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 15 October 2015, Carbon Pulse, Australia reapproves gigantic Adani coal mine, Indian CO2 emissions to soar. Environment Minister Greg Hunt on Thursday reapproved the construction of Adani’s Carmichael coal mine in Queensland, Australia’s biggest ever which will see around 60 million tonnes of coal exported to India annually. Hunt first approved the mine last year, but a court annulled the approval earlier this year as the government had failed to take into account the mine’s impact on two threatened species. There has also been strong public opposition against the project amid suspicions it would damage the Great Barrier Reef. The minister said on Thursday the mine had now been “approved in accordance with national environment law subject to 36 of the strictest conditions in Australian history”. Coal from the mine will cause annual CO2 emissions of around 128 million tonnes – roughly similar to the combined GHG emissions of Norway and Sweden – although those emissions will take place in India, where the coal will be exported to. Indian owner Adani has estimated coal from the mine will create 3 billion tonnes of CO2 emissions over its 60-year lifespan. “With regard to the impacts of the emissions caused by the use of the coal from the mine, recipient nations will need to meet their obligations under the United Nations Convention on Climate Change,” Australia’s Environment Ministry said. Read More here 7 October 2015, Renew Economy, Hunt says “inevitable” large numbers will quit grid with battery storage. Australian environment minister Greg Hunt says it is inevitable that significant numbers of consumers will leave the grid in coming years, and repeated his vow to help accelerate the deployment of battery storage. Hunt was asked on ABC TV’s Lateline program on Tuesday – following a segment on a couple in the Blue Mountains going off-grid – if he thought that significant numbers of consumers would follow. “I do. I think it is inevitable,” Hunt said, before noting that Australia already had the highest penetration of rooftop solar in the world – an average 15 per cent across the nation. “Increasingly we will see the adoption of battery storage, which is the key thing to enable people to go off the grid. This is clearly the future,” Hunt said. “The debate is how long it takes and the task for government is to help bring that forward.” Indeed, two big international battery storage developers have chosen Australia to be their global launch pad for their battery storage initiatives. This includes Tesla and California counterpart Enphase Energy, which describes the Australian market as the most promising in the world. Not everyone, however, agrees that consumers should be encouraged to go off-grid, and Hunt’s comments could be seen as controversial if that is what he is urging. Read More here 28 September 2015, The Guardian, Shell abandons Alaska Arctic drilling. Oil giant’s US president says hugely controversial drilling operations off Alaska will stop for ‘foreseeable future’ as drilling finds little oil and gas. Shell has abandoned its controversial drilling operations in the Alaskan Arctic in the face of mounting opposition. Its decision, which has been welcomed by environmental campaigners, follows disappointing results from an exploratory well drilled 80 miles off Alaska’s north-west coast. Shell said it had found oil and gas but not in sufficient quantities. The move is a major climbdown for the Anglo-Dutch group which had talked up the prospects of oil and gas in the region. Shell has spent about $7bn (£4.6bn) onArctic offshore development in the hope there would be deposits worth pursuing, but now says operations are being ended for the “foreseeable future.” Shell is expected to take a hit of around $4.1bn as a result of the decision. The company has come under increasing pressure from shareholders worried about the plunging share price and the costs of what has so far been a futile search in the Chukchi Sea. Shell has also privately made clear it is taken aback by the public protests against the drilling which are threatening to seriously damage its reputation. Ben van Beurden, the chief executive, is also said to be worried that the Arctic is undermining his attempts to influence the debate around climate change. His attempts to argue that a Shell strategy of building up gas as a “transitional” fuel to pave the way to a lower carbon future has met with scepticism, partly because of the Arctic operations. Read More here 28 September 2015, Renew Economy, Coalition dumps chief climate denier Newman, Hunt still hamstrung. In one of the surest signs yet that the Malcolm Turnbull-led Coalition is making a departure from the climate denying, anti-renewable energy thinking that has guided the party’s policy-making from the top down, Maurice Newman will not be reappointed as chairman of the prime minister’s business advisory council. Newman, a far-right conservative and outspoken denier of climate change, was appointed to the role by Tony Abbott in one of his first acts after becoming Prime Minister in 2013, and has been a key influence on Abbott’s policy direction since then. His controversial views on climate change – essentially that it is not happening, and ratherit’s global cooling we should be worried about – have been given a regular airing in a weekly column Newman writes for The Australian. Newman was also behind the push to investigate whether the Bureau of Meteorology was exaggerating temperature data records as part of what he saw as a broader climate change conspiracy. A push that, according to recent evidence revealed by the ABC, was knocked on the head by environment minister Greg Hunt. And so, Turnbull’s decision not to reappoint Newman now that his chairmanship has expired – one of the eight things we recently suggested the new PM could do to show support for renewable energy and climate change – is good news, not least for Hunt, who is now overseeing these departments in a so-called environment “mega-office”. Read More here 5 December 2016, The Guardian, Australia is blowing its carbon budget, projections reveal. Australia’s greenhouse gas emissions are rising despite global reduction efforts, according to detailed projections made by the consultants NDEVR Environmental. Australia’s emissions jumped by 