What you will find on this page: LATEST NEWS; Fossil fuel emissions have stalled; Analysis: Record surge of clean energy in 2024 halts China’s CO2 rise; does the world need hydrogen?; Mapped: global coal trade; Complexity of energy systems (maps); Mapped: Germany’s energy sources (interactive access); Power to the people (video); Unburnable Carbon (report); Stern Commission Review; Garnaut reports; live generation data; fossil fuel subsidies; divestment; how to run a divestment campaign guide; local council divestment guide; US coal plant retirement; oil conventional & unconventional; CSG battle in Australia (videos); CSG battle in Victoria; leasing maps for Victoria; coal projects Victoria
Huge task to decarbonise
Source: Australian Delegation presentation to international forum held in Bonn in May 2012
Latest News 3 January Jeremy Leggett Blog, State of The Transition: As fossil fuel diehards take over The White House, the evidence of a fast-moving global energy transition has never been clearer. As captains of the fossil fuel industries and their lobbyists prepare to take over the White House – appointed by a President elected by a minority, claiming to represent the people on an anti-elite ticket yet possessing by far the highest cumulative wealth of any cabinet ever – they will face evidence breaking out all around them of a fast-moving global energy transition threatening to strand the fossil fuels they seek to boost. “World energy hits a turning point”, a Bloomberg headline read on 16th December. “Solar power, for the first time, is becoming the cheapest form of new electricity,” the article marvelled. Analysis of the average cost of new wind and solar in 58 emerging-market economies – including China, India, and Brazil – showed solar at $1.65 million per megawatt and wind at $1.66. Google leads the giant corporations eagerly going with this flow. The largest corporate buyer of renewable energy announced on 6th December that it expects to hit its target of 100% renewable power in, wait for it, 2017. Google is a huge consumer of power, and going solar means deep emissions cuts, especially when solar infrastructure is hooked up with all the digital efficiency-enhancement fandangoes that Silicon Valley giants are zeroing in on in the fast emerging era of artificial intelligence in an internet of things. Read More here 16 December 2016, The Conversation, Full response from Craig Kelly. In relation to this FactCheck on electricity prices, Liberal MP Craig Kelly sent the following comments and sources to support his statement: Firstly, RenewEconomy – a pro renewable energy website. They quote prices (in US cents per kilowatt hour) in the USA at 12 cents per kilowatt hour and Australia at 29 cents – so on their numbers it’s actually closer to 2.4 times higher rather than double. These costs are described as “average national electricity prices” which I’d take as both businesses and households. However, I’d note that these figures can bounce around a bit subject to exchange rate fluctuations. Secondly, a report titled Electricity Prices in Australia: An International Comparison by CME (an energy economics consultancy focused on Australian electricity, gas and renewables markets) concludes: “In 2011/12 average household electricity prices in Australia (just under 25 cents/kWh) were 12% higher than average prices in Japan, 33% higher than the EU, 122% higher than the US.” Read More here 16 December 2016, The Conversation, FactCheck: Are Australians paying twice as much for electricity as Americans? Business here and households here, already we’re paying twice the cost of the US for electricity. – Craig Kelly MP, chair of the backbench environment and energy committee, ABC Radio National Breakfast interview, December 6, 2016. (Listen from 7.38). Environment and energy minister Josh Frydenberg recently left open the possibility of some form of carbon trading in the electricity sector. He later ruled out that option, saying he wanted to keep electricity prices down. Following Frydenberg’s initial comments, Liberal MP Craig Kelly said businesses and households in Australia are already paying twice as much as Americans for their electricity. Is that true? Read More here 13 December 2016, Carbon Brief, Some 33 US states have cut CO2 emissions while growing their economies over the past 15 years, according to new analysis from the Brookings Institution. These states show that economic growth can be compatible with tackling climate change. The US as a whole is one of at least 35 countries around the world to have achieved the same feat, by decoupling GDP growth and CO2 emissions between 2000 and 2014. “This success is an encouraging juncture in the campaign to limit global warming, and would seem to license cautious optimism,” write Devashree Saha and Mark Muro, the authors of the new research from the Brookings Institution’s Metropolitan Policy Program. “Yet now all of that is in question. With the stunning