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 22 August 2016, Renew Economy, Gas bubble looms as energy ministers baulk at zero emissions target. State and federal energy ministers hailed progress they made in their COAG Energy Council summit late last week, but they may have condemned Australia to another great big investment bubble – this time in gas infrastructure. The meeting of ministers – brought forward by the apparent energy “crisis” in South Australia – resulted in a couple of promising steps that may help contain price surges of the type seen in recent months, but it seems to have ducked action on the critical issues. On the plus side, there is the creation of two new gas trading hubs that might improve transparency into a notoriously opaque market, and the potential for a new electricity inter-connector linking NSW and South Australia to be bought forward. But elsewhere, not a lot of tangible progress was made. The ministers baulked at calls to write zero net carbon emissions into the electricity market goals, despite that being implicit in the Paris climate goals that Australia has signed up to.And if the energy ministers did avoid turning the meeting into an anti-renewable jihad – as they were lobbied to do and might have been tempted under a previous federal energy minister – they did come face to face with some of the significant barriers to the rapid transition to a low emissions grid that they profess to support. One such example came from the Australian Energy Market Operator, whose chairman Anthony Marxsen stunned the audience on Friday when he suggested during a presentation that battery storage technology could be up to 20 years away from making a commercial contribution. Some dismissed this as garbage and a plug for the gas industry. AEMO is 40 per cent owned by industry “players”. Another is the painfully slow progress from the main policy maker, the Australian Energy Market Commission, which has been dragging out crucial rule changes most people believe are essential to moving to new technologies. Read more here 2 August 2016, Renew Economy, South Australia takes on networks over soaring grid charges. The South Australia government has decided to take on the monopoly electricity network operator in the state as it continues its campaign against the market dominance of the powerful energy oligopoly, and their ability to pass on huge price increases to consumers that are often blamed on wind and solar. Network costs in South Australia – like most of the country – account for more than half the average household bill. Consumers were hoping to get some relief after the Australian Energy Regulator knocked back some of the planned spending by SA Power Networks, but its ruling is now being challenged in court. Energy minister Tom Koutsantonis says he will send a senior public servant to appear before the Australian Competition Tribunal this week, accusing SAPN of “cherry picking” individual spending decisions from the AER in the hope of boosting its overall spending allowance. It’s a crucial intervention by the state government, and comes amid huge public controversy over its ambitious renewable energy plans, and the already high penetration of wind and solar that could reach 50 per cent by the end of the year. Recent high wholesale electricity prices have been blamed by many in the Coalition, and the Murdoch media, on the state’s reliance on renewables, even though most independent analysts and market regulators blame soaring gas prices, grid constraints, and other factors. South Australia has long had the highest electricity prices in the country, a point underlined by federal energy minister Josh Frydenberg last week, who also pointed out that the recent spikes in wholesale prices used to be a regular event even before the build out of large wind farms and rooftop solar. Read More here 28 July 2016, Renew Economy, Energy minister right on renewables and climate, wrong on gas. The new energy and resources minister Josh Frydenberg has indicated a significant shift in energy policy for the Coalition. He correctly notes that renewables alone are not to blame for recent high electricity prices in South Australia. Unlike the new federal minister for resources, Matthew Canavan, Mr Frydenberg accepts mainstream climate science and the fact that humanities actions are driving global warming. He says that we need a diversified energy mix, that the national Renewable Energy Target (RET) is ‘set in stone’ – which will stabilise the investment environment for renewables, and has ruled out further tax payer subsidies for fossil fuel generation. These moves are all to be welcomed. And while Frydenberg is a long standing supporter of nuclear power, he acknowledges that our country should not move towards domestic use of uranium unless there is ‘bipartisan support’. It is difficult to imagine the majority of Australians would ever support a domestic nuclear reactor. However, Frydenberg is profoundly out of step with the community in calling for an end to the current moratoriums on unconventional gas. In Victoria, 73 regional communities have declared themselves ‘gasfield free’. While these declarations have no legal standing, they indicate deep seated opposition to fracking and drilling by communities. Most of the declared areas are in Coalition held seats and