Australia’s use of controversial Kyoto carbon credits to cut its Paris Agreement target in half completely undermines Pacific climate action.
Wholesale demand response brings benefits to consumers and reduces energy prices. A rule change currently being considered by the Australian Energy Market Commission is supported by a wide range of consumer groups, but opposed by incumbent energy companies. Demand response is being introduced in major markets such as the USA, EU and China, where similar patterns of support and opposition have been observed.
We thank the Natural Resource Commissioner for the thorough and forthright Draft Review of the Barwon-Darling Water Sharing Plan. We support all of the Commission’s recommendations.We raise two additional matters for the Commission’s consideration:
- Legality of the 2012 Barwon-Darling Water Sharing Plan
- Cap compliance
Welcome to the July 2019 issue of the NEEA Electricity Update, with data updated to the end of June 2019. The Electricity Update presents data on electricity demand, electricity supply,and electricity generation emissions in the National Electricity Market (NEM), plus electricitydemand in the South West Interconnected System (SWIS).
The economic benefit of the salmon industry to Tasmania is weighted strongly against its environmental and social impacts. Yet it accounts for just 1% of jobs in the state.
Over 5 years $3.8 billion worth of fish were sold, but just $64 million tax paid, while $9.3 million in subsidies were received in 2 years. Changing generous leasing arrangements to the Norwegian model could raise $2 billion for community development.
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.
Most Australians want 100% renewable energy, a stamp duty to land tax swap and pill testing at music festivals in their own state, new national polling from The Australia Institute shows.
A new report from The Australia Institute, authored by Bill Browne, shows that most of the Australian Capital Territory’s innovative policies have majority support across Australia.
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.
The income tax cut legislation to be introduced to Parliament this week is the largest single budgetary measure not to face a Senate Inquiry.
The Australia Institute is today releasing a proposed Terms of Reference for a potential Senate Inquiry and new analysis on the fiscal risks associated with the Stage 3 tax cuts.
“The income tax legislation is the largest single budget measure not to face a Senate Inquiry,” said Ben Oquist, Executive Director of the Australia Institute.
“Given Stage 3 does not come into effect for another five years, it would be wise for the Senate to take its time to consider their implications.
New Australia Institute analysis of the long term impacts of bracket creep shows that taxpayers are being over compensated for bracket creep at all income levels.
The government has used bracket creep as a key reason why it needs to implement its income tax cuts package as outlined in the 2019 Budget.