Research // Energy from Fossil Fuels
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November 2024
Climate of the Nation 2024
The Australia Institute’s annual Climate of the Nation report provides an insight into Australians’ understanding of, and attitudes towards, climate change and Australia’s current and proposed climate policies. Climate of the Nation 2024 shows that Australians are not only concerned about the climate crisis, they feel negative about the future in the context of climate
October 2024
Gas in WA: Exports
If Western Australia was a country, it would be the world’s third largest exporter of liquefied natural gas (LNG). Yet, despite the huge amounts of gas produced in WA annually, recent media reports claim the state is heading for a gas shortage. How can WA be running short of gas when it is a globally
Fuel security in Australia and the International Energy Agency’s 10-point plan
Australia has long-running challenges in relation to liquid fuel security and transport emissions. In response to the “energy security emergency” arising from Russia’s invasion of Ukraine, the International Energy Agency published a 10-point plan to improve fuel security by cutting oil use by 6% within four months. Two years later, Australian governments have implemented none of the IEA’s recommendations.
August 2024
What is the case for more gas?
The Future Gas Strategy, published in May 2024, sets out the Albanese Government’s plan for gas production and consumption in Australia between now and 2050.
July 2024
Hope and hydrogen – Australia’s hydrogen export charade
The Australian Government claims that green hydrogen is part of its vision for becoming a renewable energy ‘superpower’, but budget documents show this is not the case. Current industrial hydrogen use in Australia is 500,000 tonnes per year. The Commonwealth Government is budgeting for green hydrogen production of around 500,000 tonnes per year into the
June 2024
Gas industry claims debunked
War in Ukraine has seen oil and gas export revenue out of Australia increase from $40 billion in 2020-21 to $107 billion in 2022-23. Lobby group forecasts of $17 billion in 2023-24 payments to government should be considered in this context.
May 2024
Australia’s great gas giveaway
According to the Australian Government’s Future Gas Strategy, gas is “critical” to the nation’s economy.
Budget revenue from WA gas exports
Royalty revenue from WA gas exports has halved in the past two years and now makes up just 1.5% of budget revenue.
Fossil fuel subsidies in Australia 2024
Australia’s subsidies to fossil fuel producers and major users from all governments totalled $14.5 billion in 2023–24, increase of 31% on the $11.1 billion recorded in 2022–23.
Australia’s Fuel Tax Credits and the debate over fossil fuel subsidies
The Fuel Tax Credits Scheme costs the Federal Budget nearly $10 billion per year and largely benefits iron ore and coal miners.
A stronger PRRT cap
Even though Australia needs to transition to a net zero emissions economy as a matter of urgency, the tax system continues to encourage fossil fuel investment.
Gas in WA: the economy
WA is a globally significant gas exporter, but gas is insignificant in the WA economy.
April 2024
Submission – PRRT: Delivering fairer and bigger returns, always
Submission to Senate Standing Committees on Economics inquiry into the Treasury Laws Amendment (Tax Accountability and Fairness) Bill 2023 [Provisions].
March 2024
Saying ‘no’ to Santos: Submission regarding the Offshore Petroleum and Greenhouse Gas Storage (Environment) Regulations 2023
Offshore gas must not bypass genuine consultation with traditional owners or the wider community. Adequate consultation will always challenge the crumbling social license of fossil fuel operations – perhaps that is why there are proposals to “clarify and improve” consultation and approvals?
February 2024
Polling – Fossil fuel levy
The Australia Institute surveyed a nationally representative sample of 1,017 Australians about a proposed levy on fossil fuel exports. 508 respondents were asked whether they would support a levy of $1 per tonne of emissions (raising around $1.5 billion per year) and 509 whether they would support a levy of $20 per tonne (raising around
October 2023
The economic impacts of gas development in the Northern Territory
Gas development has few economic benefits beyond those that flow to the gas industry itself. The industry is a small employer, systematic non-payer of tax and crowds out other industries.
September 2023
Submission: Climate Change Authority Modelling
Avoiding the worst impacts of climate change demands urgent action. This urgency ought to be driven by fulsome and transparent information. Current economic modelling by the CCA could be an important contribution to this task, if done properly and shared with all.
Climate of the Nation 2023
The Australia Institute’s annual Climate of the Nation report provides a comprehensive account of Australian attitudes towards climate change, its causes and impacts, and the integrity of Australia’s current and proposed climate solutions.
August 2023
Emissions from the Tamboran NT LNG facility
The NT LNG facility aims to produce up 20 million tonnes of LNG per year for export using gas fracked from the Northern Territory’s Beetaloo Basin.
May 2023
Fossil fuel subsidies in Australia 2023
In 2022–23, Australian Federal and state governments provided a total of $11.1 billion worth of spending and tax breaks to assist fossil fuel industries.
April 2023
Community Attitudes to Home and Car Electrification
The transition towards a low-carbon future is a pressing issue, and household electrification has emerged as a critical component of Australia’s ongoing shift in energy use. In response, The Australia Institute commissioned a research report to better understand current public sentiment towards home and vehicle electrification via new community research. This report provides a snapshot
March 2023
Northern direction: If NSW had the Queensland coal royalty system
If NSW had adopted Queensland’s progressive coal royalty system in 2021-22 it would have raised an additional $2.8 billion. For 2022-23 this figure is estimated at between $4.2 billion and $6.2 billion.
Polling: New Gas & Coal, Offsets
Polling across 5 federal electorates reveals a majority of voters support a ban on new gas and coal projects, and very few support unlimited carbon offsets to expand fossil fuels. uComms were commissioned on behalf of the Australia Institute to poll in the seats of Mackellar, Goldstein, Sydney, Bennelong and Moreton between 9-14 of March
New fossil fuel projects in Australia 2023
There are 116 new fossil fuel projects on the Federal Government’s annual Resource & Energy Major Project list, two more than at the end of 2021. If all proceed as estimated, they will add 4.8 billion tonnes of emissions to the atmosphere by 2030.
Polling – Carbon Offsets, New Fossil Fuels, Role of the Senate
Key Findings: 82% of Canberrans believe polluting projects should not be able to offset 100% of their emissions via carbon offsets, only 9% believe in 100% carbon offsets for projects Of those, 56% believe polluting projects should have to directly reduce their emissions, not use carbon offsets And 26% believe projects should be able to
December 2022
From Russia with love
Australian coal export revenue increased by $73b, or 186% in 2021-22. Between $21b and $39b of this is directly attributable to the Russian invasion of Ukraine.
November 2022
Submissions on reconsideration of fossil fuel projects under the EPBC Act
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.
Trade with no cap
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.
Polling – Gas Industry Intervention
In November, The Australia Institute surveyed a nationally representative sample of 1,001 Australians about their views on possible government interventions in the gas industry. The results show strong support for the government to intervene in the gas industry, either by imposing export controls on gas exporters if they do not meet local demand, or by
October 2022
War gains: LNG Windfall Profits 2022
Energy prices spiked worldwide following Russia’s invasion of Ukraine and the resulting restrictions on Russia’s gas exports. This has in turn increased the value of Australian LNG exports and the profits of LNG companies. We estimate the war related windfall gain to LNG companies in 2021-22 at between $26 billion and $40 billion.