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 18 August 2015, The Guardian, Abbott government war on green ‘saboteurs’ is Laurel and Hardy slapstick. The Coalition’s ‘war on environmental vigilantes and saboteurs’ isn’t consistent: it’s waged against anti-coal activists but in support of anti-windfarm activists. Even for the Abbott government the inconsistencies in the latest “war on environmental vigilantes and saboteurs” are astonishing. And the slapstick nature of its attempt to use the issue as a political wedge is up there with Laurel and Hardy. When an environment group successfully uses 16 year-old national environmental laws to delay a project, the Abbott government tries to change the law to prevent them from ever doing it again. But if an anti-windfarm group can’t find a way to use existing laws and regulations to stop or delay a project, the Abbott government tries to change laws and processes to make it easier for them to succeed. The first is called green “vigilantism” and “sabotage” and the second is, according to environment minister Greg Hunt, a reasonable response because “many people have a sense of deep anxiety, and they have a right to complain.” The government calls regulations that stop fossil fuel or mining projects “green tape”, but a wind commissioner and yet another scientific committee to look at unsubstantiated health complaints regarding wind turbines is apparently no kind of “tape” at all. Read More here 18 August 2015, The Conversation, The government vs the environment: lawfare in Australia. A key feature of authoritarianism is that the government is above the law – it is not accountable to the people for its actions. In contrast, under a democratic system, the rule of law means that the government is constrained by law and can be held accountable by the people. This is particularly pertinent to the move by Attorney-General George Brandis to restrict green groups from challenging major developments under federal law, a direct response from this month’s successful appealagainst the approval of the controversial Carmichael coal mine, being developed by the Adani Group, on environmental grounds.Brandis plans to repeal section 487(2) of the Environmental Protection and Biodiversity Act and “return (it) to the common law”. His actions follow comments by Prime Minister Tony Abbott and Trade Minister Andrew Robb. Read More here 11 August 2015, Renew Economy, Solar undercuts coal in India, as another bank quits Adani mega-mine. Another week, another couple of nails hammered into the coffin for the Australian coal mining and export plans of Indian conglomerate, Adani Group. The first came with the news on Monday night that Standard Chartered – one of the largest investment banks in the UK – has become the latest international financier to withdraw its support for the development of one of the largest new coal mines in the Southern Hemisphere, in Queensland’s Galilee Basin. In a statement released on Monday, Standard Chartered said both parties – the bank and Adani – had agreed to end the bank’s role in the Carmichael coal mine after an ongoing review of its feasibility and delays experienced by Adani in getting project approvals. Read More here 7 August 2015, Renew Economy, Coal industry assets are the penny dreadfuls of new economy. They used to be known as penny dreadfuls – the highly speculative stocks that became the playthings of the mining boom of the 1960s and 1970s and what followed. And judging by the moniker accorded them, they were mostly bad outcomes. The currency units might have changed, but it seems that the moniker still applies – not just to speculative mining stocks with tall tales of mythical or unobtainable ore bodies, but to the thermal coal industry, with equally tall tales of a long-term market for its commodity. And it seems that one dollar, a greenback, or even just one euro can go an awfully long way in the coal industry these days. In Australia, it can buy you a mine that just three years ago was valued at $860 million. Brazilian miner Vale and Japan’s Sumitomo Corp have just sold the Isaac Plains coking-coal mine in Queensland to Stanmore Coal for a single dollar. Sumitomo bought a half stake for $A430 million in 2012. In Germany, one euro can buy you a share in a brand new, never used, 1.6GW coal-fired generator in Hamm. RWE has offered to pay €1 to the 23 municipalities for their share of the $4 billion facility that not only faces major technical issues, but it is also effectively redundant and not needed in a country now more dependent on renewable energy. Still, the Abbott government doesn’t get it. Environment minister Greg Hunt has launched an extraordinary attack on the environmental groups that have fought the Carmichael mine. Abbott himself told The Australian on Friday that environmental groups were “sabotaging” the coal industry through protests and court action. Which might explain why the Abbott government is keen to support the mining lobby, which has forced a parliamentary inquiry into whether environmental NGO’s should be allowed to receive tax deductible donations. “As a country we must, in principle, favour projects like this (Carmichael),” the Prime Minister told The Australian. “This is a vitally important project for the economic development of Queensland and it’s absolutely critical for the human welfare literally of tens of millions of people in India.” Not so much a triumph of hope over reality, but a stunning disregard for environmental impacts and market forces. If Abbott were to put money into Carmichael – as his government has signalled it might, via its northern infrastructure development fund – it would