty space between three-year terms and 30-year plans. Whether it is climate change, nuclear submarines or budget repair – it is no accident the prime minister with the shortest planning horizon in living memory is our greatest announcer of long-run plans. While the vacuousness of Morrison’s net-zero “plan” and his

I’m in Glasgow and the city is buzzing. World leaders are starting to file in with cavalcades of police around them. Curiously, there is a mish-mash of colours and markings on the police cars, as they have come in from all corners of the United Kingdom. This conference is a big deal not just for

Our Prime Minister believes in miracles – which is lucky, because he might need one to get himself out of the political mess the Coalition has made of climate policy in Australia. Any day now, it is expected the Morrison government will make a commitment to net zero emissions by 2050. The PM is probably

If you’ve ever seen the TV food series Nailed It!, or if you yourself are an amateur cook with a colourful track record, you’ll know that things don’t always turn out the way they look on the packet. This month, Prime Minister Scott Morrison will likely announce a net-zero emissions by 2050 target. On the

Sometime this month Scott Morrison will announce a net zero by 2050 emissions-reduction target for Australia. This announcement will be made with the expectation of praise. However, much like the world was indifferent when Australia signalled it would no longer be using Kyoto credits to meet its Paris targets, so too will this announcement be

If a tree doesn’t fall in a forest, was the climate really saved? Sadly, such esoteric questions have become the main game in the topsy-turvy world of Australian climate policy, where rising emissions from the oil and gas industry are ‘offset’ by not chopping down trees. The polite term for the creation of dodgy carbon

Today the federal, state and territory energy ministers will meet to discuss a range of proposed, clean energy-based redesigns of the National Electricity Market (NEM), prepared by the Energy Security Board (ESB). While Barnaby Joyce may still want to see what’s on the climate action ‘menu’, we know already that the Prime Minister’s easiest path

Carbon taxes are coming to Australia whether we like it or not. They are coming despite the triumphant ‘axing of the tax’ in 2014. They are coming despite the updated but equally loud ‘technology not taxes’ sloganeering from the Morrison government in 2021. They are coming despite our government’s refusal to commit to a net-zero

While Australia sticks to accounting tricks, calls by other countries are growing to impose a carbon price on our export Who would have thought that Scott Morrison would be the one to reintroduce a carbon tax? And who would have thought it possible to design a carbon tax on Australian polluters that delivered revenue to

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

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,