advocacy by the federal minister for state governments to lift the ban will damage the Coalition’s credibility in its core consistency. Further, with a well managed national electricity grid and diversity of renewable sources plus enhanced use of storage technologies (including existing hydro dams) gas is not needed as back up for wind and solar. The argument that gas is a bridging and back-up fuel is out dated. We now have 21st century renewable technology which can meet our electricity needs. Read More here 25 July 2016, IOP SCience: Readily implementable techniques can cut annual CO2 emissions from the production of concrete by over 20%. Due to its prevalence in modern infrastructure, concrete is experiencing the most rapid increase in consumption among globally common structural materials; however, the production of concrete results in approximately 8.6% of all anthropogenic CO2 emissions. Many methods have been developed to reduce the greenhouse gas emissions associated with the production of concrete. These methods range from the replacement of inefficient manufacturing equipment to alternative binders and the use of breakthrough technologies; nevertheless, many of these methods have barriers to implementation. In this research, we examine the extent to which the increased use of several currently implemented methods can reduce the greenhouse gas emissions in concrete material production without requiring new technologies, changes in production, or novel material use. This research shows that, through increased use of common supplementary cementitious materials, appropriate selection of proportions for cement replacement, and increased concrete design age, 24% of greenhouse gas emissions from global concrete production or 650 million tonnes (Mt) CO2-eq can be eliminated annually. Research Paper: Read More here 21 May 2018, Renew Economy. AGL rejects Alinta bid for Liddell, Coalition goes nuts. AGL Energy has – as expected – firmly rejected a bid from Alinta Energy and its Chinese owner Chow Tai Fook Enterprises to buy the ageing and decrepit Liddell coal generator in New south Wales, despite intense pressure from the Coalition government to do so. In a statement on Monday, AGL described the $250 million Alinta offer as an “unsolicited, non-binding, highly conditional indicative offer” – and most observers would say highly opportunistic, inadequate and unrealistic too. AGL came to the same conclusion on the latter, saying the proposal significantly undervalued the value of Liddell and the site it operates. It told them they’re dreaming. “AGL has completed a thorough assessment of the Offer and, after careful consideration, has advised Chow Tai Fook and Alinta that it will not proceed any further with the Offer,” the company said in a statement. “The AGL Board has determined that the offer is not in the best interests of AGL or its shareholders. The offer significantly undervalues future cash flows to AGL of operating the Liddell Power Station until 2022 and the repurposing of the site thereafter.” AGL says it had again sought third party expert advice about the reliability and safety of keeping Liddell open longer than its planned closure in 2022 – and has reaffirmed its decision to close it at that time, and replace it with gas, renewables and storage. It notes that the Australian Energy Market Operator has confirmed that completion of its plan for the Liddell site will address the capacity shortfall that may occur as a result of Liddell’s closure. The decision follows intense pressure from the Coalition government to try and force AGL to sell the power station, despite the government insisting at the same time that it only ever wanted to leave the fate of the sector to the market. Read more here 14 May 2018, Renew Economy, Australia emissions rise for 3rd year in row, despite fall in electricity. The federal government’s latest tally of Australia’s carbon emissions reveals yet another increase in the nation’s contribution to climate changing greenhouse gases, even without the contributions of Victoria’s now-closed Hazelwood coal plant. The quarterly report, produced by the Department of Environment and Energy, shows a 0.8 increase in national emissions levels in the December 2017 – March 2018 quarter, up from the previous quarter. Annual emissions for the year to December 2017, meanwhile, were estimated to be 533.7 Mt CO2-e – a 1.5 per cent increase when compared with the previous year. This should not be surprising. The current government’s numerous critics point out that the country has no emissions reduction mechanisms to reach its modest target of a 26-28 per cent cut in emissions from 2005 levels by 2030. The only sector that does have a mechanism – the electricity sector with the renewable energy target that the Coalition government tried to kill – is the only sector that has shown a reduction, a 3.1 per cent fall over the year due mainly to the closure of Hazelwood, and lower demand, possibly due to more efficient appliances and more rooftop solar. The report, despite being emblazoned with the names of the government department and the Australian government itself, is prefaced with the following surprising disclaimer: “The views and opinions expressed in this publication are those of the authors and do not necessarily reflect those of the Australian Government or