August 2019
A condescending Pacific step down
by Richard Denniss[Originally published in the Australian Financial Review, 20 August 2019] Short-term thinking is often a feature of Australian domestic politics but when it comes to foreign policy, we’ve usually played the long game. Not any more. The Morrison Government is placing 1000 potential coal jobs ahead of its ‘Pacific Step Up’, announced in 2017 to
We’re wasting too much energy on nuclear talk
by Richie Merzian[Originally published in the Canberra Times, 10 August 2019] Late last Friday – a timeslot where ministers are known to announce policies they are most proud of – the Minister for Energy, Angus Taylor, ordered a parliamentary inquiry into nuclear energy. Prime Minister Scott Morrison and Minister for Energy and Emissions Reduction Angus
July 2019
Our climate inaction will destroy our Pacific neighbours
by Richie Merzian[Oringinally published in The Canberra Times, 27 July 2019] The single greatest threat to Australia and the Pacific is climate change. But given Australia’s actions over the last 12 months, you wouldn’t know it. The Australian government is only willing to pay lip service to what addressing that threat requires: serious climate action.
The attacks on Bob Brown for opposing a windfarm are exhausting and hypocritical
by Richard Denniss[Originally published on Guardian Australia, 24 July 2019] How many wedge-tailed eagles is a black-throated finch worth? No doubt there’s an economist out there willing to have a crack at answering that question, but the right of Australian politics seem to have already figured it out without so much as community survey: eagles are important
June 2019
Adani mine approval shows climate change debate reaches new level of lunacy
by Ebony Bennett[Originally published in The Canberra Times, 15 June 2019] Australia’s debate on the climate crisis reached a new level of lunacy this past week. Almost nowhere else in the world is the climate debate so divorced from reality. Firstly, Adani’s groundwater plan was approved by the Queensland government in a rushed process. This
It’s cheap to tackle climate change – but that isn’t the reason to do it
by Richard Denniss[Originally published on Guardian Australia, 12 June 2019] If renewables weren’t getting cheaper, would Australia still want to tackle climate change? And if world demand for coal wasn’t declining, would we still want to stop the Adani coalmine being built? After 30 years of democratic failures to reduce greenhouse gas emissions, in the
May 2019
What’s ‘left’ and ‘right’ in Australian politics today? The lines are shifting
by Richard Denniss[Originally Published on Guardian Australia, 29 May 2019] While Australian political debate has never seemed more sharply divided, the philosophical lines between left and right have never seemed more blurred. The economy is always in transition, and people are always losing and finding jobs, but – after decades of the right being contemptuous
Fossil fuel’s win may be Coalition’s loss
by Richard Denniss[Originally published in the Australian Financial Review, 27 May 2019] There’s no doubt the Adani coal mine helped the Liberal National Party win votes in North Queensland but there’s also no doubt it helped them lose a lot of votes – and economic credibility – in Sydney, Melbourne and Adelaide. And while the triumphalism of
Bob Hawke leaves behind an important environmental legacy
by Ebony Bennett[Originally published in the Canberra Times, 17 May 2019] Bob Hawke is perhaps credited most often for his economic reforms, but he also leaves a tremendous legacy of protecting Earth’s wilderness. Without Bob Hawke, Antarctica would be a quarry, Tasmania’s iconic Franklin River would be flooded and Queensland’s Daintree rainforest would be a
Rank opportunism spells danger for Australian energy policy
by Richard Denniss[Originally published on The Guardian Australia, 15 May 2019] It’s now 12 years (and seven prime ministers) since John Howard promised to introduce a price on carbon and – despite emissions having increased to a new high and a number of big coal fired power stations having shut down – Australia still doesn’t
April 2019
Technophobia is the LNP’s last bastion
by Richard Denniss[Originally published in the Australian Financial Review, 16 April 2019] Scott Morrison hopes he can make voters as scared of electric cars as he made them of refugees. It’s a tough ask but credit where it’s due: given his party managed to make a swath of voters afraid of wind turbines and fibre
Labor dumps one carbon policy fantasy
by Richard Denniss[Originally published in the Australian Financial Review, 01 April 2019] The one thing that unites the major parties on climate change is that neither of them still believe carbon pricing is central to reducing greenhouse gas emissions. Indeed, the party sticking to the proposition that a carbon price is the most efficient way
March 2019
Here’s why Australia needs to keep subsidising renewables
by Richard Denniss[Originally published on Guardian Australia, 20 March 2019] Conservatives love subsidies because they know that they work. It’s why they spend $11bn subsidising private schools and $6bn subsidising private health insurance. It’s why they’re so keen to subsidise new coal mines and coal-fired power stations. And of course, it’s the reason that they are so obsessed
Coalition’s coal virtue signalling
by Richard Denniss[Originally published in The Australian Financial Review, 5 March 2019] Cultural symbols have replaced price signals at the heart of conservative politics. There’s now no better way for Australian conservatives to virtue signal than to support the construction of new coal mines. The Coalition is no longer neo, nor liberal – it simply
February 2019
The election year of living dangerously
by Ebony Bennett[Originally published in the Canberra Times, 23 Febuary 2019] These last two weeks of Parliament may prove a turning point for the 2019 election, but only time will tell if they mark the moment the Coalition got back in the game or the point at which voters wrote them off entirely. At their
Coal, conservatives, and craziness
by Richard Denniss[Originally published in the Financial Review, 19 Feb 2019] Millions of people in developing countries jumped straight from having no phone to having a mobile phone and so too will thousands of villages in developing countries jump from having no grid electricity to their own renewable energy. Leapfrogging old technologies can save billions.
Intervention is the new black
by Richard Denniss[Originally published in the Australian Financial Review, 4 Feb 2019] Few people think carbon pricing is as important as Tony Abbott does. Not only was repealing the carbon tax his biggest achievement as prime minister, nearly five years later, he still can’t stop talking about it. Nothing would excite him more than the
January 2019
Australia, we have bigger issues to tackle than boardies and thongs
by Ebony Bennett[Originally published in The Canberra Times, 26.01.19] Australians all let us rejoice, for we are young and forcing 537 councils to conduct citizenship ceremonies on Australia Day. And it’s stinking hot. What could be more Australian than a nationwide ban on shorts and thongs as we confer citizenship on our newest Aussies during
September 2018
Liberal climate changing in Wentworth
by Richard Denniss [This article originally appeared in the Australian Financial Review 18.09.18] As the Wentworth byelection will show, the desire of Coalition MPs to micro-target their “base” is a terrible way to develop national policy or win federal elections. Take energy policy: should the Coalition compete with Pauline Hanson for the climate sceptic vote in
Banking against the Reef
by Ebony Bennett, Deputy Director of The Australia Institute. [This article originally appeared in the Canberra Times 08.09.18] Watching Brazil’s National Museum burn this week was a tragic reminder that, if we don’t take care, we can snap the threads that bind us to our history forever. Over a matter of hours, tens of millions
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
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