election of Donald Trump to the presidency, every aspect of the low-carbon paradigm for national and world progress has been thrown into doubt.” If the US federal government turns its back on climate mitigation, can individual sub-national bodies step up their own efforts? The authors explain: “Given their substantial powers to encourage emissions decoupling, states and cities are crucial players in the carbon drama. Therefore, it is worth assessing whether states’ and localities’ momentum on decoupling is strong enough to maintain recent progress.” For more discussion of the debate around decoupling, check out this recent Carbon Brief article. For more on changes in US states and the factors behind their varied progress, check out the full Brookings Institution analysis. Read More here 4 March 2019, Renew Economy, Scientists slap down Australia government over fake climate claims. Perhaps it was federal energy minister Angus Taylor repeatedly declaring on Sunday’s ABC Insiders program that national emissions were “coming down,” and that Australia would meet its Paris climate targets “in a canter.” Perhaps it was the looming federal election and a feeling that now, more than ever, our most senior politicians should be held to account for what they say about such globally significant issues as climate change. Perhaps it is because at the close of Australia’s hottest summer on record, Victoria is now burning through its hottest start to autumn in 30 years. Whatever the trigger, the nation’s leading climate and energy experts have had enough. A group of 28 climate scientists, academics and former heads of energy companies on Monday released a joint statement to correct the record, and remove any ambiguity on the subject: – Australia is NOT on track to meet its 2030 emissions reduction target; – Even if it was (it’s not), the target itself is woefully inadequate for what science says must be done to avert dangerous climate change. Read more here 25 February 2019, Renew Economy, Morrison puts lipstick on Tony Abbott’s pig of a climate policy. Prime minister Scott Morrison has finally unveiled his climate policy and it is clearly designed to do two things: Placate the core rump of climate deniers and ideologues within his own party and the conservative media, and try to fool enough others that the Coalition is doing something to address a problem it barely admits exists, or worth doing anything about. The $2 billion funding over 10 years for emissions reduction projects shows that the Coalition’s climate policy and commitment has barely moved in a decade. Tony Abbott’s Direct Action funnelled more money in less than half the time – even if the emissions benefits of many of the projects funded are questionable and being questioned. But Morrison, even as Australia lags ever further behind its modest commitments to Paris, and as the warning signs over climate change grow every stark, is putting on lipstick on a pig of a policy. He has rebadged Direct Action and called it “Climate Solutions”. It is clearly anything but. It remains, to borrow former prime minister Malcolm Turnbull first assessment, a fig leaf of a climate plan, and a shrunken one at that. Morrison’s game plan is to hope that the huge carry-over of credits created by Australia’s cynical game playing at Kyoto more than two decades ago, and the reductions from the renewables boom that it can barely stomach, will be enough to get Australia over the line of its initial Paris commitment. If he cares. Read more here 8 February 2019, Renew Economy, NSW coal mine ruled out due to climate change, in landmark court decision. Australia’s coal-lump caressing prime minister won’t speak its name, but a NSW judge has cited climate change in a landmark ruling on Friday, blocking plans to develop an open-cut coal mine in the state’s Hunter Valley region. Chief judge Brian Preston dismissed an appeal by Gloucester Resources, which was seeking – via the NSW Land and Environment Court – to overturn the state government’s rejection of the Rocky Hill mine, proposed for around 1km from a retirement community. The NSW Department of Planning rejected the development application of the Gloucester Resources project in October 2017, citing the impact it would have on the nearby town, its people and amenity, but not mentioning climate. In delivering his judgment, Preston – who co-founded the NSW Environmental Defenders Office – said that an open-cut coal mine in the Gloucester Valley “would be in the wrong place at the wrong time”. Read more here 17 January 2019, DESMOGUK, Climate Change High on Agenda at Davos Summit Despite Privileged Access For Fossil Fuel Industry. As the world’s rich and powerful gather in Davos for the World Economic Forum (WEF), the threats to the global economy caused by environmental disasters and climate change are set to be high on the agenda. Attended by David Attenborough, 15-year-old school strike activist Greta Thunberg and Bank of