Skyrocketing energy prices across Eastern Australia are almost entirely a result of Australia’s dependence on fossil fuels. Coal and gas exports have linked domestic energy prices to global prices, exposing Australia to volatile global prices. Producers are now making windfall profits from both Australian and global consumers. Gas prices have reached record levels across eastern

Local gas suppliers aren’t in crisis – soaring prices are going according to plan The Australian gas industry isn’t in crisis; it’s in heaven. Its profits and share prices are rising even faster than its greenhouse gas emissions, and everything is going according to the plan it has been working on for more than a

New research released by The Australia Institute reveals the extent to which fossil fuel companies and other big emitters influenced the Clean Energy Regulator (CER)’s carbon offset rules around carbon capture and storage (CCS) projects.

A new tv advertisement will begin airing nationally from Sunday featuring research from the Australia Institute that exposes the false solutions to climate change currently perpetrated by the fossil fuel industry. The initiative builds on research by the Australia Institute showing that dodgy carbon credits and dirty hydrogen are actually expanding the demand for gas

New research from The Australia Institute shows that virtually no tax or royalty is paid on two thirds of the gas exported from Western Australia. Liquefied Natural Gas (LNG) worth $27 billion was exported from WA last year, while only $430m went to the State Government, just 1% of state budget revenue. Twice as much

The Commonwealth Government is pouring $226 million of public money into subsidies for the NT gas industry, says a submission by the Australia Institute to a Senate inquiry. These massive public subsidies confirm the findings of the NT Fracking Inquiry that large scale fracking in the NT is unlikely to be commercially viable and will

Electricity retailers and the Australia Institute have welcomed confirmation that the Australian Competition and Consumer Commission (ACCC) and the Australian Energy Regulator (AER) are investigating a series of “high-price events” in May where it seems that withholding of supply in the National Electricity Market (NEM) led to massive increases in the wholesale price. Key points:

Originally published by the Thomson Reuters Foundation, the charitable arm of Reuters News. On June 11-13, World Leaders will gather at the G7 summit. There, they plan to adopt an agenda to “build back better from coronavirus and create a greener, more prosperous future”. We, the undersigned economists, believe that this means decisively shifting finance

New research by the Australia Institute shows that the Prime Minister’s ‘gas led recovery’ led to a loss of 3,800 jobs between May 2020 and February 2021, while employment across the economy grew by 863,000. The report shows that if the $2.9 billion allocated to new gas and oil refinery support measures, announced in and

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,

The one thing we can say for sure about Australia’s economic recovery is that it has not been gas-fired. This week the Australian Bureau of Statistics confirmed that employment in Australia has recovered to better than pre-COVID levels. This noteworthy achievement is made all the more remarkable by the fact that over the course of

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

New Australia Institute analysis estimates that the oil and gas industry cut around 10 percent of its workforce in the 12 months to December last year. Despite this, the Government is continuing to hand out large taxpayer subsidies to the industry as part of its “Gas-Fired Recovery JobMaker Plan.” If all Australian industries had behaved

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

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

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

A study purported to be from the CSIRO that showed that fracking was “safe for the environment” was actually overseen by the gas industry, and was based on just six of Queensland’s 19,000 coal seam gas wells, according to new analysis by The Australia Institute. The report was published by the Gas Industry Social and

Research published today by The Australia Institute highlights that employment in gas-related manufacturing declined while gas in the Northern Territory was very cheap. Fracked gas will be far more expensive, making petrochemical manufacturing in the Territory unviable without massive taxpayer subsidy. Key findings: The NT Government’s Power and Water Corporation had large surpluses of gas

Analysis by The Australia Institute shows that Victorian Government’s key report used to approve onshore gas mining appears to have underestimated the greenhouse gas emissions from new sites by up to 88%. The Victorian Gas Program Progress Report no.4 does not count emissions from the ultimate combustion of the gas, emissions from methane leakage or

New research from The Australia Institute has revealed that Victoria’s ageing fleet of coal fired power stations are breaking down more often than power stations anywhere else in the National Energy Market (NEM), jeopardising energy security and pushing up prices. Covering a two-year period from December 2017-2019, the report from the institute’s Gas & Coal

New research shows Victorian coal power is responsible for around 13% of the National Electricity Market’s gas and coal capacity, but 32% of its gas and coal breakdowns. The Australia Institute’s Gas & Coal Watch initiative finds that Victoria is home to the most unreliable gas and coal power stations in the country, largely due

NSW suffered 27 major breakdowns at gas and coal fired power-plants in 2018 – more than one a fortnight – removing hundreds of megawatts of energy from the grid suddenly and without warning. The Australia Institute Climate & Energy Program has today released its NSW Gas & Coal Watch analysis of 2018, which tracks unscheduled

New research shows that gas and coal power plants broke down 135 times in 2018, breaking down at a rate of once every 2.7 days. While this could be expected of an aging coal fleet, the new analysis shows that Australia’s newest coal power plants (so-called “HELE” plants) are faring just as poorly. The Australia Institute

Fracking in Western Australia would bring few jobs, little revenue and could increase gasprices, according to a new report by Canberra-based think-tank The Australia Institute. The report comes after WA Premier Mark McGowan announced on Tuesday that the statewould open up roughly five million hectares of the state to fracking. The report authors were to

Over summer there were 16 major breakdowns at Victoria’s three brown coal plants, Loy Yang A, Loy Yang B and Yallourn. All of these breakdowns saw hundreds of megawatts of capacity withdrawn from the grid almost instantly. This made Victoria the standout state for power plant breakdowns. Between the 15th and 21st of January, at

The Australia Institute’s submission to the NT fracking Inquiry has found that fully exploiting the Northern Territory’s shale gas resources could result in emissions equivalent to sixty times Australia’s total current annual emissions, equivalent to 130 new coal power plants operating for 40 years. The submission also finds that the inquiry failed to follow its

3600 MW, or 14% of coal and gas generation failed during the February 2017 heatwave. Report calls for the National Energy Guarantee (NEG) to require “heat safe” back-up for coal and gas plants. New analysis released today by The Australia Institute’s Climate & Energy Program shows that coal and gas failed to provide energy security

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

The latest economic report from gas lobby group APPEA adds to an already enormous amount of industry-commissioned ‘research’ which overstates the value of the gas industry to Australia and the Territory and downplays its environmental impacts and costs to other services.  The assumptions behind the economic modelling are unrealistic and the results have been put