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
Gas moratorium remains popular with voters
New polling shows that more than twice as many Australians (56%) support moratoriums on fracking as oppose them (20%), despite concerted lobbying from the gas industry to allow them further access to land. The poll, conducted by The Australia Institute, asked respondents if they support or oppose state bans on fracking. Question: Some states and
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
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
Dark side of the boom NSW
As the mining boom ends, the mining clean-up boom is beginning. New research from The Australia Institute released today shows that there is minimal information available to the public on how the clean-up is progressing. The report, Dark side of the boom: What we do and don’t know about mines, closures and rehabilitation in New
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
If a taxpayer subsidy falls in the forest, and no one hears it…
The Western Australian government’s state owned Forest Products Commission (FPC) is logging WA’s native forests at a financial loss to the state, as shown in a new report from The Australia Institute, titled Barking Up the Wrong Trees. “The people of Western Australia are losing jarrah and karri forests, and in the process making a
Pocket Money: The Adani Coal Mine
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
New analysis of WA’s $5 iron ore levy proposal
The Australia Institute has assessed the proposal for a $5 levy on iron ore in Western Australia. The policy should be supported as a pragmatic alternative to a resource rent tax. The analysis finds that if the $5 levy had been imposed on relevant production over the last five years it would have raised $11.5
November 2016
Nuclear Dumps
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
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
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
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
South Australians don’t believe the hype: Poll shows SA backs fracking ban
1,473 South Australians were asked if they supported a Victoria-style ban on gas fracking in their state. Twice as many (47%) support a ban than are opposed (23%). 30% were undecided. The polling was conducted on 30 August, as Victoria introduced its ban and in the weeks following the furore around energy prices in South
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
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
July 2016
From climate pariah to climate saviour? Transforming the petroleum industry
A new report from The Australia Institute explores what the petroleum industry can do to simultaneously pursue its financial interests and the interests of the global climate. The report, written by Australian National University Emeritus Professor Andrew Hopkins, outlines four key areas where the oil and gas industry’s interests align with the global goal of
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
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
New England supports renewable energy, shuns coal – poll
Previously unreleased polling shows that almost three quarters of the federal electorate of New England support Australia gradually transitioning to 100% renewable energy by 2030. In comparison, the Shenhua coal mine is rejected by a majority of National Party voters and almost two thirds of voters overall. Dan Cass, strategist at The Australia Institute, said,
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
Queensland’s quiet jobs boom
New report shows service industry jobs growth outstripping mining job losses. Despite record job losses in the mining sector, employment in Queensland is growing strongly with service industries leading the way, according to a new report released today by The Australia Institute. Queensland’s service industries were standout performers in recent years, and are expected to
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