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 5 March 2018, Renew Economy, Victoria town’s breakthrough deal on network tariffs as it pursues 100% renewables. A small Victorian town that is hoping to achieve 100 per cent renewable energy as early as 2020 has achieved what appears to be a groundbreaking deal on network charges that could pave the way for similar projects around the country. Newstead, a town of less than 1,500 people in central Victoria, has negotiated new network charges with its electricity distributor, Powercor, that will remove some of the hurdles of building a small solar farm and sharing the output with the community. The two-year trial on new network fees will mean that the community can install solar and share the output without being hit by further network charges for each kilowatt they consume. Equally importantly, they appear to break the nexus between lower energy use and soaring grid charges, and will help ensure that everyone benefits from a local renewable energy transition, and not just those who can afford it. The Powercor tariffs – specially constructed for the people of Newstead, but with a broader energy market transition in mind – introduce a fixed daily network charge of $1 day, and a monthly “demand” charge of $2/kW. It completely removes fees based on kilowatt-hour consumption. Tosh Szatow, from energy consultants Energy for the People, which has been advising the Newstead community group, Renewables Newstead, says the new tariffs will have two significant benefits. One is the way it will make community-owned solar farms, and sharing that solar output, more attractive, because it will eliminate the perverse incentive for individuals to preference rooftop solar, over a shared solar farm, despite the latter option having a lower $/kW installed cost. Read More here 28 February 2018, Energy Live News, Project aims to inject hydrogen into UK gas network. A project that aims to inject hydrogen into a gas network in the UK has officially been launched. The HyDeploy project hopes to establish the potential for blending hydrogen – up to 20% by volume – and is working towards a one-year live trial on part of Keele University’s private gas network, starting in 2019. Led by Cadent, formerly National Grid Gas Distribution, in partnership with Northern Gas Networks and technical experts, the project is currently gathering data from laboratory tests and safety checks on gas appliances in customers’ homes. That includes testing appliances with blends of hydrogen, with data to be submitted to the Health and Safety Executive in April. David Parkin, Director of Safety & Network Strategy at Cadent, said: “HyDeploy will provide important practical evidence to help us understand how hydrogen could help to reduce carbon emissions from heat in a practical and affordable way for UK customers.” Source 12 February 2018, Renew Economy, S.A. to host Australia’s first green hydrogen power plant. The South Australia government has announced funding for what will be Australia’s first renewable-hydrogen electrolyser plant – a 15MW facility to be built near the end of the grid at Port Lincoln on the Eyre Peninsula. The “green hydrogen” plant – to be built by Hydrogen Utility (H2U), working with Germany’s thyssenkrupp – will include a 10MW hydrogen-fired gas turbine, fuelled by local wind and solar power, and a 5MW hydrogen fuel cell. Both will supply power to the grid, will support two new solar farms and a local micro-grid, and will also include “distributed ammonia” that can be used as an industrial fertiliser for farmers and aquaculture operators. The $117.5 million project, which will receive a $4.7 million grant and a $7.5 million loan from South Australia’s Renewable Technology Fund, is being described as a “globally-significant demonstrator project” for the emerging hydrogen energy sector. Read More here 12 February 2018, Climate News Network, Hydrogen could see off fossil fuels. Hydrogen is the least talked-about renewable energy but has the greatest potential to replace fossil fuels, both to heat homes and to provide fuel for road transport. The possibility of using hydrogen has been known about for generations, but only in the last two years has it become both practical and financially viable to see it as a large-scale competitor to both gas and oil. Networks of hydrogen filling stations are now being opened in Europe and parts of the US. Batteries for road transport have attracted most of the recent publicity around renewables and have become the focus of many governments with targets for switching away from petrol and diesel, particularly in cities with air pollution problems. But hydrogen has even greater potential because its only emissions are pure water and warm air. Storage potential What has made hydrogen so attractive is that it can use surplus renewable electricity from wind and solar farms by using electrolysers to produce hydrogen. This is a process of passing an electric current through water and converting it into oxygen and hydrogen. The hydrogen can then be stored. Read More here 5 September 2023, The Guardian: Australia has highest per capita CO2 emissions from coal in G20, analysis finds. Australia used twice as much electricity as China on a per capita basis and 48% of it came from coal plants, thinktank says. Australia still emits more greenhouse gas from burning coal on a per capita basis than