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 8 March 2016, Energy Post, New data debunks clean energy claims Apple, Amazon, Google. Recent claims by owners of large data centers that a large part of their operations are powered by renewable energy have skeptics coming out of from under their solar panels. Now, there is hard data proving that skepticism is valid, writes energy consultant and author Jim Pierobon. He applauds the efforts of companies like Amazon, Apple and Google to strive for clean energy, but calls for more transparency on their actual practices. A recent report by Lux Research casts a large shadow on some data centers’ clean-energy claims. Scientists at Lux Research found the data centers frequently draw on far more coal-fired power with its much higher emissions than renewables. Companies such as Google, Amazon and Apple should be careful about the claims they make, lest they come across partly as PR stunts. Amazon’s claims are off-base in 23 of its data centers in Virginia. It is less than transparent about how it calculates its emissions “They aren’t doing as much as they claim about sourcing their electricity,” said Ory Zik, Lux Vice President of Analytics. Full-time Data centers need a lot of power to run 24/7. They cannot rely on the intermittent supplies that come from solar and wind energy systems. As a result, they must draw electricity from the regional power grid. Solar and wind systems they have deployed or are developing can help supply renewable power to their centers and to power grids. But they supply nowhere near enough electricity on their own to run operate data centers reliably full-time. Read More here 4 March 2016, Energy Post, BP says not to worry, good times will return. Aside from minor adjustments, BP’s latest Energy Outlook is mostly business-as-usual, writes Fereidoon Sionshansi, president of Menlo Energy Economics and publisher of the newsletter EEnergy Informer.BP seems to have missed out entirely on the agreement reached in Paris in December 2015, as if it did not happen, notes Sionshansi: “The Outlook seems more of a wish list than a forecast.” BP‘s annual Energy Outlook is always worth a read even if you do not agree with BP’s oil-centric outlook. The 2016 edition, which looks out to 2030, is no exception. To its credit, BP is slowly and grudgingly acknowledging that the future may evolve rather differently than the past – e.g., lower global demand growth rates, changes in the mix of fuels that supply the demand, growth of renewables especially in the power generation sector – yet it seems reluctant or unable to abandon the status quo, the history with which it is familiar and comfortable. Call it organizational inertia, or bias, common among all oil majors. Few would fundamentally disagree that at $30 a barrel, oil is too cheap – certainly compared to highs of 100+ in 2014. But given the supply glut and fierce competition among many producers it is less clear how soon the rebalancing will take place, to what extent prices will rebound and for how long. US shale producers, for example, are likely to be back in business once prices rise above $50, dampening the price recovery. Read More here 3 March 2016, Energy Post, Exxon’s never-ending big dig. ExxonMobil not only appears to have ignored its own scientists when they warned about the dangers of greenhouse gas emissions in the 1980s, the company even took advantage of its inside knowledge by leasing large tracts for Arctic oil exploration, writes famous author and activist Bill McKibben in a revealing essay. What is worse, says McKibben, is that even today Exxon continues to spend billions finding and producing ever more fossil fuels. But he notes that “revulsion is growing”: Big Oil may yet suffer the same fate as Big Tobacco. Courtesy of TomDispatch.com. Here’s the story so far. We have the chief legal representatives of the eighth and 16th largest economies on Earth (California and New York) probing the biggest fossil fuel company on Earth (ExxonMobil), while both Democratic presidential candidates are demanding that the federal Department of Justice join the investigation of what may prove to be one of the biggest corporate scandals in American history. And that’s just the beginning. As bad as Exxon has been in the past, what it’s doing now – entirely legally – is helping push the planet over the edge and into the biggest crisis in the entire span of the human story. “We will adapt to this … It’s an engineering problem, and it has engineering solutions” Back in the fall, you might have heard something about how Exxon had covered up what it knew early on about climate change. Maybe you even thought to yourself: that doesn’t surprise me. But it should have. Even as someone who has spent his life engaged in the bottomless pit of greed that is global warming, the news and its meaning came as a shock: we could have avoided, it turns out, the last quarter century of pointless climate debate. Read More here 2 March 2016, Renew Economy, “Base load” power: a myth used to defend the fossil fuel industry. Last week, leading lights of the global fossil power industry gathered at a conference in Houston, Texas, for CERA, known in the sector as the “Davos of Energy”. They reportedly got the shock of their professional careers. They had invited the most senior executives from the biggest network owner (Chine State Grid Corp) in the biggest energy market in the world (China). The organisers fully expected their Chinese guest to endorse the “all of the above” marketing pitch, which is underpinning the “keep coal” campaign. No such luck. Despite prodding by leading oil industry commentator Daniel Yergin, the chairman of State Grid Liu Zhenya reportedly said the “fundamental solution was to accelerate clean energy, with the aim of replacing coal and oil.” Gasp number one. And then to more stunned silence, he and State Grid’s R&D chief Huang Han dismissed coal’s claim to be an indispensable source of “base load” generation. As the network operator builds out its clean power sources, they noted, coal-fired generators could only serve as “reserve