England Governor Mark Carney, this year’s WEF conference will hear from influential voices which have repeatedly warned that time for world leaders to address climate change is running out. But the fossil fuel industry continues to be a guest of honour at the meeting, with some of the world’s largest oil, gas and mining companies having a say in shaping the forum’s agenda and sitting on the conference’s front bench as “strategic partners”. Here’s a run down of what to watch. Read more here 19 March 2024, Gavin Schmidt, NATURE: Climate models can’t explain 2023’s huge heat anomaly — we could be in uncharted territory. Taking into account all known factors, the planet warmed 0.2 °C more last year than climate scientists expected. More and better data are urgently needed. When I took over as the director of NASA’s Goddard Institute for Space Studies, I inherited a project that tracks temperature changes since 1880. Using this trove of data, I’ve made climate predictions at the start of every year since 2016. It’s humbling, and a bit worrying, to admit that no year has confounded climate scientists’ predictive capabilities more than 2023 has. For the past nine months, mean land and sea surface temperatures have overshot previous records each month by up to 0.2 °C — a huge margin at the planetary scale. A general warming trend is expected because of rising greenhouse-gas emissions, but this sudden heat spike greatly exceeds predictions made by statistical climate models that rely on past observations. Many reasons for this discrepancy have been proposed but, as yet, no combination of them has been able to reconcile our theories with what has happened. For a start, prevalent global climate conditions one year ago would have suggested that a spell of record-setting warmth was unlikely. Early last year, the tropical Pacific Ocean was coming out of a three-year period of La Niña, a climate phenomenon associated with the relative cooling of the central and eastern Pacific Ocean. Drawing on precedents when similar conditions prevailed at the beginning of a year, several climate scientists, including me, put the odds of 2023 turning out to be a record warm year at just one in five. El Niño — the inverse of La Niña — causes the eastern tropical Pacific Ocean to warm up. This weather pattern set in only in the second half of the year, and the current spell is milder than similar events in 1997–98 and 2015–16. However, starting last March, sea surface temperatures in the North Atlantic Ocean began to shoot up. By June, the extent of sea ice around Antarctica was by far the lowest on record. Compared with the average ice cover between 1981 and 2010, a patch of sea ice roughly the size of Alaska was missing. The observed temperature anomaly has not only been much larger than expected, but also started showing up several months before the onset of El Niño. So, what might have caused this heat spike? Read more here 9 March 2024, The Conversation: The Great Barrier Reef’s latest bout of bleaching is the fifth in eight summers – the corals now have almost no reprieve. For the fifth time in just the past eight summers – 2016, 2017, 2020, 2022 and now 2024 – huge swathes of the Great Barrier Reef are experiencing extreme heat stress that has triggered yet another episode of mass coral bleaching. Including two earlier heating episodes – in 1998 (which was at the time the hottest year globally on record) and 2002 – this brings the tally to seven such extreme events in the past 26 years. The most conspicuous impact of unusually high temperatures on tropical and subtropical reefs is wide-scale coral bleaching and death. Sharp spikes in temperature can destroy coral tissue directly even before bleaching unfolds. Consequently, if temperatures exceed 2°C above the normal summer maximum, heat-sensitive corals die very quickly. … This latest, still-unfolding event was entirely predictable, as ocean temperatures continue to rise due to global heating. Three of the seven mass bleaching events so far on the Great Barrier Reef coincided with El Niño conditions (1998, 2016 and this summer), and the remaining four did not. Increasingly, climate-driven coral bleaching and death is happening regardless of whether we are in an El Niño or La Niña phase. Average tropical sea surface temperatures are already warmer today under La Niña conditions than they were during El Niño events only three or four decades ago. The Great Barrier Reef is now a chequerboard of reefs with different recent histories of coral bleaching. Reefs that bleached in 2017 or 2016 have had only five or six years to recover before being hit again this summer – assuming they escaped bleaching during the 2020 and 2022 episodes. Attempts to restore depleted coral cover through coral gardening, assisted migration (by harvesting larvae) and assisted evolution (rearing corals in an aquarium) are prohibitively expensive and unworkable at any meaningful scale. In Florida, coral