the Minister for the Environment and Energy”. The main culprit behind the biggest single increase in emissions – the more than 10 per cent jump in fugitive emissions from the energy sector – has been linked to the Turnbull government’s great energy transition hope: gas. Read more here 10 May 2018, BBC, Trump White House axes NASA research into greenhouse gas cuts. President Donald Trump’s administration has ended US space agency Nasa’s monitoring system into greenhouse gases, a US journal has revealed. The Carbon Monitoring System (CMS), a $10m (£7m)-a-year project which remotely tracks the world’s flow of carbon dioxide, is to lose funding. Science magazine reports that its loss jeopardises the ability to measure national emission cuts – as agreed to by nations in the Paris climate deal. The US plans to withdraw from the deal. However, until a pullout is formalised in 2020, the US continues to be part of the international climate accord. US officials are currently in Germany as part of talks to outline a detailed rule book for the 2015 Paris agreement. They are reportedly insisting on strong rules for reporting and monitoring greenhouse gas emissions. Mr Trump has repeatedly threatened Nasa’s earth science budget and other climate missions. In March, a spending deal signed in Congress omitted mention of CMS, effectively killing future US research into verifying greenhouse gas emission cuts. “If you cannot measure emissions reductions, you cannot be confident that countries are adhering to the agreement,” energy and environment professor Kelly Sims Gallagher told the journal. Making cheating easy Accurately measuring emissions of carbon dioxide has been one of the major challenges for UN negotiators since concerns over climate change first manifested in the 1990s. Right now most countries produce annual estimates based on working out how much fuel is used in transport, energy and industry. These are often wildly inaccurate, making cheating easy. Read more here 20 April 2018, The Conversation, Federal government sets sights on August approval for National Energy Guarantee. Federal energy minister Josh Frydenberg says he is confident of securing state governments’ support for the National Energy Guarantee, with a final decision now timetabled for August. At a meeting today, state energy ministers agreed to progress towards a final version of the policy, which aims to ensure a reliable electricity supply while also cutting the sector’s greenhouse emissions by 26% by 2030. Details of the policy were first unveiled in October 2017, after the federal government opted against Chief Scientist Alan Finkel’s recommended Clean Energy Target. It features two components: a “reliability guarantee” and an “emissions guarantee”. Under the latest iteration of the policy, developed by the Energy Security Board, electricity retailers would be required to ensure they do not exceed a certain level of greenhouse emissions per unit of electricity sold. They would also be expected to invest in extra generation capacity in advance of any forecast shortfall, so as to ensure reliability. Grattan Institute energy analyst David Blowers wrote this week that although the 26% emissions target is far too modest, the policy could deliver much-needed bipartisan political support. It would create investment certainty and then could be ramped up later. But RMIT’s Alan Pears previously wrote that the government’s slow and modest policy ambition has been overtaken by the breakneck pace of change in renewables and energy efficiency. Economic analysts have voiced fears that the policy’s “technology-neutral” approach is a stalking-horse for coal and may put the brakes on renewable energy investment in Australia. Read more here I November 2023, NASA: 2023 Ozone Hole Ranks 16th Largest, NASA and NOAA Researchers Find. The 2023 Antarctic ozone hole reached its maximum size on Sept. 21, according to annual satellite and balloon-based measurements made by NASA and NOAA. At 10 million square miles, or 26 million square kilometers, the hole ranked as the 12th largest single-day ozone hole since 1979. During the peak of the ozone depletion season from Sept. 7 to Oct. 13, the hole this year averaged 8.9 million square miles (23.1 million square kilometers), approximately the size of North America, making it the 16th largest over this period. “It’s a very modest ozone hole,” said Paul Newman, leader of NASA’s ozone research team and chief scientist for Earth sciences at NASA’s Goddard Space Flight Center in Greenbelt, Maryland. “Declining levels of human-produced chlorine compounds, along with help from active Antarctic stratospheric weather slightly improved ozone levels this year.” The ozone layer acts like Earth’s natural sunscreen, as this portion of the stratosphere shields our planet from the Sun’s harmful ultraviolet radiation. A thinning ozone layer means less protection from UV rays, which can cause sunburns, cataracts, and skin cancer in humans. Every September, the ozone layer thins to form an “ozone hole” above the Antarctic continent. The hole isn’t a complete void of ozone; scientists use the term “ozone hole” as a metaphor for the area in which ozone concentrations above Antarctica drop well below the historical threshold of 220 Dobson Units. Scientists first reported evidence of ozone depletion in 1985 and have