The Australia Institute made a submission on the Wilpinjong Extension Project in March 2016. Our submission focussed on the economic assessment by Deloitte Access Economics in appendix M of the environmental impact statement (EIS).

The Australia Institute made a submission on the Airly Mine Extension proposal in October 2014, highlighting our concerns with the economic assessment of the project conducted by Aigis Group. Our key points were: The economic assessment does not comply with relevant guidelines. Inappropriate consideration of wages as an economic benefit, overstating the value of the

The Australia Institute made a submission on the latest proposal for the Invincible coal mine, located near Lithgow NSW. As with several proposals before this, the economic assessment of the proposal is flawed, with costs understated and benefits overstated. The project is unlikely to represent a net benefit to the NSW community and should be

Since Malcolm Turnbull replaced Tony “coal is good for humanity” Abbott, the Adani Carmichael Mine, the Galilee Basin and environmental “Lawfare” has been out of the news. An increase in the coal price and Turnbull’s apparent change of view means the Coal Wars are back. Download the Coal Hard Facts guide below.

Gas industry funding and direct involvement in research committees of GISERA, the research body that conducts research on social and environmental impacts of CSG, is potentially compromising the scientific independence of CSIRO. The five main Queensland gas companies provide the lion’s share of funding to the Gas Industry Social and Environmental Research Alliance (GISERA) – the Gas Industry Social

New analysis released by The Australia Institute today estimates that hidden subsidies from the Queensland Government to the coal mining industry, in the form of the value of groundwater accessed for free, represent at least $100M in value for the Galilee Basin coal mines alone. Report author Rod Campbell, who is the Director of Research

A new report by the Australia Institute shows that employment and jobs growth fell in regional Queensland during the mining construction boom. Despite an unprecedented 400 percent increase in mining investment from 2010 to 2013, by 2015 employment in regional Queensland fell to below 2010 levels. While employment increased in a few mining intensive regions

1,473 South Australians were asked if they supported a Victoria-style ban on gas fracking in their state. Twice as many (47%) support a ban than are opposed (23%). 30% were undecided. The polling was conducted on 30 August, as Victoria introduced its ban and in the weeks following the furore around energy prices in South

Modelling shows that Australia’s economy would be barely affected by a moratorium on approval of new coal mines and mine expansions.  As the world works to reduce greenhouse gas emissions, it will need to burn less coal. As a result, the world will need less coal mines. In the lead up to the Paris climate

The United Wambo Open Cut Coal Mine Project is a proposal to expand and merge the existing Wambo and United coal mines in the Hunter Valley, NSW. This submission focuses mainly on the economic assessment included in the Environmental Impact Statement (EIS) of the proposal, Appendix 19 Economic Assessment, written by Deloitte Access Economics (Deloitte).

A new report from The Australia Institute explores what the petroleum industry can do to simultaneously pursue its financial interests and the interests of the global climate. The report, written by Australian National University Emeritus Professor Andrew Hopkins, outlines four key areas where the oil and gas industry’s interests align with the global goal of

Report reveals a web of political donations, special access and secret lobbying behind controversial mining projects.  The report examines 6 highly controversial QLD resource projects and highlights the strong connection of these companies to QLD and federal political parties. The Queensland Liberal National Party accepted over $300,000 from companies associated with these projects, but most of the political

Research released today by The Australia Institute estimates the tourism industry impacts if severe coral bleaching continues on the Great Barrier Reef. — Full report in attachment below — Based on surveys of Chinese, UK, American and domestic tourists, results show that tourism areas adjacent to the Great Barrier Reef risk losing over 1 million

The Wambo Mine – Modification 12 – Southern Longwall Modifications is a proposal to extend an existing coal mine in the Hunter Valley, New South Wales (NSW). The mine is owned by coal producer Peabody Energy. An environmental impact statement (EIS) has been submitted to the Department of Environment and Planning. This submission relates mainly

As the size of the clean up after the mining boom becomes apparent, mine site rehabilitation is becoming an important topic for many communities, regions and governments in Australia. A recent report on mine voids found that 6,050ha of voids will be left behind in NSW, most of which will fill with saline water, an

Development of an underground coal mine in NSW’s Southern Highlands is not economically viable and presents risks to the environment, existing industries and landowners.

Multinational oil company BP is planning exploratory drilling for oil and gas in the Great Australian Bight. The Senate Standing Committee on Environment and Communications is conducting an inquiry into the proposal, including into social and economic impacts of potential oil and gas exploration and production. The economic benefits of oil and gas exploration are

This paper outlines the recent employment trends and future prospects of Queensland’s industries and regions, and explores the state’s changing economic context.

The economic assessment of the Wilpinjong mine heavily overstates the value of the project. This is easily seen by comparing the estimate of the project’s net present value, AUD$735 million, with the total stockmarket value of the proponent, only $114 million. The key flaw in the economic assessment is unrealistic production costs. The assessment assumes

The economic assessment of the Rix’s Creek Extension Project, written by consultants KPMG, heavily overstates the benefits of the project while largely ignoring potential costs. Key flaws are: High coal prices. Unorthodox treatment of wages. Assumption that most external costs are fully offset or mitigated, with no consideration of risk around these impacts. Minimal detail

Economic assessment has been at the centre of controversial planning decisions on mining and coal seam gas projects in New South Wales (NSW) for several years. The Australia Institute welcomes the efforts of the NSW Government and NSW Department of Planning and Environment to improve the standard of economic assessment.

A new report by The Australia Institute shows that local businesses in unconventional gas regions in Queensland believe that gas development led to deterioration in their finances, local infrastructure, social connections and labor force skills.  The analysis of mostly gas industry funded research also highlights survey results by the CSIRO that found less than a

The Australian government has recently approved Adani’s Carmichael coal project. If built, it would be the biggest coal mine in Australia. This briefing note puts the vast scale of Carmichael into context.

The Australia Institute has made a submission on the Environmental Impact Statement of the Bylong Coal Project, a proposed new thermal coal mine located south of the Hunter Valley in NSW.  The economic assessment of the Bylong Coal Project is not suitable for decision making purposes. It lacks transparency, is based on flawed methodologies and

New polling shows strong support for a moratorium on new coal mines in two of the safest Liberal seats in the country.  The ReachTEL poll of 694 residents in Wentworth and 679 in North Sydney was conducted in the wake of an open letter, signed by 61 prominent Australian’s, called for a global moratorium on

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