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The Safeguard Mechanism has to date safeguarded polluters. Extensive reforms are required to ban new gas and coal entrants, limit the use of carbon credits and develop an alternative fixed price payment to be directed by the Commonwealth to build climate solutions.
uComms conducted a survey of 901 residents in the federal seat of Boothby on behalf of The Australia Institute during the evening of 7 September 2022 using self-completed automated voice polling methodologies. Key Results: A majority of voters in the seat of Boothby (53.5%) believe that Australia has some responsibility for the pollution from Australian
The Australia Institute welcomes the opportunity to comment on the Climate Change Bill 2022 and Consequential Amendments Bill 2022 (hereafter ‘the Bills’). The Bills are a valuable framework to ensure transparency and accountability of Australia’s greenhouse gas emissions reduction targets, including by ensuring the provision of evidence-based advice from the Climate Change Authority to inform
Australia has become an outlier in the global light vehicle market, with a comparatively inefficient and anachronistic vehicle fleet. In 2018, the average carbon dioxide (CO2) intensity for new passenger vehicles in Australia was 169.8gCO2/km compared to 129.9gCO2/km in the United States, 120.4gCO2/km in Europe and 114.6gCO2/km in Japan.
As tensions in the Pacific and war in Europe continue to escalate, Australia could play an important global role in reducing the spread and threat of nuclear weapons at an important upcoming conference in New York, according to a new research report. The Australian Government has been urged to adopt 4 key policy goals to
The technological shift away from coal to renewable energy for electricity generation is also a spatial shift. We are moving electricity generators to new dedicated Renewable Energy Zones (REZ) in parts of rural Australia that have not hosted energy utilities at this scale before. This report presents the first significant analysis of the spatial aspect
New research reveals the companies profiting from the $62.5 billion LNG industry exporting Australian gas – a key driver of shock domestic gas prices for households and business – are on average 95.7% foreign owned. The research also reveals that the top 20 ASX listed companies in Australia are, on average, 80% foreign owned, with US ownership alone almost triple Australian
Shifting from private passenger vehicle use to zero emissions public transport will help curb Australia’s rising transport emissions. When considering other factors, such as population growth – particularly in urban areas – and the significant non-CO2 pollutant emissions associated with traditional diesel buses, it is clear that electrification of buses should be a central pillar
The government defines ‘clean hydrogen’ as “hydrogen produced using renewable energy or using fossil fuels with substantial carbon capture and storage.”
Despite being labelled as ‘clean energy’, none of the emissions HESC has produced in its pilot phase have been buried through Carbon Capture and Storage.
Five of Australian Petroleum Production & Exploration Association’s (APPEA) most prominent member companies have paid no income tax for at least the past seven years despite combined income from their Australian operations of $138 billion. A sixth company, Santos, paid just $6 million on $28.9 billion of income, and paid no income tax from 2015
Australia has never hosted a United Nations climate conference (COP) and the recent proposal from the Labor Party to bid for the 2024 COP in partnership with the Pacific could shift Australia’s reputation from climate laggard to regional leader. This shift should be accompanied by substantive changes to Australia’s climate policy, including on Australia’s climate
Emissions have increased under Australia’s only climate policy, the Emissions Reduction Fund (ERF).
Australia is precariously dependent on imported fuel. Demand-side solutions, particularly electrifying transport, should be adopted to improve Australia’s fuel security and increase energy independence.
The Australian Government has identified carbon trading as a means to “work together to bring down emissions” across the Indo-Pacific region and to “help countries meet and report against their NDCs” through the use of carbon markets. It is unclear how Australia’s plans for fossil fuel expansion and pursuit of cheap abatement overseas will bring down emissions or help countries meet their climate targets.
Tasmania hosts some of the highest marine diversity and endemism on Earth, world’s best practice expertise in marine science and governance, and punches above its weight in economic contributions, thanks to our ocean.
The economic assessments of the Glendell proposal overstate its benefits and understate its costs. Applying current carbon prices to only its direct emissions gives a net present value of between negative $460 and negative $570 million. This excludes consideration of the potential heritage and biodiversity impacts.
In 2021-22, Australian Federal and state governments provided a total of $11.6 billion worth of spending and tax breaks to assist fossil fuel industries. This is a 12% increase on last year’s figure and 56 times the budget of the National Recovery and Resilience Agency. Over the longer term, $55.3 billion is committed to subsidising gas and oil extraction, coal-fired power, coal railways, ports, carbon capture and storage, and other measures.
Freedom of Information documents show that when designing the ERF CCS method, the Clean Energy Regulator consulted almost exclusively with fossil fuel companies and big emitters, while actively excluding independent researchers.
Government efforts to increase the supply of carbon credits in Australia suggest that proposed administrative changes to the Carbon Farming Initiative Regulations may be used as an opportunity to allow excluded projects to participate in the Emissions Reduction Fund (ERF).
Allowing carbon credit projects on land that has been recently or illegally cleared would both incentivise land clearing and undermine the purpose of the ERF in reducing emissions.
The proposed REDD+ project in Oro Province of PNG covers an area twice the size of London and is expected to generate a huge 800 million carbon credits over its lifetime.
However, the available evidence fails to provide any assurance that this project has integrity, raising broader concerns about the types of carbon credits that Australia, other countries, and the private sector may use to meet their emission reduction commitments.
The Australia Institute made a submission to the consultation process regarding Recommendation 14.1 of the NT Fracking Inquiry, “That prior to the granting of any further production approvals, the Government designs and implements a full cost-recovery system for the regulation of any onshore shale gas industry.”
The Department of Planning and Environment recommends approval of the project based on economic benefits, but finds these benefits reduce “significantly” if greenhouse emissions are properly accounted for. The Department did not quantify the significant reduction. Applying a carbon price of between $24.50/t and $73/t reduces the value of the project to zero. Such carbon
The Australia Institute has been involved throughout the Energy Security Board’s (ESB) project to create a Post 2025 design for the National Electricity Market (NEM). In this submission we address the ESB’s proposal to design a capacity market mechanism as a way of managing energy reliability as coal power stations retire. The problem the ESB
Global automotive manufacturing is rapidly transitioning to the production of Electric Vehicles (EVs) in line with technological advancements and the global community’s commitment to addressing climate change. This transition presents an enormous opportunity for Australia to rebuild its vehicle manufacturing industry, taking advantage of our competitive strengths in renewable energy, extractive industries, manufacturing capabilities, and
The Low Emissions Technology Statement 2022 should measure progress based on achieved and potential emissions reductions for each priority technology, undertake proper consultation and elevate technologies that do not enable fossil fuels.
Investors in mining are backing electrification resources over fossil fuels. In the year to October 2021, just one fossil fuel company listed on the ASX, while 42 companies listed that target electrification minerals copper, nickel, lithium cobalt, graphite and rare earths. Over half the companies aim to mine in Western Australia, with another seven headquartered
The LNG industry portrays itself as essential to WA’s economy, a sentiment echoed by the WA Government. However, LNG industry contributes just 1% of the WA state budget and two thirds of Western Australia’s gas is effectively given away by the Western Australian and Australian Governments with almost no royalties or tax being paid. The
This report examines the policies of the largest Australian superannuation funds, highlighting their investments in companies involved in nuclear weapons development, production and maintenance (nuclear weapons companies).