be an act of absolute recklessness, and make even the proverbial lift boy look like an investment genius. Read More here 5 October 2016, The Guardian, SA blackout due to ‘transmission system faults’ in extreme weather, report finds. Energy economist says preliminary report makes clear South Australian event was ‘a transmission failure, not a generation failure’. The Australian Energy Market Operator has pointed to South Australia’s extreme weather last week as the prime cause of “multiple transmission system faults”resulting in a statewide blackout. In a preliminary report the regulator cites severe weather as the factor triggering the transmission system failures “including, in the space of 12 seconds, the loss of three major 275kV transmission lines north of Adelaide.” In addition to the transmission lines, Aemo notes in the late afternoon, after “multiple faults in a short period”, 315mW of wind generation disconnected, which affected the region north of Adelaide. It says that uncontrolled diminution in power generation “increased the flow on the main Victorian interconnector [Heywood] to make up the deficit, and resulted in the interconnector overloading”. The overload of the Heywood interconnector tripped the system, which caused the blackout. Read more here 4 October 2016, The Conversation, South Australian blackout: renewables aren’t a threat to energy security, they’re the future. In the wake of South Australia’s wild weather and state-wide blackout, both Prime Minister Malcolm Turnbull and Energy Minister Josh Frydenberg have emphasised the importance of energy security. Turnbull stated that the blackout was a wake-up call, suggesting that reliance on renewables places very different strains and pressures on a grid than traditional coal-fired power. The assumption that these politicians and others are working off is that South Australia’s wind industry has reduced the state’s energy security. But do these politicians really know what energy security means in a modern energy landscape? The baseload question. Baseload power is an economic term that refers to power sources that consistently generate electrical power, therefore meeting minimum demand. The minimum demand for electrical power from an electrical grid is referred to as the baseload requirement. The underlying assumption is that the only way of supplying baseload electricity demand is by means of power stations, such as those fired by coal, that operate at full power all day and night. This is a widely held belief in Australia. A former Australian industry minister, Ian Macfarlane, claimed at a uranium industry conference that the only serious alternative way that baseload power can be produced is by hydro and nuclear. But this is not entirely true. In 2014 South Australia got 39% of its electricity from renewable energy (33% wind plus 6% solar). Consequently, the state’s coal-fired power stations have become redundant. Read More here 29 September 2016, The Conversation, Putting carbon back in the land is just a smokescreen for real climate action: Climate Council report. Just as people pump greenhouse gases into the atmosphere by burning fossil fuels, the land also absorbs some of those emissions. Plants, as they grow, use carbon dioxide and store it within their bodies. However, as the Climate Council’s latest report shows, Australia’s fossil fuels (including those burned overseas) are pumping 6.5 times as much carbon into the atmosphere as the land can absorb. This means that, while storing carbon on land is useful for combating climate change, it is no replacement for reducing fossil fuel emissions. Land carbon is the biggest source of emission reductions in Australia’s climate policy centrepiece – the Emissions Reduction Fund. This is smoke and mirrors: a distraction from the real challenge of cutting fossil fuel emissions.Land carbon Land carbon is part of the active carbon cycle at the Earth’s surface. Carbon is continually exchanging between the land, ocean and atmosphere, primarily as carbon dioxide. In contrast, carbon in fossil fuels has been locked away from the active carbon cycle for millions of years. Carbon stored on land is vulnerable to being returned to the atmosphere. Natural disturbances such as bushfires, droughts, insect attacks and heatwaves, many of which are being made worse by climate change, can trigger the release of significant amounts of land carbon back to the atmosphere. Changes in land management, as we’ve seen in Queensland, for example, with the relaxation of land-clearing laws by the previous state government, can also affect the capability of land systems to store carbon. Burning fossil fuels and releasing CO₂ to the atmosphere thus introduces new and additional carbon into the land-atmosphere-ocean cycle. It does not simply redistribute existing carbon in the cycle. Read More here 29 September 2016, Renew Economy, Coalition launches fierce attack against wind and solar after blackout. The Coalition government launched a ferocious attack against wind and solar energy after the major South Australian blackout, even though energy minister Josh Frydenberg and the grid operators admit that the source of energy had nothing to do with catastrophic outage. Frydenberg, however, lined up with prime minister Malcolm Turnbull, deputy prime minister Barnaby Joyce, One Nation’s Malcolm Roberts, independent Senator Nick Xenophon and a host of conservative commentators, including Andrew Bolt, Alan Moran, the ABC’s Chris Ullmann, and Fairfax’ Brian Robins to exploit the blackout to question the use of renewable energy. Frydenberg used the blackout to continue his persistent campaign against the renewable