November 2020
Kean’s ‘radical’ thinking is good for climate and politics
by Ben Oquist[Originally published in the Canberra Times, 31 October 2020] When NSW Liberal Minister Matt Kean invoked Menzies’ forgotten people this week, he flipped climate politics on its head. Speaking at the launch of the Australia Institute’s annual benchmark report on attitudes to climate change, Climate of the Nation, the Energy and Environment Minister charted
October 2020
Climate of the Nation 2020: South Australians Concerned about Climate Fires, want Renewables Led Recovery
In the wake of the devastating Black Summer bushfires, an overwhelming majority of Australians (82%) and South Australians (81%) say they are concerned about climate change resulting in more bushfires, according to a new benchmark report released today by the Australia Institute’s Climate & Energy Program. The annual Climate of the Nation report has tracked
Climate of the Nation: Climate Change Concern Hits 82%
Climate of the Nation 2020 Benchmark Report to be launched by The Hon. Matt Kean MP, NSW Minister for Energy & Environment In the wake of the devastating Black Summer bushfires, an overwhelming majority of Australians (82%) say they are concerned about climate change resulting in more bushfires, according to a new benchmark report released
Facts Matter: Fake News Harms Our Democracy
A full-page advertisement will be published in The Courier-Mail on Monday 26 October 2020 featuring Australia Institute research exposing the Queensland Resources Council’s (QRC) false jobs claims. The QRC has a long history of using questionable economic modelling, known as input-output modelling, to exaggerate the number of jobs its members create. In fact, the Australian
Key to Reforming National Electricity Market: Build On Demand Response
Australia’s electricity sector is being revolutionised by the rise of renewable energy and storage, but new analysis from the Australia Institute’s Climate & Energy Program shows the current energy market framework is holding these technologies back. In 2018 the Federal and State/Territory Governments tasked the Energy Security Board with designing a new National Electricity Market
Queenslanders to lend Adani $271 million in royalty deal
The Australia Institute has criticised the Queensland Government’s deal to subsidise the Adani coal project via a royalty deferral deal. The long-running negotiations between Adani and the Queensland Government will allow the coal mine to ‘dig now, pay later’ at a secret, but certainly discounted, interest rate. Key points: The royalty deal has been reported
September 2020
Weapons of gas destruction
Gas is promoted as a transitional fuel, but in this episode we explore just how polluting gas really is with Richie Merzian and Tom Swann from the Australia Institute’s Climate & Energy program.The Australia Institute // @theAUSInstituteHost: Ebony Bennett, Deputy Director at the Australia Institute // @ebony_bennettGuests: Richie Merzian, Climate & Energy Director at the
Now we’re cooking (ourselves) with gas
by Ebony Bennett[Originally Published in The Canberra Times, 19 September 2020] Gas didn’t even make AEMO’s top five list of potential sources of dispatchable power – but the Coalition is looking to divert taxpayer funds earmarked for clean energy into LNG projects. Picture: Shutterstock Just months after Australia endured its worst climate-fuelled bushfire season on
Words Before Waste: South Australians Call for More Consultation on Federal Radioactive Waste Plan
New research shows that, while South Australians are divided on the issue of a nuclear waste dump, a clear majority believe more consultation should be undertaken before any final decision is made regarding a proposed disposal and storage facility near Kimba on the Eyre Peninsula. The Australia Institute recently surveyed 510 South Australians about the
Weapons of gas destruction: lifting the lid on emissions from gas
If fully unleashed, Australia’s gas resources could be responsible for up to three times the annual carbon emissions of the entire world. A landmark new Australia Institute Climate & Energy Program report, Weapons of gas destruction, commissioned by the Australian Conservation Foundation, is the first time the entirety of Australia’s gas project pipeline and resources
A Plan for Planet A
Fight for Planet A is the newest TV series from Craig Reucassel, a three-part documentary exploring the challenges of climate change, where our energy comes from, the health effects of transport and the carbon footprint of what we eat. It offers practical solutions for people to implement at home but as Craig points out, action
East Timor, Oil and Secret Prosecutions
For over eighty years, Australia and East Timor have been joined together, mostly in conflict and struggle. The latest conflict is playing out in a secret court case and involves Australian lawyer Bernard Collaery and a former ASIS officer turned whistleblower Witness K. Both have been accused of communicating protected intelligence information after disclosing an
Phasing out gas would benefit Australian manufacturers and households
by Richard Denniss[Originally published by the Guardian Australia, 03 September 2020] Rather than drill new fracking wells into prime farmland, the quickest, cleanest and most economically efficient way to boost the supply of gas in Australia is to stop wasting it. According to the Australian Industry (AI) Group’s budget submission, “Ramping up support for manufacturers to
Easing Exit of Coal: Australia Institute Welcomes New Plans for National Electricity Market
The Australia Institute today welcomes the Energy Security Board (ESB) Post-2025 Market Design Consultation Paper, as an important step towards a National Elelctricity Market (NEM) designed to deliver reliability and affordability as coal-fired generators retire. “This report is an invitation to Federal Minister for Energy and Emissions Reduction Angus Taylor, to lay out his plan
Queensland top state for breakdowns of fossil fuel power stations
New research from The Australia Institute Climate & Energy Program shows Queensland’s gas and coal power stations are the most unreliable of any state in the National Electricity Market (NEM), with the state’s gas and coal power stations breaking down the most often despite having the newest and most modern coal power plants in the
QLD & NSW could see early coal retirements
