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Economics
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February 2022
November 2021
Grants with Ministerial Discretion
$3.9 billion has been spent by grants programs with ministerial discretion since 2013. $2.8 billion, or 71%, has been allocated to projects in Coalition seats. Funding has clearly favoured marginal seats at the expense of safe Labor seats and, in some cases, safe Coalition seats. In per capita terms, marginal Coalition seats have received $184
October 2021
What is Australia bringing to COP26?
While COP26 this November is focused on ratcheting up short-term ambition it must also finalise the ‘Paris Agreement rulebook’ including on carbon markets, climate finance and adaptation. The Australian Government will face growing pressure to not just increase its 2030 target but act in good faith on other key negotiating priorities like markets, finance and
June 2021
Carbon Border Adjustments
All G7 members have sharpened their climate and trade policies to consider the use of carbon border adjustments. Australia should lean in rather than push back on the development of such a proposal while taking advantage of the opportunities in existing and new export industries.
April 2021
Short term ambition: 2030 targets for the US and Australia
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
March 2021
Offshore Petroleum and Greenhouse Gas Storage Amendment (Benefit to Australia) Bill 2020
Offshore oil and gas industries contribute little to the Australian economy in terms of tax revenue or employment. Many projects represent a net cost to the Australian community, as subsidies, cleanup costs, environmental impacts and resource depletion outweigh the relatively small tax and employment benefits. This bill should be supported as it could assist in