other G20 countries despite a significant rise in solar and wind energy. While Australia and South Korea have cut per person emissions from coal-fired electricity since 2015 – by 26% and 10% respectively – they continue to release more CO2 than other major economies, according to an analysis by the energy thinktank Ember. China – the world’s biggest annual emitter in absolute terms – ranks third after its per capita emissions from coal power rose by 30% over seven years due to its growth in electricity use outpacing its growth in zero-emissions generation. It has installed 670 gigawatts of renewable energy capacity – about a third of the world’s solar and wind – since 2015. The Ember analysis, released before a G20 leaders’ summit in India starting on Saturday, said Australia used twice as much electricity as China on a per capita basis, and 48% of it came from coal plants. It was down from 64% in 2015 after an influx of solar and wind energy. But Australia’s per capita emissions from coal last year were more than four times the global average. Read more here 15 August 2023, Climate Home news: US sparks controversy by backing oil company’s carbon-sucking plans. The CEO of Occidental Petroleum has said that direct air capture is a way of prolonging the life of the oil industry. The US government has been criticised for plans to hand out up to $500 million to help an oil company suck carbon out of the air in Texas. The Department of Energy announced it would invest in two direct air capture facilities, which will suck the planet-warming gas out of the atmosphere and store it underground. One of those facilities will be built by Occidental Petroleum, whose CEO Vicki Hollub said earlier this year that direct air capture will help “preserve our industry” and get more oil out of the ground. The proper role. The Intergovernmental Panel on Climate Change (IPCC) scientists say the world needs to develop some direct air capture to compensate for the emissions of the hardest to clean up sectors. But IPCC author Glen Peters told Climate Home that Occidental “do not really understand the role of carbon dioxide removal” and Hollub’s views are “not consistent with the science”. Peters said that “in principle” the US government should not have given Occidental this money, although he questioned how such an exclusion could be justified. The $1.2 billion handout. In November 2021, Congress members from the Democrats and Republicans agreed to a Bipartisan Infrastructure Law, which included $1.2 billion for direct air capture hubs. On Friday, they announced that up to $500 million each of this investment would go to Occidental’s hub in Texas and to another center run by air direct capture company Climeworks in Louisiana. Read more here 8 August 2023, Climate Home News: Metals bosses enjoy front row seat at UN deep-sea mining negotiations. Dozens of mining industry representatives joined government negotiating teams at high-stakes United Nations talks charting the future of controversial deep-sea mining last month. Climate Home News identified at least 33 executives and employees of companies directly involved in the nascent deep-sea mining industry on the list of state delegations at the International Seabed Authority (ISA) annual meeting. The little-known UN agency is tasked with setting the rules for the extraction of minerals found on the vast ocean floor in international waters. No such activity is currently taking place at commercial level yet. But this year’s summit came at a pivotal moment, as any member state could now theoretically apply for a mining contract on behalf of a company. That is after a deadline to establish mining rules triggered by the island-nation of Nauru lapsed earlier in July. The meeting pitted a handful of countries pushing for the ISA to introduce regulations and issue permits against a growing coalition calling for a halt to operations until the full environmental impacts are known. Mining companies claim that minerals like nickel and cobalt extracted from polymetallic nodules lying on the seabed are needed in batteries and will help speed up the energy transition. An area of the Pacific Ocean floor known as the Clarion Clipperton Zone, which is under the control of the ISA, contains a high concentration of the golf ball-sized nodules. Read more here 19 May 2023, Climate Homes News: The UAE’s Cop28 presidency has gone all Clint Eastwood this week, by asking The Good, The Bad and The Ugly to be involved in the climate talks. Wearing the white hat on the new 31-member Cop28 advisory board are the likes of Hindou Ibrahim, a climate campaigner from Chad, and Saleemul Huq, who has called fossil fuel exploration a “crime against humanity”. On the other side of the saloon are four fossil fuel executives including Bob Dudley. A new study shows his old firm BP owes $377 billion a year in climate reparations but that is definitely not on the agenda of Cop28 president Sultan Al-Jaber seeing as the company he leads (Adnoc) owes $318 billion a year. Then there’s the downright ugly. The UAE’s ambassador to Syria issued a formal invitation to Bashar al-Assad. A Cop28 spokesperson said they wanted to “have everyone in the room”. Read more here The United Arab Emirates has appointed 31 people, including fossil fuel executives and climate campaigners, to its advisory board for November’s Cop28 climate talks. The group includes the chair of an