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 24 March 2016, Climate News Network, Humans tilt climate books out of balance. Greenhouse gases from cattle, fertilisers, manure and agriculture mean that human activities have turned the land and soil into part of the global warming machine. In the great book-keeping of climate change, scientists have just discovered a big mistake. They have been wrong, they now think, to count on the mountains, the plains, the forests and the grasslands as an agency that slows climate change by absorbing carbon dioxide. It does absorb carbon dioxide. But the chilling news is that the soil itself may be making the world warmer. That is because humans have changed the way the landscape and its living things works, and now – thanks to those other greenhouse gases, methane and nitrous oxides, from cattle, fertilisers, manure and agriculture – the terrestrial biosphere is actually accelerating climate change. Twenty-three scientists from 16 laboratories and institutions report in Nature journal that they re-examined the sums on which climate forecasts depend. They concluded: “We find that the cumulative warming capacity of concurrent biogenic methane and nitrous oxide emissions is a factor of about two larger than the cooling effect resulting from the global land carbon dioxide uptake from 2001 to 2010.” Read More here 24 March 2016, Renew Economy, Five things we learned about Malcolm’s attempts not to be Tony. Plus ça change. The more it changes, the more it stays the same. And that ageless expression seems to apply with Malcolm Turnbull’s desperate efforts to convince people that he is not Tony Abbott, that he is not the sword carrier for Abbott’s policies as his predecessor suggests, and that he is not a slave to the conservative rump of his party. This week, Turnbull turned to clean energy to show that his spots are not the same as Abbott’s. If publicity and headlines are the main indicators, it has been a smashing success. Mainstream media has lapped it up: “PM’s climate of change,” hoorayed Fairfax. “Coalition saves two clean energy funds,” chorused the ABC. “PM tilts at green windmills,” booed the Murdoch media. (That editorial is probably worth a complete dissection on its own, so many errors, misconceptions and prejudices in such a few short paragraphs, but time is not infinite). But what really happened this week? In the face of opposition in the Senate, Turnbull bowed to the inevitable and decided to keep the Clean Energy Finance Corporation. That is good. And that is change. The CEFC – once decried by its newest biggest supporter, environment minister Greg Hunt as a great big green hedge fund – has been behind many of the most important new clean energy projects and initiatives in the country, underwriting finance for large-scale solar projects, innovative solar thermal installations, battery storage trials, and any amount of energy efficiency and rooftop solar support. And in doing this it has also delivered a significant return to the government. Hunt should now feel free to turn up at one of its project openings. Turnbull then took $1 billion out of the CEFC kitty and rebadged it with his favourite buzzword, “innovation” and claimed the creation of a “new” thing called the “Clean Energy Innovation Fund”. But it does not represent new funding. Read More here 23 March 2016, Energy Post, Dispelling the nuclear baseload myth: nothing renewables can’t do better. The main claim used to justify nuclear is that it’s the only low carbon power source that can supply ‘reliable, base load electricity. But not only can renewables supply baseload power, they can do something far more valuable: supply power flexibly according to demand, writes Mark Diesendorf, Associate Professor of Interdisciplinary Environmental Studies at UNSW Australia. That, says Diesendorf, makes nuclear power really redundant. We have all heard the claim. We need nuclear power because, along with big hydropower, it’s the only low carbon generation technology that can supply ‘reliable baseload power’ on a large scale. For example, the UK Energy Secretary Amber Rudd, attempted to justify the decision to build the proposed Hinkley Point C nuclear power station on the grounds that “we have to secure baseload electricity.” Similarly, former Australian Industry Minister Ian Macfarlane recently claimed at a uranium industry conference: “Baseload, zero emission, the only way it can be produced is by hydro and nuclear.” Underlying this claim are three key assumptions. First, that baseload power is actually a good and necessary thing. In fact, what it really means is too much power when you don’t want it, and not enough when you do. What we need is flexible power (and flexible demand too) so that supply and demand can be matched instant by instant. Read More here 22 March 2016, Reuters, Australia announces A$1 billion clean energy fund, in break with past. Australian Prime Minister Malcolm Turnbull on Wednesday said the country would establish a A$1 billion ($761.60 million) clean-energy innovation fund, in a major departure from his predecessor’s much maligned approach to combating climate change. Conservative former Prime Minister Tony Abbott was criticized by environmental groups for lagging behind other advanced economies when he announced cuts to Australia’s greenhouse gas emissions last year. Abbott, a climate change skeptic who was ousted in a party coup by Turnbull in September, also faced criticism for his strong support for the coal industry and for scrapping an ambitious carbon tax and emissions trading plan in 2014. Turnbull said the new fund would focus on investing in high-tech clean energy technologies. “What that is going to do is every year invest A$100 million in the smartest, most cutting edge Australian clean-energy technologies and businesses to ensure that we … play our part in cracking the very hard problems, the challenging technical difficulties that we face in terms of reducing emissions,” he told reporters. Abbott pledged that the world’s largest exporter of coal and