One in five carbon credits issued by the Federal Government’s $4.5 billion Emission Reduction Fund (ERF) do not represent real abatement and are essentially ‘junk’ credits, according to new research by the Australian Conservation Foundation and the Australia Institute Climate & Energy Program. Key Findings: Australian Carbon Credit Units (ACCUs) generated by the ‘avoided deforestation’

The announcement of a High Court legal challenge against Victoria’s controversial EV Tax means that the consideration of similar legislation here in South Australia should be delayed, The Australia Institute says. “This EV Tax has been a terrible idea from the beginning and now there is a serious legal cloud hanging over its constitutionality,” said

New research by the Australia Institute shows that while Australia is benefiting from its highest share of renewables in the energy market ever, our emissions reductions from electricity generation is still worse than in countries like the US, UK & Japan, and emissions from Australia’s other energy combustion activities are rising. Reductions in electricity emissions

Correspondence between Resource Minister Keith Pitt and civil society groups involved in the Extractive Industries Transparency Initiative (EITI) shows that the Australian Government is walking away from its promise to join the tax transparency initiative for the mining, oil and gas industry. The move comes despite major mining companies and civil society groups supporting Australia’s

New research from The Australia Institute shows that South Australians rank health, the economy and climate change as the three most important political issues in South Australia ahead of the next state election. The Australia Institute’s survey of a representative sample of 599 South Australians also found the vast majority of voters would prefer it

An unlikely group of 12 companies and organisations, including car manufacturers, automotive groups and environmental organisations have come together to publish an open letter to the South Australian Parliament, calling on them to abolish stamp duty on electric vehicles. The letter, which appears as a full-page advertisement in The Advertiser newspaper today, comes as the

The South Australian Government’s decision to delay its EV Tax until 2027 is welcome but the small, temporary EV incentive revealed today is insufficient to facilitate the rapid transition to zero emissions cars that our state needs, The Australia Institute says. Key points: As it stands, the 6000 one-off purchase incentives offered represent just 0.4%

Leading innovative energy companies have published an open letter, co-ordinated by the Australia Institute, to state and federal energy ministers and the Energy Security Board (ESB), opposing a key recommendation from the ESB to create a new market for ‘physical reliability’ that would subsidise loss-making coal power stations. The open letter signatories include Tesla Energy,

Today the federal, state and territory energy ministers will meet to discuss a range of proposed, clean energy-based redesigns of the National Electricity Market (NEM), prepared by the Energy Security Board (ESB). While Barnaby Joyce may still want to see what’s on the climate action ‘menu’, we know already that the Prime Minister’s easiest path

New research from The Australia Institute shows that South Australians would be less likely to make the switch to an electric vehicle if the government proceeds with its plan to copy the Victorian Labor Government’s EV Tax. The Australia Institute’s survey of a representative sample of 599 South Australians also found there is strong support,

When it comes to a clean energy transition, Australia is lagging significantly behind other countries according to new research published today by the Australia Institute’s Climate & Energy Program. The research, authored by leading energy analyst Dr Hugh Saddler, shows that according to key indicators of decarbonisation and energy transition Australia ranks very poorly, and

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

Carbon taxes are coming to Australia whether we like it or not. They are coming despite the triumphant ‘axing of the tax’ in 2014. They are coming despite the updated but equally loud ‘technology not taxes’ sloganeering from the Morrison government in 2021. They are coming despite our government’s refusal to commit to a net-zero

More than seven in ten (72%) Australians support UNESCO’s recommendation to add the Great Barrier Reef to the World Heritage ‘in danger’ list, just 11% oppose. Furthermore, Queenslanders are most likely (50%) to think that climate change is the largest threat to the Great Barrier Reef and least likely (4%) to think that the health of the Great Barrier Reef is not threatened.

The South Australian Treasurer’s plan to import Victoria’s electric vehicle tax will cause the state to fall behind other jurisdictions with better EV policies, such as New South Wales and the Australian Capital Territory, The Australia Institute has said. “The Treasurer may say he’s not in the business of importing taxes from Victoria, but that’s

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:

The Australia Institute has welcomed the New South Wales Coalition Government’s Electric Vehicle Strategy released today. The NSW Government electric vehicle strategy includes: $3,000 rebates on the purchase of 25,000 new EVs under $68,750, Exemption from stamp duty for EVs below $78,000 from September 2021 and all EVs from 2027, A deferral of their EV

The Australia Institute has welcomed the New South Wales Coalition Government’s Electric Vehicle Strategy released today and called on the South Australian Government to show similar leadership in their State Budget on Tuesday. Key points: Today the NSW Coalition Government announced an electric vehicle strategy that includes: $3,000 rebates on the purchase of 25,000 new

While Australia sticks to accounting tricks, calls by other countries are growing to impose a carbon price on our export Who would have thought that Scott Morrison would be the one to reintroduce a carbon tax? And who would have thought it possible to design a carbon tax on Australian polluters that delivered revenue to

The Australia Institute has welcomed the Energy Security Board’s (ESB) advice that state Energy Ministers be encouraged to step in and manage the orderly retirement of coal fired power stations in the National Electricity Market (NEM). The proposal to use ‘Orderly Exit Management Contracts’ was made in the ESB’s post 2025 Market Design options paper

New analysis by the Australia Institute Climate & Energy Program shows that the use of carbon border adjustment mechanisms, to be under discussion at the G7 Summit this week, will put Australian industry and manufacturing processes – mainly steel, aluminium and alumina, at risk if Australia continues its recalcitrant role on the global stage. At

You can’t be a leader if you follow people down the wrong path, which is why, with a heavy heart, I am returning the alumni award for National Leadership the University of Newcastle bestowed on me in 2017. I cannot understand how the council of a university whose motto is “I look ahead” could appoint

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

The best way to keep premiums down is to prevent climate change and the disasters it causes No matter how much you pay for your home or car insurance, if your property is damaged by mouse plague, nuclear radiation, war or rising sea levels you are almost certainly on your own. If you’re lucky, your