energy targets of state Labor governments in South Australia, Victoria and Queensland, saying that the blackout was proof that these targets were “unrealistic.” He made clear that he wanted the states – South Australia and Queensland which are pushing for 50 per cent renewable energy, and Victoria 40 per cent – to abandon their schemes and conform to the federal target, which has target of about 23.5 per cent renewables. The federal scheme effectively ends in 2020, while the state based schemes provide longer term investment signals by providing a 2025 and 2030 time frames. “These states are pursuing these unrealistic targets ,” Frydenberg told ABC’s AM program. “My job is to try and get these states to the table … only the Commonwealth, with 23.5%, is a realistic target.” His comments were later repeated by Turnbull,who accused state Labor governments for imposing “ideological” renewable energy targets, describing the South Australian blackout as a “wake-up call” to focus on energy security. (It should be noted that South Australia’s wind fleet was built via the federal target, which is a bipartisan policy between the Coalition and Labor. It has a state target, but it is aspirational only, it has no particular state measures). Turnbull said there was “no doubt” that the “extremely aggressive” shift to renewables had strained the electricity network. Read More here 25 January 2021, Renew Economy, One year after “Black Summer” bushfire crisis, media misinformation still burns. During Australia’s Black Summer bushfire crisis, misinformation raged alongside the flames. Large media outlets pushed the line that the sheer intensity of the crisis could be explained by a sudden surge in arson attacks, using an inflated number that simply kept growing in size. This falsehood was presented as a counter to the widespread assumption that climate change had played a major role in making that bushfire season so wildly catastrophic and unusual. That misinformation was eventually firmly debunked. About 0.09% of the fires in New South Wales were found to be deliberately lit, and all of these were minor spot fires, found the NSW Royal Commission report, and the federal equivalent firmly pins climate change as a major cause. Much of the initial misinformation was driven by 7 News Australia, first with a post claiming the following: Read more here 13 January 2021, The Conversation, Worried about Earth’s future? Well, the outlook is worse than even scientists can grasp. Anyone with even a passing interest in the global environment knows all is not well. But just how bad is the situation? Our new paper shows the outlook for life on Earth is more dire than is generally understood. The research published today reviews more than 150 studies to produce a stark summary of the state of the natural world. We outline the likely future trends in biodiversity decline, mass extinction, climate disruption and planetary toxification. We clarify the gravity of the human predicament and provide a timely snapshot of the crises that must be addressed now. The problems, all tied to human consumption and population growth, will almost certainly worsen over coming decades. The damage will be felt for centuries and threatens the survival of all species, including our own. Our paper was authored by 17 leading scientists, including those from Flinders University, Stanford University and the University of California, Los Angeles. Our message might not be popular, and indeed is frightening. But scientists must be candid and accurate if humanity is to understand the enormity of the challenges we face. Read more here 13 January 2021, ABC: As the Arctic melts, a regime shift is taking place. The Arctic is changing faster than any environment on Earth. The old order is being swept away, leaving scientists to ask: What’s coming in its place? Where there was once ice, there is now open ocean. Milky swirls of plankton, hundreds of kilometres in length, now bloom where polar bears once roamed. It is a spectacular sight looking down from space. The Arctic is exploding with new life — but not as we know it. Microscopic phytoplankton is the foundation of the marine food chain. It has increased in abundance in the Arctic by more than 50 per cent since the 1990s. Last August, plankton numbers in the seas north of Siberia increased by 600 per cent. Read more here
9 December 2020 Renew Economy At this weekend’s climate summit, no one will be perfect but Australia will be awful. Timing never really seems to work out for Australia’s government. This Saturday, there will be a relatively big “Climate Ambition Summit”, held on the fifth anniversary of the Paris climate agreement. It’s hosted by UK Prime minister Boris Johnson and UN Secretary-General António Guterres, and governments will be “invited to present more ambitious and high-quality climate plans, as well as COVID recovery plans, new finance commitments and measures to limit global warming to 1.5C”. On Monday, Germanwatch’s ‘Climate Change Performance Index’ (CCPI) released a new report, placing Australia a cool 54th out of 61 (with the first three spots left blank due to no country fitting the bill, and the US coming dead last). Australia came 52nd for greenhouse gas emissions and renewable energy (though Australia has a high install rate for renewables, it’s insufficient for 2030 1.5C targets), 51st in energy use and 60th (second last, behind the US) in the climate policy rankings (The Australian Conservation Foundation, Doctors for the Environment Australia and the Australia Institute were the contributors to the report, for Australia). 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.
