February 2017
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
January 2017
SUMMER SPECIAL President Tong
Welcome to our third Follow The Money summer special! It’s still probably scorching hot if you’re somewhere in Australia, but it’s even hotter in Kiribati. This weeks special features the ‘Hero of the Pacific’, President Anote Tong. President Tong visited Australia as a guest of The Australia Institute ahead of the Paris Climate meeting. He
December 2016
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
Australia’s unaccounted for emissions could cause Paris target failure
A new report by the University of Melbourne Energy Institute has found that unmeasured methane leakage and fugitive emissions from unconventional gasfields could cause Australia to fail its Paris climate commitments. The report, commissioned by The Australia Institute, found that: Several major potential sources of methane emissions are assumed to be zero under Australia’s accounting
Renewable Energy Culture Wars
Now that the tram war has finally been won, it is probably time to get back to arguing about renewable energy again. Regardless of whether the Canberra Liberals stick with their new-found support for the ACT’s 100 per cent renewables target or not, the hard right in the Federal Coalition has already made it clear
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
The Liberals own climate wars
Does the Prime Minister think ACT energy policy is visionary or vapid? First published in the Australian Financial Review – here Australian policy debate is like a drunken mob looking for a spilt pint to fight over. Even before South Australia’s lights came back on the culture warriors were out blaming wind turbines for causing
September 2016
Is this a new low: politicians using a natural disaster to push a fact-free agenda?
Unburdened by evidence, anti-wind campaigners used the South Australian blackout to kick off a debate about renewables while others waited for facts. First published by the Guardian Australia – here. Normally natural disasters are off limits to politicking, at least in the period straight after the event. So it was pretty awful watching politicians and
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
Leaving the ARENA – Australia has just one podium finish on non-fossil fuel energy R&D since 1979
Australia is lagging behind the rest of the world for renewable energy R&D. Data from the International Energy Agency puts Australia on the podium just once since 1979. Meanwhile, Australia has poured the vast bulk of our R&D dollars into fossil fuel. (See full medal tally below) “Australia has a long history of prioritising fossil
New South Welsh want Senate to block ARENA gutting
Polling shows that just 23% of New South Wales residents want the Senate to pass the government’s proposed $1 billion cut from the Australian Renewable Energy Agency. 53% of those surveyed want the members of the upper house to veto the move. The cuts would effectively decommission ARENA, a long held position of the Abbott-Turnbull
The sunshine state supports ARENA: Poll
Queenslanders resounding oppose government moves to cut the Australian Renewable Energy Agency, which invests in renewable energy projects and innovation. ReachTEL conducted a survey of 1,701 residents across Queensland during the evening of 30th August 2016. Question: The Australian Renewable Energy Agency funds new renewable energy construction and research in Australia. Should the Senate pass
Theoretical purity from Climate Authority dissenters stymies climate action
First published in the Australian Financial Review – here. For the past decade the 10 per cent of the business community that profits from causing climate change has made 90 per cent of the noise about the dangers of introducing effective climate policy. But now, as the market cap of the mining sector has withered
Poll: Electorate reject ARENA cuts, backs new mechanism to retire coal
A new national poll shows Australians overwhelmingly support for strong climate policies which would phase out fossil fuels with a mechanism similar to that recommend by the Climate change Authority. Voters also want the Senate to reject proposed funding cuts to the Australian Renewable Energy Agency (ARENA). The ReachTEL poll commissioned by The Australia Institute
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
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
Neoliberalism Poisoned Climate Action And Renewables Are The Antidote
First published by New Matilda. The world seems particularly chaotic this winter. The climate news is diabolical, with fears about melting of the Arctic permafrost and the ancient ice stores of the Himalayas. There is a Royal Commission into the brutal treatment of children in prison in the Northern Territory. And that is before we
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
Batteries beat baseload
Adam Giles, Chief Minister of the Northern Territory, should know better than making solar and wind the scapegoat for energy price rises (‘Call for summit on energy crisis’, 18 July). New energy management technologies will allow renewables to provide cheaper and better power than old ‘baseload’ technologies. As your editorial points out (‘SA energy madness’),
General Enquiries
Emily Bird Office Manager
mail@australiainstitute.org.au
Media Enquiries
Glenn Connley Senior Media Advisor
glenn.connley@australiainstitute.org.au