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The Senate Economics References Committee is conducting an inquiry into Australia’s oil and gas reserves. The Australia Institute welcomes the opportunity to make a second submission to this inquiry highlighting recent research on Australia’s oil and gas that relate to the inquiry’s terms of reference published since the original submission. As such it should be
The Australian Government claims that Australia is leading the world in achieving climate targets and transitioning to renewable energy. New analysis finds Australia’s energy emissions continue to rise, while productivity and decarbonisation rankings fall. Since 2005 Australia has maintained, if not slipped further behind, its OECD counterparts when it comes to the energy transition.
Unconventional gas in the Northern Territory is unpopular and uneconomic, risking water resources, the climate and taxpayer funds. It provides little revenue and very few jobs. Government-commissioned studies show this is unlikely to change under modelled production scenarios. The recommendations of the Territory’s fracking inquiry are not being met, particularly information programs for Aboriginal people
Australia’s Emissions Reduction Fund will soon incorporate carbon capture and storage projects. The design and development of the CCS ERF method lacks integrity and independence. The proposed method will allow industry to sidestep regulation, enable new gas and oil projects to exist where they otherwise would not have, and result in more emissions being emitted
Budget incentives to increase investment are expensive, poorly targeted and will do little to improve productivity
日本語は以下 ↓ Japan uses a lot of coal. The 170 million tonnes the country burned in 2020 is enough to fill the Tokyo Dome 102 times over. Burning so much coal is a key reason Japan is the fifth-largest greenhouse emitter in the world. If the world is to avoid dangerous climate change, coal use
Since the middle of 2020, the Australian economy has recovered strongly. By many measures, the recovery to pre-COVID levels looks to be almost complete. But have the gas and gas processing sectors had much to do with it? An analysis of the data suggests the gas industry effectively made no contribution to the economic recovery,
Welcome to the February- April 2021 bumper issue of the NEEA Report, presenting electricity-related data updated to the end of March 2021, data on gas consumption to the end of February, and petroleum product consumption to the end of January. Details on data sources and methods are included in the appendix. Key Findings: Between February
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
What is the Federal Government’s Gas-Fired Recovery Plan? At its most base level it appears to be a series of taxpayer subsidies to export-focused gas companies. The process for allocating these subsidies is secretive, with no publicly available criteria, or even policy documents answering many of the basic questions of what the plan is aiming
The federal government can improve Australia’s low electric vehicle uptake through upfront purchase incentives, CO2 emissions standards, a 100% gov fleet target and correcting its own misinformation and modelling.
23 new coal projects are proposed in NSW, with total production capacity equivalent to 15 Adani-sized mines. Ten Adanis’ worth of these projects are proposed for the Upper Hunter. Local and international factors mean not all of these projects can proceed. A moratorium should be placed on new coal approvals while a coherent regional planning framework is developed for the Hunter. This framework should be based around a world with net zero emissions in 2050.
The Australia Institute welcomes the opportunity to make a submission on the COAG Reform Fund Amendment (No Electric Vehicle Taxes) Bill 2020 (the No EV Tax Amendment).
The Australia Institute made a submission on the Federal Government’s Technology Investment Roadmap Discussion Paper.
The Australia Institute made a submission to the Australian National Audit Office endorsing proposed audits of the Underwriting New Generation Investment program (UNGI) and Snowy 2.0, and recommending close audit of the National COVID19 Coordination Commission (NCCC).
The Federal Government is expected to move in 2020 to pass legislation to start an offshore renewable energy sector. Wind is currently the sole commercially viable offshore renewable energy generation technology and it has considerable potential to contribute to the Australian and global energy mix. If the Federal Government draws on lessons learned in Europe’s
Victorian brown coal-fired power plants are some of the worst performing stations in the National Electricity Market. With hot and dry conditions forecast for the rest of this summer, Victoria is at risk of further breakdowns of aging coal generators, insufficient supply and blackouts.
The rush to develop Australia’s hydrogen industry is based on export opportunities, especially to Japan and Korea, which have been vastly overstated by comparison with Japanese and Korean targets. Developing hydrogen with coal and gas risks locking in increased emissions, given the track record of carbon capture and storage. Australia should focus on hydrogen produced
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
The Australia Institute made a submission to the National Environment Protection Council (NEPC) regarding national ambient air quality standards for ozone, nitrogen dioxide and sulphur dioxide. The economic assessment of the proposed standards is not fit for purpose. The benefit-cost analysis underestimates the benefits of improved air quality while overstating the costs of improvements. In
The Australia Institute made a submission to the Environment and Communications Legislation Committee’s inquiry into the Coal-Fired Power Funding Prohibition Bill 2017. The submission highlights our existing research on Australia’s energy market and coal-fired power generation. A coal phase out by 2030 is needed to meet our Paris Agreement commitments. Coal communities are better served
Victoria’s brown coal fired power stations suffer from frequent breakdowns and Loy Yang A is the responsible for largest number of breakdowns on the National Energy Market, since monitoring began in December 2017, and Loy Yang A’s Unit 2 is the most unreliable unit on the grid.