2.56m tonnes in the three months to September, putting them 1.55m tonnes off-track compared with commitments made in Paris, and 4.06m tonnes over levels demanded by scientifically based targets set by the government’s Climate Change Authority. Emissions for the year to September are above those for the year to September 2015. The results mean Australia has emitted about twice what is allowed by the CCA’s carbon budget since 2013. In the three years and nine months to September 2016, the country emitted 19.8% of its share of what the world can emit between 2013 and 2050 if it intends to maintain a good chance of keeping warming to below 2C. If Australia continues to emit carbon pollution at the average rate of the past year, it will spend its entire carbon budget by 2031. Projected to the current second, the graphic shows how much of the carbon budget has been spent. Read More here 1 December 2016, The Guardian, Obama’s dirty secret: the fossil fuel projects the US littered around the world. Seemingly little connects a community in India plagued by toxic water, a looming air pollution crisis in South Africa and a new fracking boom that is pockmarking Australia. And yet there is a common thread: American taxpayer money. Through the US Export-Import Bank, Barack Obama’s administration has spent nearly $34bn supporting 70 fossil fuel projects around the world, work by Columbia Journalism School’s Energy and Environment Reporting Project and the Guardian has revealed. This unprecedented backing of oil, coal and gas projects is an unexpected footnote to Obama’s own climate change legacy. The president has called global warming “terrifying” and helped broker the world’s first proper agreement to tackle it, yet his administration has poured money into developments that will push the planet even closer to climate disaster. For people living next to US-funded mines and power stations the impacts are even more starkly immediate. Guardian and Columbia reporters have spent time at American-backed projects in India, South Africa and Australia to document the sickness, upheavals and environmental harm that come with huge dirty fuel developments. In India, we heard complaints about coal ash blowing into villages, contaminated water and respiratory and stomach problems, all linked to a project that has had more than $650m in backing from the Obama administration. In South Africa, another huge project is set to exacerbate existing air pollution problems, deforestation and water shortages. And in Australia, an enormous US-backed gas development is linked to a glut of fracking activity that has divided communities and brought a new wave of industrialization next to the cherished Great Barrier Reef. While Obama can claim the US is the world’s leader on climate change – at least until Donald Trump enters the White House – it is also clear that it has become a major funder of fossil fuels that are having a serious impact upon people’s lives. This is the unexpected story of how Obama’s legacy is playing out overseas. Read more here 30 November 2016, The Conversation, Will the latest electricity review bring climate and energy policy together at last? The Australian government is reviewing our electricity market to make sure it can provide secure and reliable power in a rapidly changing world. Faced with the rise of renewable energy and limits on carbon pollution, The Conversation has asked experts what kind of future awaits the grid. Australia’s National Electricity Market (NEM) is under review following the state-wide blackout that hit South Australia in September. The review, led by Chief Scientist Alan Finkel, will “develop a national reform blueprint to maintain energy security and reliability”. Importantly, the Council of Australian Governments (COAG) specifically agreed that the review would consider Australia’s commitment under the Paris climate agreement, and how climate and energy policy can be integrated. Before we consider how the NEM might need to change, it is important to understand how it came about. State responsibility Electricity supply began as a state responsibility. Originally, state-based utilities owned and operated the entire supply chain, from generation to transmission, distribution and retail. With the exception of the Snowy Hydro Scheme, there were no interstate transmission lines. Accessibility and affordability were (and still are) key concerns for the states. As such, electricity prices were equal for all citizens, irrespective of their location or the actual cost of bringing electricity to them. This is still partly reflected in network tariffs today. In the late 1980s, concerns about rising costs to government, but also a worldwide ideological move towards privatisation of public services, drove a shift away from publicly owned utilities. This began with a New South Wales inquiry, which found that NSW could avoid billions of dollars in new investment by connecting its network with Victoria. This set the scene for the development of a more interconnected grid and more general reform. In particular, this was followed by a report from the former Industry Commission in 1991 and the Hilmer Reviewon National Competition Policy in 1993. These reports were dominated by market logic. They argued that competition would make the system more efficient. Governments specifically agreed to reforms that would lead to a fully competitive national electricity market. This involved breaking up and selling the three layers of the electricity sector: generation, networks and retail. Read More here 17 November 2016, Renew Economy, Australia named and shamed for “unambitious, uninspired” climate policies. As Julie Bishop assures UN climate talks in Marrakech that Australia’s private sector increasingly sees it “as their responsibility and their business… to embrace low-emissions technology,” two new new global reports underline just how far behind the climate eight-ball the Turnbull government remains. The first – the latest Climate Change Performance Index, released overnight in Marrakech by Climate Action Network Europe and German NGO, Germanwatch – ranked Australia fifth-last out of a group of 58 countries responsible for more than 90 per cent of global energy-related CO2 emissions. According to a release accompanying the Index, Australia was ranked in the bottom group of the