Conservative electorates back a switch to 100% renewables by 2030 and a global moratorium on new coal mines, according to new ReachTEL polling commissioned by The Australia Institute.
A moratorium on new coal mines is backed by voters in heartland conservative Liberal and National party seats.
Originally published in the Australian Financial Review - here.
The differences between rugby league and rugby union, like the differences between the disciplines of economics and finance, can seem obscure to those who aren't fans of either. Subtle though they may be, small differences can have big impacts on the end result. Indeed, those small differences help explain why, despite the record-low coal price, there are 50 new coal mines being proposed in Australia.
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:
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.