tracked Antarctic ozone levels every year since 1979. Antarctic ozone depletion occurs when human-made chemicals containing chlorine and bromine first rise into the stratosphere. These chemicals are broken down and release their chlorine and bromine to initiate chemical reactions that destroy ozone molecules. The ozone-depleting chemicals, including chlorofluorocarbons (CFCs), were once widely used in aerosol sprays, foams, air conditioners, fire suppressants, and refrigerators. CFCs, the main ozone-depleting gases, have atmospheric lifetimes of 50 to over 100 years. Read more here 24 October 2023, Reuters: Meltdown of West Antarctic Ice Sheet unavoidable, study says. The West Antarctic Ice Sheet will continue to melt this century regardless of how much the world slashes planet-warming emissions, research from the British Antarctic Survey has found, locking in further sea level rise over the coming decades. The study, published in the journal Nature Climate Change on Monday, found no matter the degree of warming this century, the melting of the West Antarctic Ice Sheet will speed up as warmer water in the Amundsen Sea erodes ice shelves bordering the ocean. These ice shelves buttress ice further inland, acting as a cork in a bottle that stops their flow into the ocean. Even under the best-case scenario of 1.5 degrees Celsius (2.7 Fahrenheit) of warming above pre-industrial levels, ice would melt three times faster this century than it did last century. “Reducing emissions can help to prevent the worst-case scenario of melting, but beyond that mitigation has a negligible impact,” said lead author Kaitlin Naughten, an ocean-ice modeller at the British Antarctic Survey. “It appears we may have lost control”. The collapse of the West Antarctic Ice Sheet is one of nine global climate ‘tipping points’ scientists identified in 2009. The passing of these environmental red lines would be catastrophic for life on Earth. An international team of scientists said in 2022 we may already have passed the point of no return for the West Antarctic Ice Sheet at just 1.1 Celsius of warming above pre-industrial levels. If the ice sheet were to fully melt, average global sea levels would rise by more than a metre. Read more here 20 October 2023, Climate Home News: World Bank controversy sends loss and damage talks into overtime. Developing countries are outraged by a proposal to host a climate loss and damage fund at the World Bank, painting it as a US power grab. The president of the next UN climate summit, Cop28, has told government negotiators they must agree how to set up a new loss and damage fund before leaving the Egyptian city of Aswan. The United Arab Emirates’ Sultan Al Jaber addressed the 24 members of the transitional committee by video link on Friday morning, the last official day of talks. At Cop27 in Sharm el-Sheikh, governments tasked the committee with working out what a new loss and damage fund for climate victims should look like and present their proposals to Cop28 in November. The fund is supposed to channel money to people who have suffered loss and damage caused by climate change. This could mean rebuilding homes after a hurricane or supporting farmers displaced by recurrent drought. Failure to reach consensus risks delaying support to those in need. But developing countries were incensed by a proposal to host the fund at the World Bank, painting it as a US power grab. And rich-poor divides persisted on how to define the “vulnerable” groups eligible for funds and who gets to control spending. Al Jaber accused the negotiators of dragging their feet and told them not to leave this task to ministers. “I expect you to deliver,” he said. “If I don’t see real and tangible results, that will not be acceptable.” Read more here 18 October 2023 The Conversation: Slow solutions to fast-moving ecological crises won’t work – changing basic human behaviours must come first. As the world grapples with multiple ecological crises, it’s clear the various responses over the past half century have largely failed. Our new research argues the priority now should be addressing the real driver of these crises – our own maladaptive behaviours. For at least five decades, scientists have worked to understand and document how human demands exceed Earth’s regenerative capacity, causing “ecological overshoot”. Those warnings of the threats posed by the overshoot’s many symptoms, including climate change, were perhaps naive. They assumed people and governments would respond logically to existential threats by drastically changing behaviours. The young researchers in the 1970s who published the Limits to Growth computer models showed graphically what would happen over the next century if business-as-usual economic growth continued. Their models predicted the ecological and social disasters we are witnessing now. Once people saw the results of the research, the authors believed, they would understand the trajectory the world was on and reduce consumption accordingly. Instead, they saw their work dismissed and business-as-usual play out. The behavioural crisis. During these past five decades, there have been innumerable reports, speeches and data, ever more strident in their predictions. Yet there has been no change in the economic growth trajectory. 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.
