August 2018
More renewables mean lower prices
by Ben Oquist, Executive Director of The Australia Institute. [This article originally appeared in the Australian Financial Review 28.08.18] Scott Morrison is set to make the same mistake as the Business Council of Australia on energy and climate policy. Equating emission reductions with higher prices gets the politics and economics wrong. Australia’s climate and energy debates
July 2018
Green Finance Is Flowing, From Paris To The Pacific
By Richie Merzian, Director of The Australia Institute’s Climate & Energy Program. [Read article in the New Matilda Here] Private and public investment in a safe climate future is growing, despite the best and worst efforts of some of the world’s leading polluters, writes Richie Merzian. On a reclaimed swamp fringing the outskirts of the industrial
The Abbott doctrine of dumping deals
By Richard Denniss, Chief Economist at The Australia Institute. [View this article in the Australian Financial Review] Having abandoned the principles of small government, the right of Australian politics are now urging Australia to embrace Donald Trump’s attack on international agreements. Is there any institution these so-called “conservatives” aren’t willing to wreck in pursuit of
How ‘free marketeers’ killed Neoliberalism
By Richard Denniss, Chief Economist at The Australia Institute [Read in the Sydney Morning Herald here] Economic rationalism and neoliberalism are dead in Australia. In an unexpected twist, the idea that markets are good and governments are bad was killed by the right wing of Australian politics, who simply couldn’t resist the desire to shovel
May 2018
Time to join the budding revolution in local power schemes
Everyone is saying Tasmania is a becoming a clean energy powerhouse, so how do we make sure ordinary Tasmanians get a piece of the action?
January 2018
Energy policy based on feelings doesn’t help consumers
Just as many politicians choose to ignore the evidence of criminologists when designing crime prevention policy, the majority of Australian politicians choose to ignore economic evidence in the design of Australian energy policy. That’s OK. There’s no mention of role of evidence in the Australian Constitution and there’s no obligation on parliamentarians to base policy
November 2017
The political cost of backing Adani
he Adani coal mine is the most divisive resource project since the proposal to dam Tasmania’s Franklin River in 1983. The debate over whether to subsidise it even more so. But thanks to Annastasia Palaszczuk’s last-minute decision to veto any Commonwealth loan to the project, the voters of Queensland are now being offered a full range of policy positions
October 2017
Gas prices shine light on mining subsidies
The Australian gas industry’s best hope is the Turnbull government’s worst nightmare; a big increase in world prices for oil and gas. Santos and Origin executives lost billions of their shareholder’s dollars when they bet $60 billion worth of gas export facilities in Gladstone on a world oil price of around $US100. They lost. The
We have enough cheap, easy-to-extract gas to last 100 years. There’s just one problem
Australia has plenty of cheap gas. The problem is private companies are selling it all overseas, writes principal adviser at The Australia Institute Mark Ogge. [This article was first published by Crikey – here] Hard to believe, isn’t it? But it’s true: in the last decade, tens of thousands of square kilometers of Queensland farmland has
September 2017
Malcolm Turnbull has simply become the man with a plan for more plans
Given the enormous investment in renewable energy taking place in the US and in Europe, other national governments must be determined to drive up the price of their electricity. [First published by the Australian Financial Review – here] Either that, or everything Malcolm Turnbull has been saying about the need to keep a 50-year-old power station going
August 2017
Citizenship, the Nationals and Adani’s uncertain coal mine
The citizenship debacle engulfing the Nationals, and in turn the Coalition government, has as much to do with trust and integrity as it does with the constitution. Being consistent is important in business and in government. [This article was first published by the Australian Financial Review – here] After the Greens’ Scott Ludlum and Larissa
July 2017
Out of Energy
This opinion piece was first published in the Canberra Times on 29 July 2017. The final season of Game of Thrones is back and winter is coming for House Turnbull. The failure of the federal government on energy policy is driving up emissions, driving up energy prices, stalling investment and its harming consumers. And hasn’t
The scientific way to avoid electricity price spikes, saving Australians thousands
Imagine if petrol prices went up from $1.29/litre to $180/litre for brief parts of the day on a few days of the year. Worse still, imagine drivers had no way of knowing what price they were paying until after they’d filled up. [This article was first published by Crikey here] If that was the case, Australia’s
Technology is blind to political labels
If word processors were invented today they would no doubt be seen through the left-right prism. Like a dying star, the 18th century political binary of left and right produces far more heat as the end of its life approaches. Is a wind turbine really “left wing”? Is a grid scale battery “progressive”? [The article
June 2017
Finkel map takes scenic route to cutting carbon
It has taken ten years of cheap politics and bad policy decisions to deliver Australians high energy prices, high greenhouse gas emissions and low levels of reliability. Rather than listen to scientists, engineers or economists Australia’s energy policy has been shaped by lobbyists, political strategists and shock jocks. It’s hard to see how things went