Indian gas company, the former head of China’s national oil company, the ex-boss of the UK’s BP oil firm and the CEO of an Emirati oil and gas producer. It also features the head of the African climate foundation, a veteran Bangladeshi anti fossil-fuel campaigner and the former president of the climate-threatened Marshall Islands. The UAE government said the board brought together “the climate expertise of thought leaders from countries across six continents”. They said it includes “policy, industry, energy, finance, civil society, youth and humanitarian action” and “will provide guidance and counsel to the Cop presidency in the run up to Cop28 and beyond”. But Oil Change International campaigner Romain Ioualalen told Climate Home: “While there has clearly been an effort to make the advisory committee inclusive and diverse, it is deeply concerning to see oil and gas interests being consulted on how to run negotiations to phase out their products.” Read more here 2 September 2024, The Conversation: ‘It’s time to give up on normal’: what winter’s weird weather means for the warm months ahead. Heavy winds struck south-east Australia over the weekend as a series of cold fronts moved across the continent. It followed a high fire danger in Sydney and other parts of New South Wales last week, and a fire in south-west Sydney that threatened homes. The severe weather rounds out a weird winter across Australia. The nation’s hottest ever winter temperature was recorded when Yampi Sound in Western Australia reached 41.6C on Tuesday. Elsewhere across Australia, winter temperatures have been way above average. We can look to the positives: spring flowers are blooming early, and people have donned t-shirts and hit the beach. But there’s a frightening undercurrent to this weather. Earth’s climate has become dangerously unstable, and it’s only a matter of time before we get the bad combination of hot and dry weather, strong winds and a spark. None of this should come as a surprise. The sooner we stop expecting Australia’s weather to be “normal”, the sooner we can prepare for life in a wild climate. The green is deceiving The landscape around Sydney – and in fact, across much of south-east Australia – is very green at the moment. That’s because we’ve had a couple of years of good rains which triggered an explosion of vegetation growth. The below NASA satellite image reveals the picture in stark detail. It’s certainly lush out there at the moment. But the problem with climate change is that weather conditions can turn on a dime. This August was a case in point. At month’s end, much of Australia was hit by a record-breaking heatwave and damaging winds – conditions that can dry out a green landscape with devastating efficiency, turning it into fuel for a bushfire. The dangerous fire weather that struck Sydney this week came as a surprise to many. But in reality, these abnormal conditions are the new normal. We must open our minds to this, if we want to be prepared. Read more here 21 August 2024, Climate Home News: In a world first, Grenada activates debt pause after Hurricane Beryl destruction. More creditors are agreeing to suspend debt payments in the wake of weather disasters, but experts say greater financial relief will be needed. As Hurricane Beryl swept through the Caribbean in early July, its deadly passage left a trail of destruction across the island nation of Grenada. Winds of up to 240 kilometres per hour flattened entire neighbourhoods and toppled power and communication lines, causing damage equivalent to a third of the country’s annual economic output, according to early government estimates. Many Grenadians cast their minds back 20 years when a similarly powerful storm – Hurricane Ivan – brought the island state to its knees, triggering a vicious circle of financial distress that eventually led to a debt default. But, unlike in 2004, officials this time could deploy a tool that has been widely discussed in climate circles to provide financial help in the wake of fierce storms: hurricane clauses built into its agreements with international creditors. Grenada last week became the first country in the world to use such a provision in a government bond which will allow it to postpone debt repayments to private investors, including US investment firms Franklin Templeton and T. Rowe Price. The move will save the Caribbean island nation a total of around $30 million in payments due this November and in May next year. While the money owed will be added to future bills, in the meantime the cash injection will help fund immediate recovery efforts and keep essential services like healthcare and education running, a senior official in Grenada’s Ministry of Finance told Climate Home. The government is now “in talks” about triggering similar clauses with other creditors. Fighting the debt trap. Grenada’s use of debt suspension clauses will be seen as a litmus test for their effectiveness in shoring up disaster-hit economies, as major international financial institutions like the World Bank promise to offer them more widely to climate-vulnerable countries. Read more here 20 August 2024, The Conversation: The overshoot myth: you can’t keep burning fossil fuels and expect scientists of the future to get us back to 1.5°C. Record breaking fossil fuel production, all time high greenhouse gas emissions and extreme temperatures. Like the proverbial frog in the heating