power” to supplement renewables. “The only hurdle to overcome is ‘mindset’,” Liu said. “There’s no technical challenge at all.” The “base load” mindset, though, is a pretty big and powerful hurdle. Across the world it infests incumbent utilities, the coal and nuclear lobbies, conservative politicians, energy regulators, and many in mainstream media, who are clinging to the concept of “base load generation” as the last resort to try to ridicule wind, solar and other technologies. In Australia, which has more coal generation as a percentage of its energy supply than any other developed country, this perpetuation of this idea has reached fever pitch, particularly with the imminent exit of the large coal-fired power station in South Australia. But according to Tim Buckley, from the Institute of Energy Economics and Financial Analysis, the idea of “base load” generation as an essential part of the energy mix is becoming redundant, and turning into a myth dreamed up by the fossil fuel industry to protect its interests. “It’s as dangerous as the marketing term of “clean coal” and the idea that coal is “good for humanity”,” Buckley says. Read more here 1 November 2017, The Guardian, Fossil fuel companies undermining Paris agreement negotiations – report. Global negotiations seeking to implement the Paris agreement have been captured by corporate interests and are being undermined by powerful forces that benefit from exacerbating climate change, according to a report released ahead of the second meeting of parties to the Paris agreement – COP23 – next week. The report, co-authored by Corporate Accountability, uncovers a litany of ways in which fossil fuel companies have gained high-level access to negotiations and manipulated outcomes. It highlights a string of examples, including that of a negotiator for Panama who is also on the board of a corporate peak body that represents carbon traders such as banks, polluters and brokers. It also questions the role of the world’s biggest polluters in sponsoring the meetings in return for access to high-level events. The report argues that as a result of the corporate influence, outcomes of negotiations so far have been skewed to favour the interests of the world’s biggest corporate polluters over those of the majority of the world’s population that live in the developing world. It finds that influence has skewed outcomes on finance, agriculture and technology. Read more here 18 October 2017, The Conversation, The government’s energy policy hinges on some tricky wordplay about coal’s role. The most important thing to understand about the federal government’s new National Energy Guarantee is that it is designed not to produce a sustainable and reliable electricity supply system for the future, but to meet purely political objectives for the current term of parliament. Those political objectives are: to provide a point of policy difference with the Labor Party; to meet the demands of the government’s backbench to provide support for coal-fired electricity; and to be seen to be acting to hold power prices down. Meeting these objectives solves Prime Minister Malcolm Turnbull’s immediate political problems. But it comes at the cost of producing a policy that can only produce further confusion and delay. The government’s central problem is that, as well as being polluting, coal-fired power is not well suited to the problem of increasingly high peaks in power demand, combined with slow growth in total demand. Coal-fired power plants are expensive to start up and shut down, and are therefore best suited to meeting “baseload demand” – that is, the base level of electricity demand that never goes away. Until recently, this characteristic of coal was pushed by the government as the main reason we needed to maintain coal-fired power. The opposite of baseload power is “dispatchable” power, which can be turned on and off as needed. Classic sources of dispatchable power include hydroelectricity and gas, while recent technological advances mean that large-scale battery storageis now also a feasible option. Coal-fired plants can be adapted to be “load-following” which gives them some flexibility in their output. But this requires expensive investment and reduces the plants’ operating life. The process is particularly ill-suited to the so-called High Efficiency, Low Emissions (HELE) plants being pushed as a solution to the other half of the policy problem, reducing carbon dioxide emissions. Read More here 18 October 2017, The Conversation, Federal government unveils ‘National Energy Guarantee’ – experts react. The federal government has announced a new energy policy, after deciding against adopting the Clean Energy Target recommended by chief scientist Alan Finkel. The new plan, called the National Energy Guarantee, will require electricity retailers to make a certain amount of “dispatchable” power available at all times, and also to reduce the electricity sector’s greenhouse emissions by 26% relative to 2005 levels by 2030. The government says it will save the average household up to A$115 a year after 2020, while also ensuring reliability. Below, our experts react to the new policy.Read more: Infographic: the National Energy Guarantee at a glance. Read More here 18 October 2017, Renew Economy, States gobsmacked by lack of detail, research in Turnbull’s NEG. The chances of the Turnbull government getting the approval of the states for its National Energy Guarantee appear remote after a devastating response to the proposal following an emergency phone hook-up on Tuesday. Approval for the states – through the COAG process – is apparently critical for the Coalition to implement the plan, because it requires changes to the National Electricity Rules. But in a testy phone-hook up between Frydenberg and the state energy ministers, the federal Coalition admitted it had no details, no modelling – and all it had to show for what it describes as “breakthrough moment” was a press release and an eight-page letter from the Energy Security Board. State representatives said they were gobsmacked by the sheer front and incompetence. “I’ve never