As Queensland’s Government and Opposition compete to sweeten deals for the coal industry, open-cut coal mines in Queensland already get up to 17% of their coal for free compared with similar mines in NSW. At average export prices over the past decade, the benefit to Adani’s mine would have been $223 million and $1.3bn to the Galilee Basin. Polling in both Queensland and NSW shows support for ending this subsidy.
Climate & Energy Program
Australia faces significant risks to national security, energy security and climate change mitigation, due to a heavy reliance on imported oil and access to only a limited amount of fuel at any one time, according to new analysis from the Australia Institute.
The new research finds that Australia is unprepared to deal with any potential fuel security crisis.
The Department of the Environment and Energy is conducting a Liquid Fuel Security review and public consultations on the Interim Report. This report is an edited version of The Australia Institute’s submission to that consultation.
The Interim Report outlines significant risks to Australia’s transport energy security. Addressing these security risks requires reducing oil consumption and accelerating the transition to electric vehicles.
The Public Interest Advocacy Centre, The Australia Institute and Total Environment Centre have today welcomed a draft rule by the Australian Energy Market Commission (the Commission) that will increase competition in the wholesale energy market, lower emissions and prevent blackouts.
The Australia Institute made a submission to Commonwealth Treasury’s Petroleum Resource Rent Tax Gas Transfer Pricing Review. Australians are being short changed by the LNG industry and the way it is taxed. A shift in the way the PRRT estimates transfer prices between a project’s upstream extraction and downstream liquefaction to ‘netback only’ pricing, could increase revenue by $89 billion between 2023 and 2050.
The Australia Institute made a submission on the proposed modification to the Ulan coal mine. Assessment of the proposal does not meet NSW guidelines and overstates potential benefits. It should be rejected on economic and climate grounds.
The Australia Institute made a submission to the NSW Independent Planning Commission’s May 2019 consideration of the United Wambo coal project. The latest assessment by Deloitte, commissioned by the mine proponents, confirms Australia Institute analysis that mine voids can be filled leaving a $139 million surplus, based on EIS figures.
This submission follows from The Australia Institute's February 2019 submission to the NSW Independent Planning Commission on the United Wambo coal mine proposal.
Australian energy companies and regulators claimthat introducing Time of Use pricing will benefitconsumers and move their consumption to timeswhen the network is less congested.
On closer examination, further adoption will impose increased costs on households and appears more likely to increase the profits of electricity companies than to assist consumers.
New research released today by The Australia Institute shows that ‘time of use pricing’ facilitated by smart meters is likely to drive up household energy costs.
Electricity companies and regulators have pushed for higher electricity prices at peak times, as well as higher ‘shoulder’ periods. In theory, this incentivises households to move their energy consumption to times of the day when it is cheaper for companies to provide it.
New research has revealed that despite Minister Angus Taylor’s claims that Australia’s total emissions are going down, Australia’s total emissions in the past year are likely to have increased, with Australia’s gas and coal industries the significant drivers of those rising emissions.
The Australia Institute Climate & Energy Program has released the latest National Energy Emissions Audit for the electricity sector, analysing the electricity sector over the previous month. The National Energy Emissions Audit is authored by renowned energy expert, Dr Hugh Saddler.