nurseries suffered mass deaths due to record sea temperatures last summer. The only long-term way to protect corals on the Great Barrier Reef and elsewhere is to rapidly reduce global greenhouse emissions. Read more here 28 February 2024, BIEN: New article about the effort to ban basic income pilots in the U.S. and who’s behind it. The Foundation for Government Accountability – a Florida-based lobbying group backed by the richest 1% – is working to get basic income experiments banned by state legislators across the U.S. As a well-known quote often wrongly attributed to Mahatma Ghandi says, “First they ignore you, then they laugh at you, then they fight you, then you win.” As of 2024, the basic income movement in the United States is now firmly in the “then they fight you” stage thanks to a slew of bills introduced in state after state that are all attempting to ban the basic income experiments that have spread across the country. Over 150 guaranteed basic income pilots are now ongoing or recently completed in 24 states as of this writing, and so far, bills in seven states have been introduced to stop them. All of the bills are the result of efforts by the Foundation for Government Accountability (FGA) – a lobbying group with a billionaire-fueled junk science record every American should know about. …. Read more here 6 February 2024, The conversation: Dangerous climate tipping points will affect Australia. The risks are real and cannot be ignored. n 2023, we saw a raft of news stories about climate tipping points, including the accelerating loss of Greenland and Antarctic ice sheets, the potential dieback of the Amazon rainforest and the likely weakening of the Atlantic Meridional Ocean Circulation. The ice sheets, Amazon rainforest and the Atlantic ocean circulation are among nine recognised global climate tipping elements. Once a tipping point is crossed, changes are often irreversible for a very long time. In many cases, additional greenhouse gases will be released into the atmosphere, further warming our planet. New scientific research and reviews suggest at least one of Earth’s “tipping points” could be closer than we hoped. A milestone review of global tipping points was launched at last year’s COP28. What will these tipping points mean for Australia? We don’t yet have a good enough understanding to fully answer this question. Our report, released overnight, includes conclusions in three categories: we need to do more research; tipping points must be part of climate projections, hazard and impact analyses; and adaptation plans must take the potential impacts into account. What are climate tipping points? Climate scientists have known for a while, through paleoclimate records and other evidence, that there are “tipping elements” in the climate system. These elements can undergo an abrupt change in state, which becomes self-perpetuating and irreversible for a very long time. An example is the loss of Greenland ice. Once ice is lost, climate feedbacks lead to further loss, and major ice loss becomes “committed”. It becomes unlikely the ice sheet will reform for tens of thousands of years and only if the climate cools again. Read more here 27 January 2025, Carbon Brief: A record surge of clean energy kept China’s carbon dioxide (CO2) emissions below the previous year’s levels in the last 10 months of 2024. However, the new analysis for Carbon Brief, based on official figures and commercial data, shows the tail end of China’s rebound from zero-Covid in January and February, combined with abnormally high growth in energy demand, stopped CO2 emissions falling in 2024 overall. While China’s CO2 output in 2024 grew by an estimated 0.8% year-on-year, emissions were lower than in the 12 months to February 2024. Other key findings of the analysis include: As ever, the latest analysis shows that policy decisions made in 2025 will strongly affect China’s emissions trajectory in the coming years. In particular, both China’s new commitments under the Paris Agreement and the country’s next five-year plan are being prepared in 2025. Read More Here 3 November 2020, Carbon Brief: Hydrogen gas has long been recognised as an alternative to fossil fuels and a potentially valuable tool for tackling climate change. Now, as nations come forward with net-zero strategies to align with their international climate targets, hydrogen has once again risen up the agenda from Australia and the UK through to Germany and Japan. In the most optimistic outlooks, hydrogen could soon power trucks, planes and ships. It could heat homes, balance electricity grids and help heavy industry to make everything from steel to cement. But doing all these things with hydrogen would require staggering quantities of the fuel, which is only as clean as the methods used to produce it. Moreover, for every potentially transformative application of hydrogen, there are unique challenges that must be overcome. In this in-depth Q&A – which includes