iron ore would cut emissions by 26-28 percent of 2005 levels by 2030, a target he submitted as part of negotiations on a global climate deal in Paris last year. Abbott also sought and failed to scrap the country’s Clean Energy Finance Corporation and the Australian Renewable Energy Agency, which Turnbull said on Wednesday would be retained. Australia is one of the largest carbon emitters on a per capita basis due to its reliance on coal-fired power plants, and critics say it has done little to match ambitious targets set by the United States and Europe. Read More here 13 November 2017, The Conversation, Fossil fuel emissions hit record high after unexpected growth: Global Carbon Budget 2017. Global greenhouse emissions from fossil fuels and industry are on track to grow by 2% in 2017, reaching a new record high of 37 billion tonnes of carbon dioxide, according to the 2017 Global Carbon Budget, released today. The rise follows a remarkable three-year period during which global CO₂ emissions barely grew, despite strong global economic growth. But this year’s figures suggest that the keenly anticipated global peak in emissions – after which greenhouse emissions would ultimately begin to decline – has yet to arrive. Read more: Fossil fuel emissions have stalled: Global Carbon Budget 2016 – The Global Carbon Budget, now in its 12th year, brings together scientists and climate data from around the world to develop the most complete picture available of global greenhouse gas emissions. In a series of three papers, the Global Carbon Project’s 2017 report card assesses changes in Earth’s sources and sinks of CO₂, both natural and human-induced. All excess CO₂ remaining in the atmosphere leads to global warming. We believe society is unlikely to return to the high emissions growth rates of recent decades, given continued improvements in energy efficiency and rapid growth in low-carbon energies. Nevertheless, our results are a reminder that there is no room for complacency if we are to meet the goals of the Paris Agreement, which calls for temperatures to be stabilised at “well below 2℃ above pre-industrial levels”. This requires net zero global emissions soon after 2050. Read More here 10 November 2017, Corporate Accountability (REPORT): Polluting Paris: How Big Polluters are Undermining Global Climate Policy: Big Polluters like oil, gas, coal, and agricultural transnational corporations (TNCs) are not only the largest emitters; their climate denial, lobbying, and policy interference make these industries one of the primary obstacles to sound climate policy at the local, national, and international levels. This undue influence ensures that our economies continue to pollute at dangerous levels, our media continues to doubt the settled science of climate change,8 9 and that this treaty process continues to fail to respond with the urgency this crisis requires…… This report exposes how the industries most responsible for climate change, especially fossil fuel TNCs, are obstructing real progress to address the climate crisis across key policy areas where urgent progress over the next couple of years will largely determine how habitable our future will be. Within the U.N. climate talks, key negotiating tracks undermined by industry interference include finance, mechanisms for international cooperation, agriculture, technology, and observer participation. But all is not lost. This report highlights what can be done in each of these tracks to protect against corporate capture and implement the solutions already at our fingertips. Access Report here 10 November 2017, Climate Home News: Coal deals ‘very possible’ as US holds industry event at UN climate talks. Ghana and Ukraine are among countries for whom the presence of the US coal industry at UN talks in Bonn is opportunity to strike energy deals. Some countries attending UN climate talks in Bonn hope a Trump administration fossil fuels presentation will provide an opportunity to strike coal technology deals with the US. African diplomats told Climate Home News that talks on technology trades were “very possible” on the fringes of the US event on Monday. The following day, Ukraine is planning to table an initiative to bring energy corporates closer to the UN climate process, which it claims has US backing. The proposal would slot energy multinationals into an “intermediate layer” between the UN Framework Convention on Climate Change (UNFCCC) and national governments. It has been encouraged by US officials and coal firms, its authors say, and will be raised by Ukraine’s environment minister Ostap Semerak on Tuesday. Industry executives and Obama-era climate negotiators say that pushing US coal into the heart of the UN negotiations could offer president Donald Trump political cover to reverse his plans to exit the global climate treaty, should he choose to do so. The White House and US state department co-organised the side meeting, which is titled: “The Role of Cleaner and More Efficient Fossil Fuels and Nuclear Power in Climate Mitigation”. Trump’s climate advisor George David Banks, who lobbied Trump to keep the US in the Paris deal, will address the event. Vice president Mike Pence’s advisor Francis Brooke will chair it. Holly Krutka, vice president of coal generation and emissions technologies for Peabody Energy, the largest private coal company on earth, will also attend. Read More here 10 November 2017, Climate News Network: Geo-engineering can work – if the world wants it. Geo-engineering can stop the Earth warming, at least in theory, scientists say, but doubts persist over the possible risks. Climate scientists now know that geo-engineering – in principle at least – would halt global warming and keep the world at the temperatures it will reach by 2020. It is simple: inject millions of tons of sulphate aerosols into the stratosphere at carefully chosen locations, and keep on doing so for as long as humans continue to burn fossil fuels and release greenhouse gases into the atmosphere. The desired effect: global temperatures will be contained because the