Victoria and South Australia are leading Australia’s transition to renewables, with renewable energy capacity at 33%, almost twice that of Queensland and New South Wales at 16% capacity, however new research shows the northern states are ramping up new renewables. The Australia Institute Climate & Energy Program’s latest National Energy Emissions Audit reveals New South
August 2020
Electrifying our Roads – Norway’s Way
There are so many reasons for Australia to transition to electric vehicles, but despite warnings that Australia could be left behind without stronger policy direction regarding EVs, little progress has been made. In contrast, Norway is a world leader in EV policy. Recorded live on 20 August as part of the Australia Institute’s Economics of
Australia is about to get ripped off by the gas industry, and it’s not the first time
by Ebony Bennett[Originally published by the Canberra Times, 22 August 2020] The same geniuses who hiked up domestic gas prices, raked in the profits and left Australia with bupkis to show for it are trying to convince us (once again) that Australia has a gas supply shortage requiring huge taxpayer subsidies. So, let me explain
Key ‘independent’ data in last-minute Narrabri gas modelling provided by Santos itself
Economic modelling suggesting Santos’ Narrabri Gas Project would reduce gas prices is based on cost estimates from Santos itself, not independent analysis from the Australian Energy Market Operator (AEMO) as claimed by Santos. If the independent production cost estimates commissioned and published by AEMO in February this year are used, rather than the figure supplied
Our 100th episode
In this, our 100th episode of Follow the Money, we celebrate with a special look back at some of our special guests, some of our favourite highlights, worst jokes and some of the interesting topics we’ve covered in the past 99 episodes. Our heartfelt thanks to all our listeners – we’re looking forward to the
Backfire part 2: why a “gas fired recovery” would increase emissions and energy costs and squander Australia’s COVID-19 recovery spending
In this second of our two-part episode on gas, we explore the flaws in the cost benefit analysis of the Santos’ Narrabri gas project in NSW and why it doesn’t stack up economically, environmentally or to create jobs, with Rod Campbell, research director at the Australia Institute.www.tai.org.auHost: Ebony Bennett, deputy director of the Australia Institute
United in a Global Crisis with UN Chief Economist Elliott Harris
In this episode UN chief economist Elliott Harris talks about why it’s risky to withdraw fiscal stimulus too soon and why a clean green recovery makes sense for the long term, in conversation with Richie Merzian, director of the Australia Institute’s Climate & Energy Program. Part of the Australia Institute’s Economics of a Pandemic webinar
Backfire part 1: why a “gas fired recovery” would increase emissions and energy costs and squander Australia’s COVID-19 recovery spending
In this first of a two-part episode on gas, we explore why subsidising the gas industry is a poor option for economic recovery and explore the issues related to Santos’ Narrabri gas project in NSW with Mark Ogge, Principal Advisor at the Australia Institute.www.tai.org.auHost: Ebony Bennett, deputy director of the Australia Institute // @ebony_bennettGuests:Mark Ogge
Narrabri CSG assessment riddled with errors
New analysis by the Australia Institute shows that the NSW Department of Planning, Industry, and Environment’s (DPIE) assessment of the Narrabri Gas Project, downplays environmental impacts and overstates economic benefits of gas development to the region, relying on modelling commissioned by the proponent of the project while ignoring research and experience from previously failed coal
Key Gillard-Era Reform Carbon Price Would Have Saved 72 Million Tonnes of Emissions
New research from the Australia Institute’s Climate & Energy program shows that had the Gillard Government’s carbon price remained in place, Australia’s emissions would be 25 million tonnes lower in 2020 and 72 million tonnes lower over the last five years. Key Findings: Over the carbon price period, Australia’s emissions declined by approximately 2%, and
July 2020
Winning a Fair Share: Rebuilding Australia’s Manufacturing Base | Paul Bastian & Jim Stanford
As the pandemic interrupted global supply chains a lot of focus has shifted back onto Australia’s domestic manufacturing capabilities and what Australia has the capacity to make and manufacture onshore and research shows we’re lagging behind. In this episode we talk about the opportunities for manufacturing and why it’s vital to the economic success of
Gas Fired Recovery Only Benefits Gas Industry
New analysis by the Australia Institute Climate & Energy Program finds that using the COVID-19 recovery funding to subsidise the gas industry would create few jobs, increase emissions and lock in higher energy prices. Key Findings Despite being the world’s largest Liquified Natural Gas exporter, less than 0.2% of Australia’s workforce works in the gas
Super-Charge COVID Stimulus: Open Letter Asks COAG to Accelerate Energy Market Reform
An open letter to the Council of Australian Governments (COAG) Energy Council, coordinated by The Australia Institute’s Climate & Energy Program and signed by a range of energy and technology leaders, has called for an accelerated pace of electricity market reform. While Australia deals with the economic impact of COVID-19, COAG has an opportunity to
G20 analysis: Australian stimulus spending four times more on fossil fuels than clean energy
Ahead of the G20 Finance Ministers’ meeting this week, 14 expert organisations from around the globe, including the Australia Institute, have launched a COVID-19 tracker of fossil fuel and clean energy stimulus. The Energy Policy Tracker shows that the world’s 20 richest countries, who together account for 80 percent of global greenhouse gas emissions, have
How to make electricity bills cheaper
In this week’s episode we explain how two changes to the rules of the National Electricity Market (NEM) will help reduce electricity bills, cut emissions, pave the way for more renewable energy and storage in the grid AND improve grid stability. It’s win-win-win-win. Host: Ebony Bennett, deputy director of the Australia Institute // @ebony_bennett // @theausinstitute Guests: Dan Cass, energy
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