January 2016

Mining Boom-tish

featuring Rod Campbell and Richard Denniss

The first episode of The Australia Institute’s exciting new podcast series Follow The Money looks at the economics behind Australia’s mining boom. You can subscribe to Follow The Money on iTunes.  Contributors: Richard Denniss  Rod Campbell Francis Keaney Find us on Twitter/Facebook. In Follow The Money, The Australia Institute explains the economy in plain English. We’ll bust some economic

December 2015

November 2015

International open letter calls for moratorium on new coal mines

World renowned scientists and economists back Kiribati President’s call for No New Coal Mines in open letters published in Saturday’s Guardian UK and this month’s global edition of New Scientist magazine.  Former NASA Goddard Institute Director Dr. James E. Hansen, Dr. David Suzuki, Nobel Laureate in economics Professor Kenneth Arrow, Professor Hans Joachim Schellnhuber, and

Unconventional gas bad news for business and jobs: Report

A new report by The Australia Institute shows that local businesses in unconventional gas regions in Queensland believe that gas development led to deterioration in their finances, local infrastructure, social connections and labor force skills.  The analysis of mostly gas industry funded research also highlights survey results by the CSIRO that found less than a

Carmichael vs The World

The proposed Adani Carmichael mine would produce carbon emissions comparable or greater than major world cities and whole nations.  The data reveals that The Carmichael Adani mine would single-handily produce almost twice the emission of Tokyo – a city with a bigger population than Australia.  The report from The Australia Institute also reveals the coal

October 2015

61 prominent Australians back no new coal mines

61 prominent Australians have signed an open letter backing the President of Kiribati’s call for a moratorium on new coal mines. The letter, published in today’s Sydney Morning Herald, calls on French President, Francois Hollande and world leaders to put coal exports on the agenda at the 2015 Paris COP21 climate summit. Signatories include former

Kiribati to Sweden: Stop Australia’s coal catastrophe

by Richard Denniss in Svenska Dagbladet

As Sweden debates how best to get out of the coal mining business, Australia is debating how best to subsidise the world’s largest export coal mines. Just last week the Australian Federal Government approved the enormous Adani/Carmichael coal mine which, at 40 kilometres long and 10 kilometres wide, is bigger than Gothenburg. The Australian Government

Gifts, donations for access, cosy relations: Report on mining approvals in Queensland

With the Queensland Labor Government still to make a decision on the controversial Acland coal mine expansion, as well as finalising the terms of reference for the inquiry into political donations which the Annastacia Palaszczuk promised to Peter Wellington in order to form government, a report released today paints a disturbing picture of the lack

September 2015

Tony Abbott’s policy muddle was clear to all

First published in the Australian Financial Review – here It’s bizarre that people blame Tony Abbott’s demise on his inability to communicate. He was a great communicator, and people knew exactly what he stood for. No politician was as relentlessly ‘on message’.  Abbott’s problem wasn’t the clarity of his message; it was the incoherence of

Novocastrians Back Council Investment Decision

Polling conducted over the weekend shows strong local support for the Newcastle City Council’s decision to include environmental and socially responsible factors together with financial returns in their investments.  47.3% of Novocastrians supported the council’s decision, while 24.8% were opposed.  Additionally, the majority (51.9%) of respondents to the ReachTEL polling thought that coal investments were

August 2015

The 0.4%

The Abbott Government’s move against environmental law is an unjustified overreaction according to a review of legal action under the EPBC act by The Australia Institute. 3rd party appeals to the Federal Court have only affected 0.4% of all projects referred under the legislation.  — Download briefing paper available below — “Proper third party appeals

SA’s Strange Love of a Nuclear Pipe Dream

The Australia Institute has submitted a report to the inquiry into nuclear power in South Australia has found major flaws in both economic and technological assumptions underpinning the pro-nuclear push. “Nuclear power is not a practical option for South Australia,” Chief Economist at The Australia Institute, Richard Denniss said. “There are some very strange assumptions

July 2015

June 2015

Miners don’t really like a debate

by Richard Denniss

Tax policy Resources companies and lobby groups are lobbying a parliamentary inquiry to strip political climate groups of their charity status. But resources companies can deduct the money they pay to their industry groups from tax. Speech isn’t free in Australia. It isn’t even cheap. Corporate Australia spends billions telling the public, and our politicians,

May 2015

Australian taxpayers’ slice of $10 million per minute fossil fuel subsidies bill

The Guardian reported this morning International Monetary Fund calculations that world fossil fuel subsidies are running at $5.3 trillion dollars annually, or $10m per minute. In Australia, successive state and federal governments have given subsidies in the form of diesel fuel rebates, infrastructure funding and royalties discounts worth billions. TAI director of research, Rod Campbell,

April 2015

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