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October 2015
When you are in a hole stop digging
A new report by Richard Denniss, Chief Economist at The Australia Institute, identifies an emerging economic risk of building ‘too many coal mines’. The report examines the potential economic harm flowing that a major expansion and construction of new coal mines can result cause, including: Lower coal prices associated increased supply (and associated reductions in
Too Close for Comfort
Too Close for Comfort : How the coal and gas industry get their way in Queensland. Examines the relationship between the Queensland Government and the fossil fuel industry. The report reveals a pattern of secrecy, a lack of accountability and transparency and a fast moving revolving door between the highest level of the bureaucracy and government, where political
September 2015
CEDEX Australian GHG emission report – October 2015
The Australia Institute, in a new partnership with engineering consultants Pitt & Sherry, will now be publishing the highly regarded Carbon Emissions Index (CEDEX) report. The CEDEX is the benchmark indicator for Australia’s carbon emissions and an up to date snapshot of vital data from the energy sector. The new CEDEX report will now, for the
Airly Coal Mine project: Submission to Planning Assessment Commission
The Airly Coal Mine project is a small, underground mine in the Capertee Valley, north of Lithgow, NSW. It is currently being assessed by the NSW Planning Assessment Commission (PAC). The economic assessment of the project is highly unreliable and its conclusion that the project would provide economic net benefit to the state has no
Subsidise this
In 2015 the federal government gave $4b in subsidies to the mining and fossil fuel industry, in the previous six years the Australian government has spent $17.6b in support for these industries. Over 75% of the people agree that fossil fuel subsidies should be redirected to essential services.
Abbot Point Growth Gateway Project: Submission on EIS
The Australia Institute has made a submission on the draft Environmental Impact Statement (EIS) for the proposed Abbot Point Growth Gateway Project. The EIS economic assessment is based on flawed economic analysis and ignores the most important economic questions around the project – is it likely to proceed and if so, is it in the
Establishing a gas community benefits fund
The NSW Government is currently accepting submissions on how to establish a community benefits fund from the potential development of a coal seam gas (CSG) industry in the state. A Discussion Paper has been published by the Division of Resources and Energy. The Australia Institute has written extensively on the economics of gas in Australia.
Mt Thorley-Warkworth Continuation Project
The Planning Assessment Commission for the Mt Thorley-Warkworth Continuation Project (Warkworth Project) has requested further submissions relating to a proposal to change the State Environmental Planning Policy (mining, petroleum production and extractive industries) (Mining SEPP). The current Mining SEPP requires consent authorities to give the “significance” of a resource the greatest weight in their assessment
Springvale mine extension project : Submission
The Australia Institute made a submission to the September 2015 Planning Assessment Commission hearing on the Springvale coal mine extension proposal. Key points: Economic assessment of the project fails to comply with NSW government guidelines and widely-accepted professional standards. No indication is provided as to the financial viability of the mine, making all claimed economic
August 2015
Switching off gas – An examination of declining gas demand in Eastern Australia
This research was supported by funding from The Australia Institute and other groups, and conducted by the University of Melbourne Energy Institute. Dramatic changes in the eastern-Australian gas market are prompting projections of sharp declines in domestic gas demand. Data from the Australian Energy Market Operator (AEMO) indicate that gas demand in eastern Australia peaked
Passing gas: Economic myths around the Northern Territory’s North East Gas Interconnector pipeline
The North East Gas Interconnector (NEGI) is a proposed gas pipeline between the Northern Territory and the eastern states. The project is strongly endorsed by gas companies, the Territory government and governments in other states, but analysis is lacking as to the actual benefits to Territorians and the rest of Australia.While there is a shortage
Key administration statistics – 3rd Party Appeals and the EPBC Act
Details from a forthcoming Australia Institute Report Since the EPBC Act commenced in July 2000, there have been approximately 5500 projects referred to the Minister under the environmental impact assessment provisions. Of the 5500 referred, around 1500 have been assessed as requiring formal assessment and approval. 12 projects have been refused approval. 9 projects have
The role of ridesharing in addressing Canberra’s transport challenges
The emergence of ridesharing services like Uber and Lyft offer a potentially useful addition to Canberra’s urban transport options. Canberra faces unique transport challenges. Car ownership rates are higher in the ACT than in most states, despite almost all of the population living in the Canberra urban area. But with population predicted to almost double
An industry out of time – Submission to the South Australian Nuclear Fuel Cycle Royal Commission
The South Australian government has launched a royal commission into the nuclear fuel cycle, and whether it is desirable to expand the industry, perhaps into power generation, fuel enrichment, and waste storage. The Commission is accepting submissions on four issues papers relating to: 1) Exploration, mining and milling nuclear material 2) Processing and manufacture of
Take the pressure down: RET Policy Brief
A Renewable Energy Target (RET) of 50 per cent by 2030 is likely to put downward pressure on electricity prices. There is a large body of research, using a number of different methods, that has looked at the effect of the RET’s 2020 target on electricity prices. They have broadly come to same conclusion. Higher
July 2015