a range of infographics, maps and interactive charts, as well as the views of dozens of experts – Carbon Brief examines the big questions around the “hydrogen economy” and looks at the extent to which it could help the world avoid dangerous climate change. Access full article here Fossil fuel emissions have stalled 14 November 2016, The Conversation, Fossil fuel emissions have stalled: Global Carbon Budget 2016. For the third year in a row, global carbon dioxide emissions from fossil fuels and industry have barely grown, while the global economy has continued to grow strongly. This level of decoupling of carbon emissions from global economic growth is unprecedented.Global CO₂ emissions from the combustion of fossil fuels and industry (including cement production) were 36.3 billion tonnes in 2015, the same as in 2014, and are projected to rise by only 0.2% in 2016 to reach 36.4 billion tonnes. This is a remarkable departure from emissions growth rates of 2.3% for the previous decade, and more than 3% during the 2000’s. Read More here Do you want to understand the complexity of energy systems which support our high consumption lifestyles? Most people don’t give too much thought to where their electricity comes from. Flip a switch, and the lights go on. That’s all. The origins of that energy, or how it actually got into our homes, is generally hidden from view. This link will take you to 11 maps which explain energy in America (it is typical enough as an example of a similar lifestyle as Australia – when I find maps for Oz I’ll add them in) e.g. above map showing the coal plants in the US. Source: Vox Explainers Mapped: how Germany generates its electricity – another example Power to the People – Lock the Gate looks back at the wins of 2015 And there’s lots more coming up in 2016. Some of the big priorities coming up next for the “Lock the Gate” movement are: If you want to give “Lock the Gate” your support – go here for more info This new report reveals that the pollution from Australia’s coal resources, particularly the enormous Galilee coal basin, could take us two-thirds of the way to a two degree rise in global temperature. To Read More and download report The 2006 UK government commissioned Stern Commission Review on the Economics of Climate Change is still the best complete appraisal of global climate change economics. The review broke new ground on climate change assessment in a number of ways. It made headlines by concluding that avoiding global climate change catastrophe was almost beyond our grasp. It also found that the costs of ignoring global climate change could be as great as the Great Depression and the two World Wars combined. The review was (still is) in fact a very good assessment of global climate change, which inferred in 2006 that the situation was a global emergency. Read More here The Garnaut Climate Change Review was commissioned by the Commonwealth, state and territory governments in 2007 to conduct an independent study of the impacts of climate change on the Australian economy. Prof. Garnaut presented The Garnaut Climate Change Review: Final Report to the Australian Prime Minister, Premiers and Chief Ministers in September 2008 in which he examined how Australia was likely to be affected by climate change, and suggested policy responses. In November 2010, he was commissioned by the Australian Government to provide an update to the 2008 Review. In particular, he was asked to examine whether significant changes had occurred that would affect the analysis and recommendations from 2008. The final report was presented May 2011. Since then the Professor has regularly participated in the debate of fossil fuel reduction, as per his latest below: To access his reports; interviews; submissions go here 27 May 2015, Renew Economy, Garnaut: Cost of stranded assets already bigger than cost of climate action. This is one carbon budget that Australia has already blown. Economist and climate change advisor Professor Ross Garnaut has delivered a withering critique of Australia’s economic policies and investment patterns, saying the cost of misguided over-investment in the recent mining boom would likely outweigh the cost of climate action over the next few decades. Read More here Live generation of electricity by fuel type Fossil Fuel Subsidies – The Age of entitlement continues 24 June 2014, Renew Economy, Age of entitlement has not ended for fossil fuels: A new report from The Australia Institute exposes the massive scale of state government assistance, totalling $17.6 billion over a six-year period, not including significant Federal government support and subsidies. Queensland taxpayers are providing the greatest assistance by far with a total of $9.5 billion, followed by Western Australia at $6.2 billion. The table shows almost $18 billion dollars has been spent over the past 6 years by state governments, supporting some of Australia’s biggest, most profitable industries, which