May 2017

NT fracking hope misguided: Economist points out high risks and low returns

The Australia Institute has made a submission to the Northern Territory’s inquiry into fracking and unconventional gas development. The Canberra-based research organisation finds that fracking would reduce energy security and could represent a net economic loss to the Territory. Energy security would be reduced because the NT already has plenty of conventional gas to cover

April 2017

March 2017

Coalition voters asked about energy policy, Adani subsidies

ReachTEL polling for The Australia Institute of Dickson, the seat held by Peter Dutton, has shown strong support for Labor’s renewable energy target and opposition to government backing of the Adani coal mine.   Polling of the marginal Queensland electorate showed very strong opposition to subsidies going to the Adani Carmichael mine project. [FULL RESULTS IN

Political pressure risks $5 billion infrastructure fund becoming a barrel of pork

As the $5 billion Northern Australia Infrastructure Facility (NAIF) considers a $1 billion concessional loan to foreign coal company Adani, a new report from The Australia Institute raises major concerns about the NAIF’s political independence, governance, resourcing and public transparency. Widespread media coverage during December that NAIF had ‘conditionally approved’ the $1 billion proposal was

February 2017

Australia and Indonesia – the OPEC of coal

The Australia Institute says Turnbull must discuss coal with Jokowi Indonesian President Joko Widodo will visit Australia this weekend, as The Australia Institute releases new research on Indonesian energy policy. The Institute has called for coal, energy and climate to be on the agenda for talks with President Widodo. Australia and Indonesia are the world’s

Liberals heartland rejects PM’s company tax and renewables agenda

New polling conducted by ReachTEL for The Australia Institute of the electorates represented by Malcolm Turnbull and Tony Abbott reveals strong opposition for cutting the tax rate, particularly for larger companies. Both electorates registered more support for increasing the company tax rate than cutting it. In the Prime Minister’s electorate of Wentworth 43% supported an

December 2016

The notion of evidence-based policy in Australia is dead

The notion of evidence-based policy in Australia is dead. While it’s been in poor health for some time, it was finally killed by the Coalition backbench last week and replaced with “gut instinct” and “the pub test”. First published by the Australian Financial Review – here When Deputy Prime Minister Barnaby Joyce was recently quizzed

Pocket Money: The Adani Coal Mine

featuring Ebony Bennett, Rod Campbell and Richard Denniss

In a special mini-episode we’ve dubbed “Pocket Money” we take a look at the recent developments with Adani’s Carmichael coal mine in Queensland’s Galilee Basin. It’s a straight discussion, without our usual bells and whistles so that we could respond quickly and if you like it, we’ll probably do more of these Pocket Money episodes

Open letter puts unanswered economic questions on Adani project to PM

The Australia Institute have today published an open letter to the Prime Minister outlining the unasked and unanswered economic questions regarding the Adani Carmichael mine proposal and its potential public subsidisation of $1 billion. The letter appears as a full-page advertisement in the Australian Financial Review. The questions put: 1 –  Will the Adani mine

Northern Australia Infrastructure Facility should prioritise people and renewables: poll

Australians don’t want their money funding infrastructure for coal and gas companies under the $5 billion Northern Australia Infrastructure Facility (NAIF), national polling released today reveals. The NAIF will spend $5 billion of public funds in Northern Australia on infrastructure that is unable to attract commercial financing, which could include subsidising the controversial Adani Carmichael

November 2016

Nuclear Dumps

featuring Ebony Bennett, Rod Campbell and Richard Denniss

How much is a hole in the ground worth? Australia has considered building a nuclear waste dump many times over the decades. Each time, the proposal has fallen through. This time, in South Australia, proponents are making $100 billion dollar claims. Richard and Rod take a look at those claims and the economics of building

Australians back Timor-Leste in maritime dispute

Australians favour international law to determine Timor maritime boundary between Timor-Leste and Australia, even if that delivers Timor-Leste a substantial share of the oil and gas in the Timor Sea. The poll of 10,271 residents across Australia showed 56.5% support for establishing a maritime boundary in accordance with current international law, with only 17% opposed

October 2016

GISERA and the threat to independent science

Gas industry funding and direct involvement in research committees of GISERA, the research body that conducts research on social and environmental impacts of CSG, is potentially compromising the scientific independence of CSIRO. The five main Queensland gas companies provide the lion’s share of funding to the Gas Industry Social and Environmental Research Alliance (GISERA) – the Gas Industry Social

September 2016

No New Coal Mines

featuring Ebony Bennett, Rod Campbell and Richard Denniss

Can Australia live without coal? Episode 7 of Follow the Money looks at the economics of coal and how a moratorium on new mines would help stop the boom and inevitable bust cycle, and instead create a smooth transition to a low carbon future.  Contributors: Richard Denniss – @RDNS_TAI  Rod Campbell – @R_o_d_C  Ebony Bennett – @ebony_bennett.  Produced by

Another day, another $100m subsidy to coal

The Australian government’s settlement with the owners of a coal ship represents another subsidy to the coal industry. With the government settling for $39.3 million while estimating clean up costs of $140 million, the difference represents a cost to taxpayers and or our environment of over $100 million. It’s not clear whether the Australian government

August 2016

Sound economics as Victoria quits fracking for good

The Victorian Government’s decision to ban fracking is based on sound economic and energy policy.   Queensland’s experiment in unconventional gas has demonstrated that the economic benefits promised by the gas industry largely failed to materialise, and there has been an enormous downside to other industries.   Arguments that the gas is needed have rung hollow as Australian domestic gas demand

Tasmanians want salmon boom to be sustainable, regulated

Statewide polling shows Tasmanians want the fast growing industry of intensive fish farming to be better monitored and regulated. New polling of 1,310 Tasmanians conducted by ReachTEL for The Australia Institute shows 70% support for establishing an independent watchdog on intensive fish farms and 61% support for an independent investigation into the impacts of the

July 2016

Money trail and special access linked to mining approvals

The report examines 6 highly controversial QLD resource projects and reveals a pattern of political donations, remarkable access to ministers, unaccountable lobbying, cash for access, and the revolving door between the bureaucracy and industry. All of these projects received extraordinary outcomes including policy changes, project approvals and even legislative changes.   The report also highlights the strong connection of these companies to QLD

Mr Coal’s’ super ministry and the challenges of merging energy with the environment

by Dan Cass in The Guardian

Malcolm Turnbull’s decision to merge the environment and energy portfolios could lead to a breakthrough in the toxic climate politics that was unleashed when Tony Abbott rolled him in the December 2009 leadership coup. Or the new super-ministry and its new minister Josh Frydenberg could be set up for failure. It depends entirely on whether

June 2016

May 2016

Facts on jobs, coal and Queensland

The coal industry has always been a minor employer in Queensland. At its peak it employed fewer people than the arts and recreation industry, but in recent years has shrunk further, shedding 10,000 jobs in Queensland and now representing less than 1 percent of the state’s workforce. “Our Research shows that the coal industry makes

April 2016

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