Submission: Inquiry into unconventional gas in Victoria
The Australia Institute made a submission to the Environment and Planning Committee of the Victorian Legislative Council Inquiry into Unconventional Gas in Victoria. Our submission addresses three myths of Australia’s unconventional gas industry: That there is a gas shortage That expanding gas supply will reduce Australian gas prices That gas development creates lots of jobs
Terminal 4 Planning Assessment Commission determination meeting
The Australia Institute made a submission to the Planning Assessment Commission for Newcastle’s Terminal 4 coal project. We oppose the Terminal 4 project. For the project’s capacity to be utilised an increase in the rate of coal extraction in NSW is required beyond the continuation and replacement of existing mines. Such increases are unlikely to
Submission on NSW Integrated Mining Policy
The Australia Institute made a submission to the NSW Department of Planning and Environment’s Integrated Mining Policy during its exhibition period. A problem with the NSW planning system relating to mine assessment in recent years has been economic assessment. There are two areas in need of reform: The quality of economic assessment and enforcement of
Submission: Report on proposed Watermark Coal Project
The Australia Institute made written and in-person submissions to the Planning Assessment Commission on Shenhua’s Watermark coal project in June 2014. The economic and agricultural assessment in the Environmental Impact Statement (EIS) for the Watermark project is flawed. It is based on biased modelling techniques and ignores the risks the project presents to the region’s
Submission: Warkworth and Mount Thorley Continuation Projects
The Australia Institute made a presentation to the Planning and Assessment Commission for the Warkworth Continuation Project in Singleton on December 18 2014. Independent assessment has shown several times that the benefits of the Warkworth Project do not outweigh its considerable environmental and social costs. Judges, peer reviewers and the wider community have found deep
Power down II – Australia’s electricity demand
Power Down, Australia Institute Paper 14, analysed the changes in electricity demand in Australia’s National Electricity Market (NEM) between 2006 and 2013. Since 2010, electricity demand has been characterised by an entirely unprecedented steady fall in the total quantity of electricity consumed each year. Power Down concluded that a number of different factors had contributed
June 2015
Climate of the Nation 2015: Australian attitudes on climate change
Since 2007, The Climate Institute has produced Climate of the Nation research, which captures the nation’s pulse on climate change, its impacts and solutions. This year’s results show increasing awareness of the cause and impacts of climate change, strengthening support for renewable energy and carbon pollution regulation, and a greater call for government action.
Get Regular Excise:The case to reindex the fuel excise
The Howard Government decision in 2001 to cut indexation has cost the budget more than $46 billion in tax revenue to date. If no change is made the total cost to the budget is projected to top $160 billion by 2025. Additional carbon dioxide emissions attributable to the policy are projected to reach 16 million
Outclassed: How Queensland’s schools and social services are affected by mining industry assistance and lobbying
Queensland spends less on social services than the rest of Australia in per capita terms, despite being a large state with a growing population. In the major areas of health and education, Queensland spends less per person than any other state except NSW and Victoria – both of which benefit from large populations in relatively
Leading by Degrees: Universities and Fossil Fuel Divestment
This report begins by outlining the fast growing campus divestment movement, globally and in Australia, and explores the debate about the ‘moral university’ and fossil fuels. It then explores the first national poll to assess public attitudes towards universities’ ethics and investments, conducted following the national controversy around the ANU divestment decision. The survey data
Submission: Springvale Planning Assessment Commission
The Australia Institute made a submission to the Planning Assessment Commission on the Springvale Colliery Extension Proposal. Our submission relates to the various economic assessments and reviews of economic assessments in relation to this project. Controversy has surrounded the economic assessment of the Springvale project, resulting in various assessments, submissions, responses and reviews. None of
March 2015
Coal in the Southern Highlands economy
Mining plays a small role in the economy of the Southern Highlands. The major employing industries are service industries, manufacturing and construction. While tourism is not separately counted in most statistical publications, the strong employment numbers in retail, accommodation, food and transport industry categories suggest it plays a strong role. Agriculture is a relatively small
Submission: Mt Owen continued operations project
The Deloitte Access Economics (DAE) assessment of the economic impacts of the Mt Owen continued operations project has significant flaws which overstate the value of the project and mislead decision makers. The assessment does not make clear the costs and the benefits of the project to NSW, contrary to Director Generals Requirements. Instead, it compares
February 2015
Large Scale Solar and the RET
A new report identifies huge potential investment in solar power, not just wind, is dependent on a stable, strong large-scale Renewable Energy Target (LRET). The Large Scale Solar and the RET report also suggests that a 40% target would provide an earlier tipping point to trigger major solar investment.
Submission: Inquiry into Unconventional Gas (Fracking)
The Australia Institute made a submission to South Australia’s Natural Resources Committee Inquiry into unconventional gas. Our submission focuses on the potential net economic outcomes to the region and the rest of the state. The net economic effects of gas development in South Australia are likely to be small: There would be minimal impact on