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May 2017
Queenslanders don’t want Adani subsidies: Poll
A new ReachTEL poll of 1,618 Queenslanders shows strong opposition to state and federal subsidies for the Adani coal proposal, including among LNP and One Nation voters. -Polling results in attachment below- 59% of Queenslanders oppose Federal and State taxpayers’ money being used to fund Adani’s project. 37% said they were strongly opposed and just
For Hume the Bell Tolls
The Southern Highlands has a diverse economy, with its band of towns and its proximity to major cities giving it an economic structure similar to NSW as a whole, but with a special focus on tourism, agriculture and manufacturing. Local businesses and community members are concerned about the potential effects of the proposed Hume Coal
African white elephant
Australia’s export credit agency, Efic, is a government-owned, taxpayer-backed organisation that aims to assist Australian exporters with financial services. Efic is currently considering a loan to a South African coal project. The Boikarabelo coal project has approval to produce 32 million tonnes of raw coal each year. The development of this project would likely contribute
Almost two thirds of Australians oppose billion dollar loan subsidy to Adani: poll
New polling from The Australia Institute shows almost two thirds (64%) of Australians oppose a taxpayer-funded subsidised loan to the Adani coal mine project, as reports emerge the Queensland Government is considering an additional $320 million subsidy to Adani in the form of a ‘royalty holiday’. —For polling brief see attachement below— “Providing a billion
Narrabri Gas Project: Submission
The economic assessment of the Narrabri Gas Project is misleading and does not comply with NSW assessment guidelines. The benefit cost analysis by consultants GHD is contradicted by the proponents’ financial statements and analysis commissioned by the Australian Energy Market Operator.
Royal Pardon: How much an Adani royalty holiday could cost Queenslanders
Media reports suggest that the Palaszczuk Government intends to give Adani a discount on the royalties the company would pay to extract the state’s coal. If the Queensland government settles on a royalty holiday for Adani’s proposed coal mine, similar to that used earlier by the NSW government, the cost to Queenslanders will be almost
April 2017
Scientific inquiry into Hydraulic Fracturing in the Northern Territory
The Australia Institute welcomes the opportunity to make a submission to the Scientific inquiry into hydraulic fracturing in the Northern Territory. Our submission focuses on Theme 7.7 of the Background and Issues Paper, economic impacts and also addresses other themes that the Institute has conducted research on.
Royalty Flush: Risks to NSW coal royalties from Adani and Galilee Basin development
Development of large coal mines in Queensland’s Galilee Basin will reduce thermal coal prices. This also reduces royalty revenue received by NSW. The Adani project alone is likely to reduce NSW revenue by nearly $50 million per year. The NSW government should oppose subsidies to Adani.
The risk of migratory methane emissions resulting from the development of Queensland coal seam gas
A new report by the Melbourne Energy Institute, commissioned by The Australia Institute, shows that coal seam gas (CSG) extraction could be significantly increasing methane emissions from underground gas deposits. The report raises questions as to the role CSG plays in causing gas bubbles in Queensland’s Condamine River. Greens MP Jeremy Buckingham ignited the bubbling
Wallarah 2 Coal Project: Submission to Planning Assessment Commission (April 2017)
The Wallarah 2 Coal Project (Project) proposes to produce 4 to 5 million tonnes per annum (mtpa) of thermal coal for export. The project is located on the Central Coast of NSW near Wyong. The proponent is Kores, a South Korean government owned corporation. The Australia Institute welcomes the opportunity to make a submission to
Dark side of the boom
As the mining boom winds down and the mining clean up boom begins, mine site rehabilitation and mine abandonment are emerging as major issues for Australian communities, governments and taxpayers. All stakeholders will need information on the status of mines and their rehabilitation efforts to ensure this is carried out in a way that does
Renewable Energy Polling
Polling conducted by Research Now for The Australia Institute reveals continued popularity of renewable energy
March 2017
Making the future plausible? Putting coal industry claims in context
The Minerals Council of Australia (MCA) has released a new advertising campaign titled ‘Making the future possible’. The campaign involves two videos and a website promoting mining’s role in the Australian economy and the benefits of new coal-fired electricity generators. However, some claims are incorrect and many are misleading, being presented without context and conflating
Freedom of Information requests on Adani and the Northern Australia Infrastructure Facility (NAIF)
Despite overseeing $5 billion in subsidised loans, the NAIF has limited staffing and internal documentation. Secrecy around Adani proposal Handful of staff to assess $5 billion worth of projects Lack of guidance documents for Investment Decisions No detailed Application and Assessment process Limited governance policies which they refused to release Secrecy about NAIF Board decisions
Adani and Governance of the Northern Australia Infrastructure Facility
Despite widespread coverage, little is known about the NAIF or the $1bn NAIF loan proposal for Adani’s coal rail. Lacking robust governance policies, including some required by its legislation, and poorly resourced, NAIF should reject the immense political pressure to fast-track the loan. The Australia Institute also lodged FOI requests with the NAIF. The FOI
February 2017
An own coal?
With exports to key markets declining, Indonesia’s huge coal industry is pinning its hopes on expansion of domestic coal use. Current policy would triple numbers of coal-fired power stations and ignore Indonesia’s huge renewable energy potential.
Submission: Wallaby Scrub Road closure
The Australia Institute provided advice to EDO NSW and the Bulga Milbrodale Progress Association on the possible economic effects of closing Wallaby Scrub Road, in the Hunter Valley, NSW. Rio Tinto proposes to close the road in order to expand the Mt Thorley-Warkworth coal mine.
Dark side of the boom (NSW)
Report on what we do and don’t know about mines, closures and rehabilitation in New South Wales. Little data is available to the public on the clean-up from the mining boom. State government agencies often lack basic information on how many mines are in operation, with still less published on closures and abandonments.
Review of the Petroleum Resource Rent Tax
The Australia Institute welcomes the opportunity to make a submission to Treasury’s Review of the Petroleum Resource Rent Tax (PRRT). The review occurs at a time when Australia is set to become the world’s largest gas exporter, yet PRRT revenues are declining. Several major gas projects are unlikely to pay PRRT for decades, according to
High price events in the NEM Queensland January 2017 and SA July 2016
New research has drawn a comparison between very high wholesale prices in the National Energy Market in South Australia and Queensland. While high prices in South Australia have received much political and media attention, even higher prices endured by Queensland electricity consumers over the past five weeks have gone almost entirely unreported.
Freedom of Information requests for advice about SA blackout
The Prime Minister and Energy Minister ignored advice from AEMO that renewables were not to blame for the SA blackout. In the afternoon of 28 September 2016, a huge storm raged through South Australia, knocking over multiple power lines and triggering a stage-wide blackout. Almost immediately, politicians blamed the blackout on the relatively high concentration
Turnbull and Abbott’s own electorates both back renewable energy target
New polling conducted by ReachTEL for The Australia Institute of the electorates represented by Malcolm Turnbull and Tony Abbott reveals very strong support for increasing and not cutting Australia’s renewable energy target. 57% of Tony Abbott’s constituents oppose his proposal to cut the RET. 59% of Malcolm Turnbull’s electorate oppose the cut while just 28%
Liberals heartland rejects PM’s company tax and renewables agenda
SUBMISSION: Rocky Hill coal project
Economic assessment of the Rocky Hill project understates costs and overstates benefits. It is unlikely to be in the economic interest of NSW or the Gloucester community to approve this project.
December 2016
The $5 levy on iron ore in WA
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