pan of water, we refuse to respond to the climate and ecological crisis with any sense of urgency. Under such circumstances, claims from some that global warming can still be limited to no more than 1.5°C take on a surreal quality. For example, at the start of 2023’s international climate negotiations in Dubai, conference president, Sultan Al Jaber, boldly stated that 1.5°C was his goal and that his presidency would be guided by a “deep sense of urgency” to limit global temperatures to 1.5°C. He made such lofty promises while planning a massive increase in oil and gas production as CEO of the Abu Dhabi National Oil Company. We should not be surprised to see such behaviour from the head of a fossil fuel company. But Al Jaber is not an outlier. Scratch at the surface of almost any net zero pledge or policy that claims to be aligned with the 1.5°C goal of the landmark 2015 Paris agreement and you will reveal the same sort of reasoning: we can avoid dangerous climate change without actually doing what this demands – which is to rapidly reduce greenhouse gas emissions from industry, transport, energy (70% of total) and food systems (30% of total), while ramping up energy efficiency. A particularly instructive example is Amazon. In 2019 the company established a 2040 net zero target which was then verified by the UN Science Based Targets initiative (SBTi) which has been leading the charge in getting companies to establish climate targets compatible with the Paris agreement. But over the next four years Amazon’s emissions went up by 40%. Given this dismal performance, the SBTi was forced to act and removed Amazon and over 200 companies from its Corporate Net Zero Standard. This is also not surprising given that net zero and even the Paris agreement have been built around the perceived need to keep burning fossil fuels, at least in the short term. Not to do so would threaten economic growth, given that fossil fuels still supply over 80% of total global energy. The trillions of dollars of fossil fuel assets at risk with rapid decarbonisation have also served as powerful brakes on climate action. Overshoot: The way to understand this doublethink: that we can avoid dangerous climate change while continuing to burn fossil fuels – is that it relies on the concept of overshoot. The promise is that we can overshoot past any amount of warming, with the deployment of planetary-scale carbon dioxide removal dragging temperatures back down by the end of the century. This not only cripples any attempt to limit warming to 1.5°C, but risks catastrophic levels of climate change as it locks us in to energy and material-intensive solutions which for the most part exist only on paper. To argue that we can safely overshoot 1.5°C, or any amount of warming, is saying the quiet bit out loud: we simply don’t care about the increasing amount of suffering and deaths that will be caused while the recovery is worked on. The way to understand this doublethink: that we can avoid dangerous climate change while continuing to burn fossil fuels – is that it relies on the concept of overshoot. The promise is that we can overshoot past any amount of warming, with the deployment of planetary-scale carbon dioxide removal dragging temperatures back down by the end of the century. This not only cripples any attempt to limit warming to 1.5°C, but risks catastrophic levels of climate change as it locks us in to energy and material-intensive solutions which for the most part exist only on paper. To argue that we can safely overshoot 1.5°C, or any amount of warming, is saying the quiet bit out loud: we simply don’t care about the increasing amount of suffering and deaths that will be caused while the recovery is worked on. Read more here The Conversation, 5 August 2024: Antarctic heat, wild Australian winter: what’s happening to the weather and what it means for the rest of the year. Australia’s south and east have seen freezing temperatures and wild weather this winter. At the same time, the continent as a whole – and the globe – have continued to warm. What’s going on? As ever, it’s hard to pinpoint a single cause for weather events. But a key player is likely an event unfolding high above Antarctica, which itself may have been triggered by a heatwave at surface level on the frozen continent. Here’s what’s happening – and what it might mean for the rest of this year’s weather. When the stratosphere heats up Our story begins in the cold air over Antarctica. July temperatures in the stratosphere, the layer of air stretching between altitudes of around 10 and 50 kilometres, are typically around –80°C. The winds are also very strong, averaging about 300 kilometres per hour in winter. These cold, fast winds loop around above the pole in what is called the stratospheric polar vortex. Occasionally, persistent high air pressure in the lower atmosphere can influence large-scale waves that extend around the globe and up into the stratosphere. There they cause the strong winds to slow down, and the air high above the pole to become much warmer than normal. In extreme situations the stratospheric winds can completely break down, in what is called a “sudden stratospheric warming” event. These events occur every few years in the northern hemisphere, but only one has ever been observed in the south, in 2002 (though another almost happened in 2019). 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.
