Climate policy can incentivise genuine emissions reduction, or it can delay decarbonisation by expanding the use of offsets.

In early November 2022, Federal Environment Minister Tanya Plibersek agreed to reassess 18 fossil fuel projects that had previously been approved under the Environmental Protection and Biodiversity Conservation (EPBC) Act. The reassessment was requested by the Environment Council of Central Queensland, represented by the law firm Environmental Justice Australia.

The Australia Institute made a submission on draft legislation that would establish a new kind of carbon credit in Australia. The proposed Safeguard Mechanism legislation fails to clarify how new entrants will be managed and does not address integrity and additionality concerns around offsetting units.

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.

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

The Australia Institute welcomes the opportunity to appeal Report 1727 North West Shelf Project Extension Proposal. The role of the Western Australian Environmental Protection Authority (EPA) is to prevent, control and abate pollution and environmental harm. In recommending the approval of a 50-year extension of Australia’s most polluting fossil fuel project, the North West Shelf

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.

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.

New research from the Centre for Future Work shows that the rapid transformation of Australia’s aluminium facilities to sustainable sources of electricity would spark substantial economic benefits: for the aluminium industry, its supply chain, and for the burgeoning renewable energy sector (which would achieve greater critical mass from major new power supply contracts).

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.

Australia’s electricity industry constitutes a large and critical component of our national economic infrastructure. The industry produces $25 billion per year in value- added. It employs around 50,000 Australians, paying out $6 billion per year in wages and salaries. It makes $45 billion in annual purchases from a diverse and far-reaching supply chain, that provides the sector with inputs ranging from resources to equipment to construction to services.

In 2020-21, Australian Federal and state governments provided a total of $10.3 billion worth of spending and tax breaks to assist fossil fuel industries. The $7.8 billion cost of the fuel tax rebate alone is more than the budget of the Australian Army. Over the longer term, $8.3 billion is committed to subsidising gas extraction,

The US is expected to commit to halving its emissions by 2030, based on 2005 levels. In other words, they will reduce emissions by 43% from today’s levels in the next decade, despite plans for massive COVID-19 economic stimulus. The new US climate target will abate 5.2 billion tonnes of CO2 and be a significant

A new study on the proposed Mulga Rock uranium mine in Western Australia relies on optimistic price and exchange rate forecasts. Details of claimed cost reductions have not been published, but costs still appear high relative to international competitors.