are sending most of the profits offshore. That’s $18 billion dollars that could have gone to vital public services such as hospitals, schools and emergency services. State governments are usually associated with the provision of essential services like health and education so it will shock taxpayers to learn of the massive scale of government handouts to the minerals and fossil fuel industries. This report shows that Australian taxpayers have been misled about the costs and benefits of this industry, which we can now see are grossly disproportionate. Each state provides millions of dollars’ worth of assistance to the mining industry every year, with the big mining states of Queensland and Western Australia routinely spending over one billion dollars in assistance annually. Read More here – access full report here What is fossil fuel divestment? Local Governments ready to divest Aligning Council Money With Council Values A Guide To Ensuring Council Money Isn’t Funding Climate Change. 350.org Australia – with the help of the incredible team at Earth Hour – has pulled together a simple 3-step guide for local governments interested in divestment. The movement to align council money with council values is constantly growing in Australia. It complements the existing work that councils are doing to shape a safe climate future. It can also help to reshape the funding practices of Australia’s fossil fuel funding banks. The steps are simple. The impact is huge.The guide can also be used by local groups who are interested in supporting their local government to divest as a step-by-step reference point. Access guide here How coal is staying in the ground in the US Sierra Club Beyond Coal Campaign May 2015, Politico, Michael Grunwald: The war on coal is not just political rhetoric, or a paranoid fantasy concocted by rapacious polluters. It’s real and it’s relentless. Over the past five years, it has killed a coal-fired power plant every 10 days. It has quietly transformed the U.S. electric grid and the global climate debate. The industry and its supporters use “war on coal” as shorthand for a ferocious assault by a hostile White House, but the real war on coal is not primarily an Obama war, or even a Washington war. It’s a guerrilla war. The front lines are not at the Environmental Protection Agency or the Supreme Court. If you want to see how the fossil fuel that once powered most of the country is being battered by enemy forces, you have to watch state and local hearings where utility commissions and other obscure governing bodies debate individual coal plants. You probably won’t find much drama. You’ll definitely find lawyers from the Sierra Club’s Beyond Coal campaign, the boots on the ground in the war on coal. Read More here Oil – conventional & unconventional May 2015, Oil change International Report: On the Edge: 1.6 Million Barrels per Day of Proposed Tar Sands Oil on Life Support. The Canadian tar sands is among the most carbon-intensive, highest-cost sources of oil in the world. Even prior to the precipitous drop in global oil prices late last year, three major projects were cancelled in the sector with companies unable to chart a profitable path forward. Since the collapse in global oil prices, the sector has been under pressure to make further cuts, leading to substantial budget cuts, job losses, and a much more bearish outlook on expansion projections in the coming years. Read full report here. For summary of report USA Sierra Club Beyond Oil Campaign Coal Seam Gas battle in Australia Lock the Gate Alliance is a national coalition of people from across Australia, including farmers, traditional custodians, conservationists and urban residents, who are uniting to protect our common heritage – our land, water and communities – from unsafe or inappropriate mining for coal seam gas and other fossil fuels. Read more about the missions and principles of Lock the Gate. Access more Lock the Gate videos here. Access Lock the Gate fact sheets here 2014: Parliament of Victoria Research Paper: Unconventional Gas: Coal Seam Gas, Shale Gas and Tight Gas: This Research Paper provides an introduction and overview of issues relevant to the development of unconventional gas – coal seam, shale and tight gas – in the Australian and specifically Victorian context. At present, the Victorian unconventional gas industry is at a very early stage. It is not yet known whether there is any coal seam gas or shale gas in Victoria and, if there is, whether it would be economically viable to extract it. A moratorium on fracking has been in place in Victoria since August 2012 while more information is gathered on potential environmental risks posed by the industry. The parts of Victoria with the highest potential for unconventional gas are the Gippsland and Otway basins. Notably, tight gas has been located near Seaspray in Gippsland but is not yet being produced. There is a high level of community concern in regard to the potential