May 2021

Statement in response to National Farmers Federation criticisms of Australia Institute Banking on Australia’s Emissions report

“It is disappointing the National Farmers Federation has chosen to interpret the Australia Institute’s report Banking on Australia’s Emissions as a criticism of the agriculture sector,” said Richie Merzian, climate & energy program director at the Australia Institute. “The Australia Institute recognises that Australia’s farmers are experiencing first-hand the impacts of climate change, and similarly

The OTHER budget

featuring Ebony Bennett, Polly Hemming and Richie Merzian

Not the federal budget, the carbon budget. Prime Minister Scott Morrison keeps telling world leaders Australia will ‘meet and beat’ its Paris target and that Australia is ‘leading the world’ on emissions reduction, but if you dig into the carbon accounts the numbers tell a different story. Join Richie Merzian and Polly Hemming from the

New Analysis: Australia doing less than other countries on climate

New research from the Australia Institute reveals that, contrary to claims by the Australian Government of falling emissions, Australia’s national emissions (excluding land use) have risen by 7 per cent from 2005. At President Biden’s Leaders Climate Summit, the Australian Government claimed that it has reduced its emissions by 19 per cent, which is ‘more

Australian subsidies give oil refineries the whole carrot farm while electric vehicles get the stick

by Richie Merzian in The Guardian

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

EVs Key to Fuel Security & Emissions Reduction: National Energy Emissions Audit

New research by the Australia Institute shows Australia’s dependence on petroleum poses a serious fuel security risk and, with no policies in place to seriously curb petroleum use, the sector’s emissions will eclipse electricity sector emissions by 2030. The report recommends developing and implementing policies to replace petrol-fuelled vehicles with low emission alternatives. The Australia

Australia’s Electricity Infrastructure Undermined by $1 Billion Per Year Under Investment

The resilience of Australia’s electricity infrastructure is being undermined by a chronic pattern of underinvestment in maintenance and upkeep, the result of rent-seeking by private electricity producers and a deeply flawed regulatory system. That is the conclusion of a detailed review of empirical and qualitative data on the transmission and distribution system contained in a

The government’s embrace of ‘clean hydrogen’ helps no one but the fossil fuel industry

by Richard Denniss in The Guardian

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

April 2021

Statement in response to release of Energy Security Board (ESB) Options Paper

The Australia Institute has welcomed the Energy Security Board’s Options Paper for the redesign of the National Electricity Market but warned against a proposal that would effectively tax consumers to prop up unprofitable coal power stations. “The Options Paper contains a seriously risky proposal that would prolong the lives of unprofitable, highly polluting coal power

New US Climate Target Leaves Australia 875 Million Tonnes Behind

If Australia followed the leadership of the US expected announcement of a new climate target and committed to halving emissions by 2030, it would prevent 875 million tonnes of emissions being emitted, equivalent to almost two years of Australia’s current annual emissions, according to new research by the Australia Institute Climate & Energy Program. 40

Dalai Lama and Australia’s Peter Doherty among 101 Nobel Laureates Calling for End to Coal, Gas Expansion

A global coalition of 101 Nobel Laureates, including His Holiness the Dalai Lama and Australia’s Professor Peter Doherty, are calling out the continued expansion of the fossil fuel industry as “unconscionable” in an open letter to political leaders on the eve of US President Biden’s Leaders Summit on Climate. The Nobel Laureates – including economics,

25 Organisations Open Letter: Victoria EV Tax Worst EV Policy in the World

An unlikely group of 25 companies and organisations, including car manufacturers, auto groups, electrical infrastructure companies and environmental groups have come together to publish an open letter to the Victorian parliament calling on them to vote against Victoria’s regressive electric vehicles tax. The letter, which appears as a full-page advertisement in The Age, highlights that

How can NSW allow new coalmines while committing to net zero emissions? It’s bizarre

by Richard Denniss in The Guardian

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

Why we should pause approvals of new coal mines

featuring Ebony Bennett and Richard Denniss

Why are new coal mines like melting ice cream? In today’s episode, Richard Denniss explains the economics of coal, why Malcolm Turnbull has been in trouble with the Liberals and why we need to pause approvals of new coal mines. Host: Ebony Bennett, deputy director, the Australia Institute // @ebony_bennett Guest: Richard Denniss, chief economist,

Upper Hunter Polling: Majority of Voters Agree with Turnbull Call for Moratorium on New Coal Mines

The majority of voters (57.4%) in the NSW state seat of Upper Hunter support former PM Malcolm Turnbull’s call for a moratorium on new coal mine approvals and a remediation plan for existing mines for the Hunter Valley. The Australia Institute surveyed a nationally representative sample of 686 residents in the NSW state seat of

Is Malcolm Turnbull the only Liberal who understands economics and climate science – or the only one who’ll talk about it?

by Richard Denniss in The Conversation

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

Right now we’re choosing not to solve our biggest problems

by Ebony Bennett in The Canberra Times

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

March 2021

Batteries and Renewables to Provide Secure Energy Future: New Report

New research from The Australia Institute, commissioned to assist the Energy Security Board’s redesign of the National Electricity Market, has shown that batteries and clean energy are poised to replace the system security that has historically been provided by coal. The technical study was written by leading energy economist Professor Bruce Mountain and battery expert

Australia Institute Welcomes South Australian Opposition’s Plan for Green Hydrogen

The Australia Institute has welcomed the State Labor Opposition’s hydrogen energy plan for South Australia. “Clean sources of power, including green hydrogen produced from 100% renewable electricity, are the future of energy. Putting South Australia at the centre of the global energy transition is the smart thing to do,” said Noah Schultz-Byard, SA Director at

Roderick Campbell writes: Recommending approval of a mine based on economic assessment that not only lost in court, but lost in court against you, is a new level of crazy

by Rod Campbell in The Newcastle Herald

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

Oil & Gas Exploration Shows No Benefit to Australian Community

Australians significantly overestimate the oil and gas industry’s contribution to Commonwealth revenue, and the Australian community would most benefit by moving away from the oil and gas industry, according to an Australia Institute submission to the Senate Economics Legislation Committee. The Australia Institute has made a submission to the Senate Economics Committee as part of

Australia Institute Welcomes SA Government Back Down on EV Tax

The Australia Institute has welcomed the decision from the South Australian Government not to introduce an electric vehicle tax in July of this year. “The Australia Institute welcomes the decision of the South Australian Government, but a delay of one year is not enough,” said Noah Schultz-Byard, SA Director at The Australia Institute. “This EV

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