CCPI 2017 – rated “very poor” – alongside Canada and Japan. Other countries ranked below Australia include Kazakhstan, Korea and Saudi Arabia. The CCPI report said Australia has gone backwards in energy efficiency since the last ranking, and continued to lag in ambition of climate policies. The index also noted a gap between the national and state policies in Australia: the former described as “rather unambitious and uninspired,” the latter managing “to some extent to take independent action.” Read More here 8 November 2021, Renew Economy. NSW, ACT and South Australia in cross party push to speed transition to net zero. The New South Wales, South Australia and Australian Capital Territory governments have created a new multi-state, cross party initiative to try and fast track the shift to zero emissions, with a focus on proven and mature technologies. The Net Zero Emissions Policy Forum has been initiated by the NSW, ACT and SA governments to help sub-national jurisdictions – who tend to have more ambitious policies than national governments – address the practical challenges of achieving net zero emissions. “Taking action on climate change is an economic and environmental imperative, and this is about ensuring states and territories are working together to address it,” NSW energy minister and treasurer Matt Kean said in a joint statement. The forum is focused on getting the policies right and managing resources to enable sub national governments to grow their economies “without reinventing the wheel” and deploy “proven and mature capabilities” as well as solutions to address common obstacles in reaching net zero emissions.” This is in contrast to the federal government’s own technology roadmap, which ignores the potential of existing technologies to deliver substantial reductions in emissions in the short term, and instead focuses on unproven technologies to deliver emissions cuts some time in the future. The three states and territories involved in this deal are all leaders in the transition to renewables in Australia. Read more here 6 November 2021, The Guardian. How Scott Morrison’s Cop26 climate show was derailed by Emmanuel Macron and the submarine row. Scott Morrison’s appearance at the G20 and Cop26 was supposed to be about consolidating the Coalition’s climate pivot before the next election. But the French president, Emmanuel Macron, had other ideas. Political editor Katharine Murphy travelled with Morrison to Rome and Glasgow this week. Here is how an extraordinary week unfolded behind the scenes. Most interesting article! Read more here 1 November 2021, Renew Economy. Morrison fumbles in Rome, but his main game is to block progress at Glasgow. Two weeks of international climate talks are off to an inauspicious start – with some of the world’s largest greenhouse gas emitters failing to agree to end the use of coal – and Australian is centre stage, and not just because prime minister Scott Morrison is dealing with the fallout from self-inflicted diplomatic wounds. On Sunday, as the opening ceremony of the COP26 talks kick-started proceedings in Glasgow, leaders of the G20 group of countries met to discuss cooperation on a range of issues, including climate change and the ongoing response to Covid-19. But the G20 failed to reach agreement on a crucial deadline for the phase-out of fossil fuels, due to opposition from Australia, China and India, which prevented any language being included in the G20 communique that would suggest countries would commit to ending their use of coal, gas and oil altogether. The group agreed to cease international funding for coal fired generation – mirroring a commitment previously made by China during the United Nations General Assembly, in September – and will focus on the development of low emissions projects when supporting lower income countries to build their electricity grids. It is becoming clear that Australia is set to again play a major blocking role during the COP26 talks, a taste of which we’ve already seen during the G20 meeting. But in Glasgow, Morrison and energy minister Angus Taylor will be doing so with virtually no diplomatic capital to play with. Australia emerged as a major antagonist during the last round of UN climate talks, the COP25 conference held in Madrid in 2019, where Australia controversially fought for its right to use its leftover Kyoto Protocol emissions credits to meet targets under the Paris Agreement. A refusal by the Morrison government to adopt a stronger 2030 emissions reduction target – with 2030 targets being a central focus of the COP26 talks – already puts Australia out of step with the expectations of its peers. It also appears that Australia will deploy its ‘technology not taxes’ and the cringeworthy ‘the Australian way’ rhetoric on the global stage. The domestic audience already sees it as hollow messaging, the international audience is likely to view it as absurd. Read more here 26 October Renew Economy: World “way off track” as global emissions surge to new highs, WMO says. The world is “way off track” from achieving the emissions cuts needed to limit global warming to safer levels, according to the latest data from the World Meteorological Organisation. Over the last twelve months, global greenhouse gas emissions surged to a new record high, despite the impacts of the Covid-19 pandemic, and 2021 is set to continue that trend. The bleak assessment came as a new report identified Australia as both a laggard and one the world’s highest per capita emitters, with little in the way of detailed policy commitments despite the opportunities and the risks from a lack of action. On Tuesday, the World Meteorological Organisation released its latest Greenhouse Gas Bulletin – less than a week before world leaders converge on Glasgow for the next round of international climate negotiations – and the message is bleak. The global increase in atmospheric carbon dioxide concentrations was largely uninterrupted by the Covid-19 pandemic, surging to a new high of 413.2 parts per million in 2020, and the pace of increase was in line with an average annual increase of 2.4 parts per million observed over the last decade. Concentrations of other greenhouse gases, including methane and nitrous oxide, were also observed to increase to new record levels. 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.
