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July 2020
Submission to NT Econ Reconstruction Commission
The Australia Institute made a submission to the Northern Territory Economic Reconstruction Commission, highlighting research on fiscal stimulus design and the minimal stimulus that would be created from government subsidisation or other assistance to the fossil gas industry.
Dirty Big Secret: Financial performance of fossil fuel companies
Fossil fuels were the worst performing sector in the ASX 300 over the last decade. $100 invested in the fossil fuel dominated S&P ASX 300 Energy index in 2010 was worth just $104 by January 2020, dropping to $51 with COVID. $100 in the wider market peaked at $237, falling to $169 with COVID. Excluding
June 2020
Getting off coal: Economic and social policies to manage the phase-out of thermal coal in Australia
The evidence of a climate emergency is now undeniable. Any coherent response requires a rapid phase-out of coal-fired electricity generation. That also implies an immediate halt to new thermal coal mines and a gradual closure of existing thermal coal mines. Successful implementation of such a policy requires a strong and concrete commitment to facilitating employment
May 2020
Fracking and slacking
Powering Onwards
With disruptions in international supply chains for essential products (like medical equipment and supplies) disrupted in the current COVID pandemic, Australians have a new appreciation for the importance of retaining a flexible, high-quality, domestic manufacturing capacity. And the ongoing transformation of Australia’s energy industry, with rapid expansion of renewable energy sources, would add momentum to the renaissance of Australian manufacturing.
April 2020
Emissions from Onshore Gas in Victoria
The Victorian Government has decided to allow onshore gas mining based on an internal report that claims minimal climate impacts. However the report ignores up to 88% of greenhouse emissions from new onshore gas mining, appearing to ignore emissions from burning the gas.
February 2020
Up effluent creek
Supply measure projects that purport to save water in the Yanco Creek System will lead to environmental damage and “greater diversions” for irrigation in the Murrumbidgee according to water agencies. They are likely to be unlawful, with no way of properly assessing environmental equivalence as defined in the Basin Plan.
Enough Scope
Coal mined in NSW causes more emissions than the UK or France and nearly four times more than directly emitted from NSW itself. NSW climate policy aims for net zero emissions by 2050. Yet in the midst of a bushfire crisis, under coal lobby pressure, the NSW Government seeks to abolish the legal requirement to
January 2020
Rough Estimates
Recently released documents show that the vendors in an $80 million water sale had repeatedly offered far lower prices to the Commonwealth but these offers were rejected as ‘not value for money’. The documents mention a company linked to Energy Minister Angus Taylor seven years after it says it ended work with the vendors. The
December 2019
Polling: Christmas presents and waste
New research from The Australia Institute has revealed that nearly one third of Australians (30%) are expecting to receive a gift that they will never use this Christmas.
The Basin Files
HeatWatch – Extreme heat in the Kimberley
Increases in extreme heat events in the Kimberley region will have severe impacts on the wellbeing of people in the region, particularly indigenous communities. It will also impact key industries, including tourism and agriculture, and damage natural ecosystems.
November 2019
Polling – Great Australian Bight (November 2019)
New research from The Australia Institute has found that, for the first time, more than four in five South Australians (84%) support World Heritage Protection for the Great Australian Bight. That is a 7% increase, when compared to polling undertaken in March of 2019.
Submission: South Australian Select Committee on the Murray Darling Basin
The Australia Institute welcomes the opportunity to make a submission to the South Australian Select Committee on the findings of the South Australian Murray Darling Basin Royal Commission and the Productivity Commission’s five-year assessment of the Plan. Public commentary frequently blames the Basin Plan for the economic, social and environmental demise of much of the
Submission: Australia’s oil and gas reserves
The Australia Institute made a submission to the Senate Economics References Committee’s inquiry into Australia’s oil and gas reserves. The submission highlights our existing research on Australia’s oil and gas and how they relate to the inquiry’s terms of reference. Update Read our second submission to the Senate Economics References Committee’s inquiry into Australia’s oil and
Norwegian cheque
If Norwegian company Equinor is given permission to drill for oil in the Great Australian Bight, it will likely pay the Norwegian Government more than it will pay in Australian Government taxes and up to 27 times more than they will pay to the South Australian Government, a new report from The Australia Institute has
October 2019
Strategic failure
The Australian National Audit Office is investigating so-called strategic water purchases in the Murray Darling Basin. These purchases were counter to government policy on reducing consumptive use, have not brought balance to the Commonwealth’s water portfolio, were not value for money and did not meet guidelines on transparency, accountability and ethical procurement. The Australia Institute
NSW Government must defend law and climate from coal industry attacks
The open letter signed by 47 experts co-ordinated and published by the Australia Institute Climate & Energy Program and complete list of signatories is reproduced in full below. View full media release here. An open letter to the Government of New South Wales Allowing new coal mines in NSW is incompatible with the NSW Government’s
Over Reactor
Dam shame
Coal calling
New coal mine proposals in Tasmania appear to be aimed more at increasing the value of the company and extracting government subsidy than at developing a mine that could deliver value for the Tasmanian community.
September 2019
Monopoly money
Just to cap it off
Submission: Offset Upset
WA LNG projects are pushing up Australia’s emissions.
Submission to NSW IPC: United Wambo coal mine, scope 3 emissions
The Australia Institute welcomes the opportunity to comment on proposed conditions of the United Wambo coal mine project relating to climate change. The Independent Planning Commission is to be commended for raising the elephant in the room of Australia’s climate policy – our coal exports and the scope three emissions that they create. In the