June 2017

Finkel map takes scenic route to cutting carbon

It has taken ten years of cheap politics and bad policy decisions to deliver Australians high energy prices, high greenhouse gas emissions and low levels of reliability. Rather than listen to scientists, engineers or economists Australia’s energy policy has been shaped by lobbyists, political strategists and shock jocks. It’s hard to see how things went

The Finkel Test

The Australia Institute has outlined the key challenges for the Finkel Review.  The objective of the Finkel Review is to provide a blueprint for national policy, legislative, governance and rule changes required to maintain the security, reliability, affordability and sustainability of the national electricity market. The objective of a policy instrument such as a LET

Common sense wins over coal – Australian taxpayer loan to South African coal mine on ice

Following pressure from Australian civil society organisations, Australia’s export credit agency, Efic, has shelved plans to lend Australian taxpayers’ money to the Boikarabelo coal project in Limpopo Province, South Africa. While Efic has not ruled out future funding of this project and other overseas coal mines, Senate Estimates were told last week that Efic does

Donald Trump is more honest about climate inaction than Malcolm Turnbull

by Richard Denniss in The Canberra Times

There is a depressing honesty about Donald Trump’s announcement that the United States will withdraw from the Paris climate agreement. It stands in stark contrast to the hypocrisy of Malcolm Turnbull’s big talk on climate change, which is accompanied by a $1 billion subsidy for the enormous new Adani coal mine. At least Trump is

LET could be breakthrough policy

A well designed Low Emissions Target (LET) could be the basis for the needed integration of climate and energy policy in Australia according to Canberra-based policy think tank The Australia Institute. “The key will be to ensure any scheme accelerates the transition away from coal and does not lock in support for fossil fuel generators,”

May 2017

Palaszczuk and Turnbull governments are Adani mine’s lonely fans

by Ebony Bennett in The Canberra Times

Australia isn’t trying to stop global warming, we’re subsidising it. While here in the ACT we’re on track to source 100% of our electricity from renewable energy by 2020, in Queensland the state government is doubling down on the number one contributor to climate change – coal. Despite banks, economists and the Australian people showing

African white elephant: Australian taxpayers could finance South African coal

African white elephant, a report released today by Jubilee Australia and The Australia Institute examines the proposal for Australia’s export credit agency to fund a coal mine in South Africa. The tax payer-backed Export Finance and Insurance Corporation, known as Efic, is considering a loan to develop the Boikarabelo coal project in Limpopo Province, South

Media release: Adani could get free coal costing Qld budget as much as $1.2 billion

Following media report that the Queensland Government and Adani are negotiating a discount on the royalties the company would pay to extract the state/s coal resources, The Australia Institute has calculated the potential cost of a ‘roylaty holiday’ to the taxpayer. The Courier Mail reported that the government and Adani working on this deal: Premier Annastacia Palaszczuk

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

Coalition should be rejecting populist subsidies for Adani’s rail line

Barnaby Joyce says the federal Coalition’s desire to subsidise Adani’s Carmichael coal mine means the government will attract “some flak” from environmentalists. No doubt there will be, but he might do well to prepare for some friendly fire as well. [This article was first published in the Australian Financial Review – here] The government should expect some flak

Three years too long to wait for 5-minute solution

The Australian Energy Market Commission (AEMC) has acknowledged the need for a key reform in the 5-minute settlement rule, but in the same statement said it does not plan to implement the rule change for 3 years. The ‘5-minute rule’ would help address price spikes and load shedding by changing market price periods. This would

War on renewables has no effect on voters: poll

New polling shows that despite a concerted campaign from sectors of the federal government and coal and gas industries, public support remains very high for renewable energy, and for the strengthening of state and federal targets.  The poll, conducted by The Australia Institute through Research now, asked a representative sample of 1420 Australians about renewable

Open Letter calls for straightforward changes to fix ‘energy trilemma’

‘5-minute rule’ identified as key to immediate and responsible fix for peak-load issues. The Australia Institute has today published an open letter to the Prime Minister calling for three market reforms to address the ‘energy trilemma’: security, cost and emissions. The letter appears as a full-page advertisement in the Australian Financial Review. Prominent signatories of

Unpacking The Energy Debate

featuring Ebony Bennett and Richard Denniss

In episode 17 of Follow The Money, we tackle the current energy debate, including the South Australian blackouts, the war on renewables, what Christmas prawns have to do with baseload power and why the way we heat hot water offends our Chief Economist Richard Denniss.  Host: Deputy Director Ebony Bennett // @ebony_bennett Contributors: Chief Economist Richard

March 2017

How to invent a clean energy company

by Dan Cass in EcoGeneration

This was first published in EcoGeneration online on 8 March 2017 and in the print edition. The common view of invention is that it is unexpected. The people who do it are extraordinary individuals. There are risk takers but also naturally creative geniuses. Ancient Archimedes came up with his theory of buoyancy by his spontaneous

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

Dawson Polling: One Nation surge, support for RET, opposition to company tax cuts

New polling of Dawson, the seat held by George Christensen, conducted by ReachTEL, commissioned by The Australia Institute, shows support for Pauline Hanson’s One Nation party at level pegging with the LNP at 30% of the primary vote. Issue-based questions in the same poll revealed strong support in Dawson for an increase to the renewable

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

Conservatives And Climate Change With Bob Inglis

featuring Ebony Bennett

Follow The Money this week features former Republican Congressman for South Carolina, Bob Inglis on his Australian tour, hosted by The Australia Institute. Bob Inglis is a very rare bird indeed. He’s a real conservative – Christian, Southern, ‘small-government’, you name it. But his greatest passion is tackling climate change. You heard right! Inglis has

Bob Inglis speech to National Press Club

by Bob Inglis

‘How conservatives can lead on climate action in the age of Trump’ Republican Congressman, Bob Inglis, National Press Club address: We’re in the midst of 2 weeks of travel in your magical land. We’ve been in Sydney where we enjoyed the beauty and the fun of the beach at Manly, the Circular Quay precinct, productive

General Enquiries

Emily Bird Office Manager

02 6130 0530

mail@australiainstitute.org.au

Media Enquiries

Glenn Connley Senior Media Advisor

0457 974 636

glenn.connley@australiainstitute.org.au

RSS Feed

All news