seen anything like it,” said one. “We would be ripped apart if we tried something like that.” Queensland energy minister Mark Bailey was dismissive of the lack of detail. “The detail is threadbare and it would be irresponsible to set the nation’s energy policy based on a short letter which is all we’ve been given.” (Read Bruce Mountain’s account for an explanation as to how this policy farce may have come about). It is particularly ironic because the federal Coalition needs the state approval, yet Frydenberg told the state energy ministers that the states would be relied on to do the heavy lifting to meet the various targets. Read More here 13 July 2022, The Guardian: Australia’s farcical climate policy: market forces to cut emissions and subsidies to destroy carbon sinks. Our federal government pays some people to protect native forests, while state governments pay others to cut them down. he climate crisis often gets blamed on market failure, but government failure plays a pretty big role as well. Not only do Australian governments spend more than $11.6bn a year subsidising fossil fuels, at the same time the federal government spends billions paying some landholders to grow more trees, state governments perversely continue to subsidise the logging of native forests. I’m not sure that’s what people mean by the circular economy. While successive governments have spent billions subsidising research into carbon capture and storage (CCS), the really inconvenient truth is the most effective CCS technology is the humble tree. It’s low cost, low risk and ready to roll. Trees quite literally suck carbon dioxide out of the air and store it safely in their trunks and their roots. And as if that’s not a cool invention, trees throw in water filtration and native species habitat “services” for free. If Elon Musk had invented the tree, he’d be a trillionaire by now. But despite all the talk of doing everything we can to tackle the climate crisis, in reality our state governments are still spending our money to subsidise the logging of native forests. Last year alone Victorian taxpayers spent $18m propping up state-owned logging operations. Those subsidies are expected to balloon out to $192m in total by 2030. According to the publicly owned VicForest’s own business plan for 2015-16: “Timber harvesting operations in the East Gippsland Forest Management Area have not been profitable for VicForests for many years.” Tasmania and NSW forestry receive similarly eye-watering subsidies. Read more here 13 July 2022, NASA Earth Observatory: Heatwaves and Fires Scorch Europe, Africa, and Asia. n June and July 2022, heatwaves struck Europe, North Africa, the Middle East, and Asia, as temperatures climbed above 40 degrees Celsius (104 degrees Fahrenheit) in places and broke many long-standing records. The map above shows the surface air temperatures across most of the Eastern Hemisphere on July 13, 2022. It was produced by combining observations with a version of the Goddard Earth Observing System (GEOS) global model, which uses mathematical equations to represent physical processes in the atmosphere. “While there is a clear pattern of an ‘atmospheric wave’ with alternating warm (redder) and cool (bluer) values in different locations, this large area of extreme (and record breaking) heat is another clear indicator that emissions of greenhouse gases by human activity are causing weather extremes that impact our living conditions,” said Steven Pawson, chief of the Global Modeling and Assimilation Office at NASA Goddard Space Flight Center. In Western Europe, which was already experiencing severe drought, the heatwave fueled fires that raged across Portugal, Spain, and parts of France. In Portugal, temperatures reached 45 degrees Celsius (113 degrees Fahrenheit) on July 13 in the town of Leiria, where more than 3,000 hectares (7,400 acres) had burned. More than half of the country was on red alert as firefighters battled 14 active fires. Read more here 7 June 2022, The Conversation: A huge Atlantic ocean current is slowing down. If it collapses, La Niña could become the norm for Australia. Climate change is slowing down the conveyor belt of ocean currents that brings warm water from the tropics up to the North Atlantic. Our research, published today in Nature Climate Change, looks at the profound consequences to global climate if this Atlantic conveyor collapses entirely. We found the collapse of this system – called the Atlantic meridional overturning circulation – would shift the Earth’s climate to a more La Niña-like state. This would mean more flooding rains over eastern Australia and worse droughts and bushfire seasons over southwest United States. East-coast Australians know what unrelenting La Niña feels like. Climate change has loaded our atmosphere with moister air, while two summers of La Niña warmed the ocean north of Australia. Both contributed to some of the wettest conditions ever experienced, with record-breaking floods in New South Wales and Queensland. Meanwhile, over the southwest of North America, a record drought and severe bushfires have put a huge strain on emergency services and agriculture, with the 2021 fires alone estimated to have cost at least US$70 billion. Read more here. 30 May 2022, The Conversation: Australia’s biggest carbon emitter buckles before Mike Cannon-Brookes – so what now for AGL’s other shareholders? Billionaire Mike Cannon-Brookes has won a major battle against Australia’s biggest energy company, AGL Energy, thwarting its plan to split up the company’s coal-heavy generation and power distribution assets. AGL’s board announced it was dumping its demerger proposal this morning. Heads have rolled too. Chief executive Graeme Hunt, chairman Peter Botten and non-executive director Jacqueline Hey have resigned. Another director, Diane Smith-Gander, will go in August. But it remains to be seen if Cannon-Brookes and his allies can achieve their ultimate goal – to force AGL, Australia’s biggest carbon emitter, to accelerate the closure of its coal and gas-fired power stations. 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.
