New research from The Australia Institute’s Climate & Energy program has shown that an orderly approach to phasing-out thermal coal would shield Australian workers, communities and the economy from the negative consequences of an unmanaged transition.
Climate & Energy Program
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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 transitions for workers in the industry (including to alternative jobs and/or support for early retirement), and equally strong and concrete measures to promote alternative sources of development and employment for regional communities dependent on coal mining.
The Australia Institute has been joined by energy and technology leaders in opposing proposed delays to energy market reforms, including the determination on ‘Five Minute Settlement’ (5MS).
The Australian Energy Market Commission (AEMC) is currently considering whether to delay the implementation of this important market modernisation measure by 12 months, from July 2021 to July 2022. Any delay will benefit incumbent coal generators and energy retailers.
A submission to the 'Delayed implementation of five minute and global settlement' rule change, which seeks to delay the implementation of five minute settlement (5MS) and global settlement (GS) by12 months, from July 2021 to July 2022.
The Australia Institute, Public Interest Advocacy Centre and Total Environment Centre today welcomed a ‘demand response’ reform of Australia’s electricity market that will improve reliability and reduce prices for consumers.
The groups also welcome the AEMC’s decision to maintain the early, 2021 implementation date for the rule which they had advocated for.
The three organisations, who led the charge for the reform, said they are disappointed the AEMC has closed the door on allowing households to participate in the mechanism.
Incumbent energy generators and retailers are attempting to use the COVID-19 pandemic to delay essential market reforms that would improve reliability, reduce emissions and put downward pressure on prices for Australian energy consumers, The Australia Institute has said.
Coal generators are pushing to delay important reforms that would make the National ElectricityMarket more reliable and efficient and help lower emissions. Speeding up NEM reform will help drive economic recovery, not delay it.
Welcome to the April 2020 issue of the NEEA Report, with data updated to the end of March2020. Data presented includes greenhouse gas emissions arising from: the generation of electricity in the National Electricity Market (NEM), the consumption of natural gas in eastern Australia (the area covered by the NEM), and the consumption of petroleum fuels throughout Australia.
This issue focusses on examining whether changes in either electricity or gas consumption resulting from the pandemic response and economic slow-down are as yet apparent. It also includes a new graph, showing the emissions embodied in LNG exported from Queensland.
While the COVID-19 pandemic response has led to massively reduced emissions by the transport sector, new research shows the same cannot be said for the electricity sector—which has only seen a slight decrease in emissions over the past month—confirming the need for strong structural and legislative reforms to reduce emissions in the electricity sector.
The Australia Institute Climate & Energy Program has released their latest National Energy Emissions Audit, analysing the electricity sector over the previous month.
Research published today (Tuesday May 12) by The Australia Institute highlights the extent of taxpayer assistance to the onshore oil and gas industry in the Northern Territory.
NT Government budget papers reveal that over the last decade $94 million in subsidies and assistance measures have benefited the industry.