pollutants in the upper atmosphere will dim the sun’s light and counteract the greenhouse effect of all the carbon dioxide pumped from power stations, vehicle exhausts, factory chimneys and burning forests. It won’t be the perfect answer. The oceans will go on becoming more acidic, and the skies will become subtly darker. Rainfall patterns could be affected. Repairs to the ozone layer – an invisible shield against dangerous ultraviolet radiation – would be slowed.The volumes of sulphate aerosols that would need to be flown to stratospheric heights and released each year would continue to grow as humans went on burning ever more fossil fuels. The technical and energy demands of such an operation would be colossal. There could be serious geopolitical problems about the impacts and responsibility for such decisions. But, at least in principle, researchers now believe geo-engineering could be made to work. “For decision makers to accurately weigh the pros and cons of geo-engineering against those of human-caused climate change, they need more information,” said Ben Kravitz, of the Pacific Northwest National Laboratory, and one of a consortium which has published a succession of five studies in the Journal of Geophysical Research – Atmospheres. “Our goal is to better understand what geo-engineering can do – and what it cannot.” Read More here 1 October 2022, Real Climate, New misguided interpretations of the greenhouse effect from William Kininmonth. I have a feeling that we are seeing the start of a new wave of climate change denial and misrepresentation of science. At the same time, CEOs of gas and oil companies express optimism for further exploitation of fossil energy in the wake of Russia’s invasion of Ukraine, at least here in Norway. Another clue is William Kininmonth’s ‘rethink’ on the greenhouse effect for The Global Warming Policy Foundation. He made some rather strange claims, such as that the Intergovernmental Panel on Climate Change (IPCC) allegedly should have forgotten that the earth is a sphere because “most absorption of solar radiation takes place over the tropics, while there is excess emission of longwave radiation to space over higher latitudes”. What he hasn’t understood is that the IPCC merely assesses published climate research, much of which is conducted with global climate models that indeed treat the earth as a sphere. This lack of knowledge is surprising from a man who, according to the biography, joined the Australian Bureau of Meteorology in 1960, and retired in 1998 as head of the National Climate Centre. Read more here 30 September 2022, The Conversation, Shifting ocean currents are pushing more and more heat into the Southern Hemisphere’s cooler waters. The oceans absorb more than 90% of all extra heat trapped by the emissions we’ve produced by burning fossil fuels. This heat is enormous. It’s as if we exploded an atom bomb underwater, every second of every day.The ocean isn’t warming at the same rate everywhere. We know the heat is concentrated in the fast, narrow currents that flow along the east coasts of the world’s continents and funnel warm water from the tropics down towards the poles.In the Southern Hemisphere, these currents – known as the western boundary currents – are warming faster than the global average at their southern limits, creating ocean warming hotspots.Until now, we haven’t known exactly why. These western boundary currents are particularly important in the Southern Hemisphere, which is more than 80% ocean compared to just 60% for the Northern Hemisphere.Our new research has found a vital part of the puzzle: strong easterly winds in the mid-latitudes are moving south, driving the western boundary currents further south and leading to faster ocean warming in these areas. Read more here 16 September 2022, Climate Home News, South Australia set to become first big grid to run on 100% renewables. South Australia – already leading the world with its share of wind and solar – is poised to become the first grid of its size to operate without synchronous generation within the next few years, according to a new planning document from the market operator. South Australia leads the world with the penetration of wind and solar in its grid, and has averaged more than 64% over the last 12 months. It regularly reaches levels where wind and solar produce more than 100% of state demand – in fact it set a new record of 146% of state demand from wind only on Wednesday morning – but this excess is exported to Victoria through its transmission links. Read more here 9 September 2022, Science Journal: Exceeding 1.5°C global warming could trigger multiple climate tipping points. Climate tipping points are conditions beyond which changes in a part of the climate system become self-perpetuating. These changes may lead to abrupt, irreversible, and dangerous impacts with serious implications for humanity. Armstrong McKay et al. present an updated assessment of the most important climate tipping elements and their potential tipping points, including their temperature thresholds, time scales, and impacts. Their analysis indicates that even global warming of 1°C, a threshold that we already have passed, puts us at risk by triggering some tipping points. This finding provides a compelling reason to limit additional warming as much as possible… Our assessment provides strong scientific evidence for urgent action to mitigate climate change. We show that even the Paris Agreement goal of limiting warming to well below 2°C and preferably 1.5°C is not safe as 1.5°C and above risks crossing multiple tipping points. Crossing these CTPs can generate positive feedbacks that increase the likelihood of crossing other CTPs. Currently the world is heading toward ~2 to 3°C of global warming; at best, if all net-zero pledges and nationally determined contributions are implemented it could reach just below 2°C. This would lower tipping point risks somewhat but would still be dangerous as it could trigger multiple climate tipping points. 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.