Donald Trump is more honest about climate inaction than Malcolm Turnbull
There is a depressing honesty about Donald Trump’s announcement that the United States will withdraw from the Paris climate agreement. It stands in stark contrast to the hypocrisy of Malcolm Turnbull’s big talk on climate change, which is accompanied by a $1 billion subsidy for the enormous new Adani coal mine. At least Trump is
May 2017
Adani and the end of subsidy denial
It’s not clear whether Adani will win its battle to build its enormous new coal mine. But what is clear is that the coal industry, and the political right, have already lost the war. The enormous subsidies required to make the Adani mine “commercial” have killed once and for all the myth that coal mining
Palaszczuk and Turnbull governments are Adani mine’s lonely fans
Australia isn’t trying to stop global warming, we’re subsidising it. While here in the ACT we’re on track to source 100% of our electricity from renewable energy by 2020, in Queensland the state government is doubling down on the number one contributor to climate change – coal. Despite banks, economists and the Australian people showing
Budget 2017: Banks and miners can just pay up
The big banks have just discovered what Australia’s unemployed have known for some time, in modern Australia it is risky to be the underdog. For the last decade, at least, Australian politics has revolved around what you can get away with, not what the country needs, and the results have been nasty. And as the
April 2017
Coalition should be rejecting populist subsidies for Adani’s rail line
Barnaby Joyce says the federal Coalition’s desire to subsidise Adani’s Carmichael coal mine means the government will attract “some flak” from environmentalists. No doubt there will be, but he might do well to prepare for some friendly fire as well. [This article was first published in the Australian Financial Review – here] The government should expect some flak
March 2017
How to invent a clean energy company
This was first published in EcoGeneration online on 8 March 2017 and in the print edition. The common view of invention is that it is unexpected. The people who do it are extraordinary individuals. There are risk takers but also naturally creative geniuses. Ancient Archimedes came up with his theory of buoyancy by his spontaneous
Murky communication won’t help the clean energy cause
This was first published in EcoGeneration online on 20 Jan 2017 and in the print edition. Prime Minister Malcolm Turnbull put innovation on the national agenda when he defeated PM Tony Abbott in the leadership spill, in September 2015. Turnbull said “We have to recognise that the disruption that we see driven by technology, the
Where did all the rationalists go?
Are there any economic rationalists left in the Australian business community? Where are the fiscal conservatives when you need them? [This article was first published in the Australian Financial Review – here] Hard headed budget hawks are missing in action when it comes to our governments giving a $1 billion subsidy to help build the
February 2017
The fossil fuel industry and its alternative facts
In a post-truth world, the ability of an industry to generate its own “alternative facts” is likely to be an asset in the short term and a liability in the long term. Indeed, for those who crave certainty and value continuous disclosure, the willingness of some firms to move well beyond simply putting a positive spin on
November 2016
Some jobs are more equal than others
When Tony Abbott promised to shed more than 13,000 full time jobs from the public service there was a deafening silence from the Australian business community about the impact of job loss on Canberra communities and families. Likewise, you could hear crickets when Campbell Newman sacked 10,000 teachers, nurses and other Queensland public servants.
October 2016
Renewable Energy Culture Wars
Now that the tram war has finally been won, it is probably time to get back to arguing about renewable energy again. Regardless of whether the Canberra Liberals stick with their new-found support for the ACT’s 100 per cent renewables target or not, the hard right in the Federal Coalition has already made it clear
The Liberals own climate wars
Does the Prime Minister think ACT energy policy is visionary or vapid? First published in the Australian Financial Review – here Australian policy debate is like a drunken mob looking for a spilt pint to fight over. Even before South Australia’s lights came back on the culture warriors were out blaming wind turbines for causing
September 2016
Is this a new low: politicians using a natural disaster to push a fact-free agenda?
Unburdened by evidence, anti-wind campaigners used the South Australian blackout to kick off a debate about renewables while others waited for facts. First published by the Guardian Australia – here. Normally natural disasters are off limits to politicking, at least in the period straight after the event. So it was pretty awful watching politicians and
Theoretical purity from Climate Authority dissenters stymies climate action
First published in the Australian Financial Review – here. For the past decade the 10 per cent of the business community that profits from causing climate change has made 90 per cent of the noise about the dangers of introducing effective climate policy. But now, as the market cap of the mining sector has withered
August 2016
Both risk and opportunity in energy and environment merger
Malcolm Turnbull’s decision to merge the environment and energy portfolios could lead to a breakthrough in the toxic climate politics of climate first triggered when he was rolled by Tony Abbott in December 2009. Full article on Guardian Australia – here. Dan Cass, Strategist, The Australia Institute @DanJCass
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