impact an unconventional gas industry could have on agriculture in the Gippsland and Otway regions. Industry proponents, however, assert that conventional gas resources are declining and Victoria’s unconventional gas resources need to be ascertained and developed. Read More here 28 January 2015, ABC News, Coal seam gas exploration: Victoria’s fracking ban to remain as Parliament probes regulations: A ban on coal seam gas (CSG) exploration will stay in place in Victoria until a parliamentary inquiry hands down its findings, the State Government has promised. There is a moratorium on the controversial mining technique, known as fracking, until the middle of 2015. The Napthine government conducted a review into CSG, headed by former Howard government minister Peter Reith, which recommended regulations around fracking be relaxed. Labor was critical of the review, claiming it failed to consult with farmers, environmental scientists and local communities. Read more here Keep up to date and how you can be involved here Friends of the Earth Melbourne Coal & Gas Free Victoria 20 May 2015, FoE, Inquiry into Unconventional Gas: Check here for details on the Victorian government’s Inquiry into unconventional gas. The public hearings have not yet started, however the Terms of Reference have been released. The state government’s promised Inquiry into Unconventional Gas has now been formally announced, with broad terms of reference (TOR). FoE’s response to the TOR is available here. The Upper House Environment and Planning Committee will manage the Inquiry. You can find the Inquiry website here. The final TOR will be determined by the committee. Significantly, it is a cross party committee. The Chair is a Liberal (David Davis), and there is one National (Melinda Bath), one Green (Samantha Dunn), three from the ALP (Gayle Tierney, Harriet Shing, Shaun Leane), an additional MP from the Liberals (Richard Dalla-Riva), and one MP from the Shooters Party (Daniel Young). Work started by the previous government, into water tables and the community consultation process run by the Primary Agency, will be released as part of the inquiry.The moratorium on unconventional gas exploration will stay in place until the inquiry delivers its findings. The interim report is due in September and the final report by December. There is the possibility that the committee will amend this timeline if they are overwhelmed with submissions or information. Parliament will then need to consider the recommendations of the committee and make a final decision about how to proceed. This is likely to happen when parliament resumes after the summer break, in early 2016. Quit Coal is a Melbourne-based collective that campaigns against the expansion of the coal and unconventional gas industries in Victoria. Quit Coal uses a range of tactics to tackle this problem. We advise the broader Victorian community about plans for new coal and unconventional gas projects, we put pressure on our government to stop investing in these projects, and we help to inform and mobilise Victorian communities so they can campaign on their own behalf. We focus on being strategic, creative, and as much as possible, fun! The above screen shot is of the Victorian State government’s Mining Licences Near Me site. Go to this link to see what is happening in your area Environment Victoria’s campaign CoalWatch is an interactive resource that tracks the coal industry’s expansion plans and helps builds a movement to stop these polluting developments. CoalWatch provides a way for everyday Victorians to keep track of the coal industry’s ambitious expansion plans. To check what tax-payer money has been pledged to brown coal projects and the coal projects industry is spruiking to our politicians. Here’s another map via EV website (go to their website and you should be able to get better detail from Google Maps: Red areas: Exploration licences (EL). These areas are held by companies to undertake exploration activity. A small bond is held by government in case of any damage. If a company wants to progress the project it needs to obtain a mining licence. Exploration Licence applications are marked with an asterix in the Places Index eg. EL4684*. Yellow areas: Mining Licences (MIN). A mining licence is granted with the expectation that mining will occur. A larger bond is paid to government. Green areas: Exploration licences that have been withdrawn or altered due to community concern. Green outline: Existing mines within Mining Licences. Purple areas: Geological Carbon Storage Exploration areas for carbon capture and storage. On-shore areas have been released by the State Government, while off-shore areas have been released by the Federal Government. The Coal Watch wiki tracks current and future Victorian coal projects, whether they are power stations, coal mines, proposals to export coal or some other inventive way of burning more coal. To get the full picture of coal in Victoria visit our wiki page. Get more info and see the full list of Exploration Licences current at 17 August 2012 here August 2015, Institute for Energy Economics & Financial Analysis – powerpoint: Changing Dynamics in the Global Seaborne Thermal Coal Markets and Stranded Asset Risk. Information from one of the slides follows. To view full presentation go here Economic Implications for Australia 83% of Australian coal mines are foreign owned, hence direct leverage of fossil fuels to the ASX is relatively small at 1-2%. However, for Australia the exposure is high, time is needed for transition and the new industry opportunities are significant: 1. Energy Infrastructure: Australia spends $5-10bn pa on electricity / grid sector, much of it a regulated asset base that all ratepayers fund much of it stranded. BNEF estimate of Australia’s renewable energy infrastructure investment for 2015-2020 was cut 30% from A$20bn post RET. Lost opportunities. 2. Direct employment: The ABS shows a fall of ~20k from the 2012 peak of 70K from coal mining across Australia, and cuts are ongoing. Indirect employment material. 3. Terms of trade: BZE estimates the collapse in the pricing of iron ore, coal and LNG cuts A$100bn pa from Australia’s export revenues by 2030, a halving relative to government budget estimates of 2013/14. Coal was 25% of NSW’s total A$ value of exports in 2013/14 (38% of Qld). Australia will be #1 globally in LNG by 2018. 4. The financial sector: is leveraged to mining and associated rail port infrastructure. WICET 80% financed by banks, mostly Australian. Adani’s Abbot Point Port is foreign owned, but A$1.2bn of Australian sourced debt. Insurance firms and infrastructure funds are leveraged to fossil fuels vs little RE infrastructure assets. BBY! 5. Rehabilitation: $18bn of unfunded coal mining rehabilitation across Australia. 6. Economic growth: curtailed as Australia fails to develop low carbon industries. Analysis: Record surge of clean energy in 2024 halts China’s CO2 rise
In-depth Q&A: Does the world need hydrogen to solve climate change?
3 May 2016, Carbon Brief, The global coal trade doubled in the decade to 2012 as a coal-fueled boom took hold in Asia. Now, the coal trade seems to have stalled, or even gone into reverse. This change of fortune has devastated the coal mining industry, with Peabody – the world’s largest private coal-mining company – the latest of 50 US firms to file for bankruptcy. It could also be a turning point for the climate, with the continued burning of coal the biggest difference between business-as-usual emissions and avoiding dangerous climate change. Carbon Brief has produced a series of maps and interactive charts to show how the global coal trade is changing. As well as providing a global overview, we focus on a few key countries: Read More here/cdn0.vox-cdn.com/uploads/chorus_asset/file/3915730/EIA%20coal%20power%20plants.png)
21 April 2015, Climate Council, Will Steffen: Unburnable Carbon: Why we need to leave fossil fuels in the ground.Stern Commission Review
Australia’s Garnaut Review
November 2014 – The Fossil Fuel Bailout: G20 subsidies for oil, gas and coal exploration report: Governments across the G20 countries are estimated to be spending $88 billion every year subsidising exploration for fossil fuels. Their exploration subsidies marry bad economics with potentially disastrous consequences for climate change. In effect, governments are propping up the development of oil, gas and coal reserves that cannot be exploited if the world is to avoid dangerous climate change. This report documents, for the first time, the scale and structure of fossil fuel exploration subsidies in the G20 countries. The evidence points to a publicly financed bailout for carbon-intensive companies, and support for uneconomic investments that could drive the planet far beyond the internationally agreed target of limiting global temperature increases to no more than 2ºC. It finds that, by providing subsidies for fossil fuel exploration, the G20 countries are creating a ‘triple-lose’ scenario. They are directing large volumes of finance into high-carbon assets that cannot be exploited without catastrophic climate effects. They are diverting investment from economic low-carbon alternatives such as solar, wind and hydro-power. And they are undermining the prospects for an ambitious climate deal in 2015. Access full report here For the summary on Australia’s susidisation of it’s fossil fuel industry go to page 51 of the report. The report said that the United States and Australia paid the highest level of national subsidies for exploration in the form of direct spending or tax breaks. Overall, G20 country spending on national subsidies was $23 billion. In Australia, this includes exploration funding for Geoscience Australia and tax deductions for mining and petroleum exploration. The report also classifies the Federal Government’s fuel rebate program for resources companies as a subsidy.
