What you will find on this page: LATEST NEWS; Fossil fuel emissions have stalled; 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 2 August 2016, Renew Economy, South Australia takes on networks over soaring grid charges. The South Australia government has decided to take on the monopoly electricity network operator in the state as it continues its campaign against the market dominance of the powerful energy oligopoly, and their ability to pass on huge price increases to consumers that are often blamed on wind and solar. Network costs in South Australia – like most of the country – account for more than half the average household bill. Consumers were hoping to get some relief after the Australian Energy Regulator knocked back some of the planned spending by SA Power Networks, but its ruling is now being challenged in court. Energy minister Tom Koutsantonis says he will send a senior public servant to appear before the Australian Competition Tribunal this week, accusing SAPN of “cherry picking” individual spending decisions from the AER in the hope of boosting its overall spending allowance. It’s a crucial intervention by the state government, and comes amid huge public controversy over its ambitious renewable energy plans, and the already high penetration of wind and solar that could reach 50 per cent by the end of the year. Recent high wholesale electricity prices have been blamed by many in the Coalition, and the Murdoch media, on the state’s reliance on renewables, even though most independent analysts and market regulators blame soaring gas prices, grid constraints, and other factors. South Australia has long had the highest electricity prices in the country, a point underlined by federal energy minister Josh Frydenberg last week, who also pointed out that the recent spikes in wholesale prices used to be a regular event even before the build out of large wind farms and rooftop solar. Read More here 28 July 2016, Renew Economy, Energy minister right on renewables and climate, wrong on gas. The new energy and resources minister Josh Frydenberg has indicated a significant shift in energy policy for the Coalition. He correctly notes that renewables alone are not to blame for recent high electricity prices in South Australia. Unlike the new federal minister for resources, Matthew Canavan, Mr Frydenberg accepts mainstream climate science and the fact that humanities actions are driving global warming. He says that we need a diversified energy mix, that the national Renewable Energy Target (RET) is ‘set in stone’ – which will stabilise the investment environment for renewables, and has ruled out further tax payer subsidies for fossil fuel generation. These moves are all to be welcomed. And while Frydenberg is a long standing supporter of nuclear power, he acknowledges that our country should not move towards domestic use of uranium unless there is ‘bipartisan support’. It is difficult to imagine the majority of Australians would ever support a domestic nuclear reactor. However, Frydenberg is profoundly out of step with the community in calling for an end to the current moratoriums on unconventional gas. In Victoria, 73 regional communities have declared themselves ‘gasfield free’. While these declarations have no legal standing, they indicate deep seated opposition to fracking and drilling by communities. Most of the declared areas are in Coalition held seats and advocacy by the federal minister for state governments to lift the ban will damage the Coalition’s credibility in its core consistency. Further, with a well managed national electricity grid and diversity of renewable sources plus enhanced use of storage technologies (including existing hydro dams) gas is not needed as back up for wind and solar. The argument that gas is a bridging and back-up fuel is out dated. We now have 21st century renewable technology which can meet our electricity needs. Read More here 25 July 2016, IOP SCience: Readily implementable techniques can cut annual CO2 emissions from the production of concrete by over 20%. Due to its prevalence in modern infrastructure, concrete is experiencing the most rapid increase in consumption among globally common structural materials; however, the production of concrete results in approximately 8.6% of all anthropogenic CO2 emissions. Many methods have been developed to reduce the greenhouse gas emissions associated with the production of concrete. These methods range from the replacement of inefficient manufacturing equipment to alternative binders and the use of breakthrough technologies; nevertheless, many of these methods have barriers to implementation. In this research, we examine the extent to which the increased use of several currently implemented methods can reduce the greenhouse gas emissions in concrete material production without requiring new technologies, changes in production, or novel material use. This research shows that, through increased use of common supplementary cementitious materials, appropriate selection of proportions for cement replacement, and increased concrete design age, 24% of greenhouse gas emissions from global concrete production or 650 million tonnes (Mt) CO2-eq can be eliminated annually. Research Paper: Read More here 20 July 2016, CSIRO Blog, Supersonic magnesium. It’s used to make our smartphones and cars, and it makes our fireworks go off with a brilliant bang. It’s the third most commonly used structural metal and comprises 2% of Earth’s crust. We are of course talking about magnificent magnesium. Why do we think it’s so magnificent? Well, when magnesium is mixed with other metals it makes stable, super-strong alloys. Not only are these alloys used in our mobile phones and laptops, they are also highly sought after by car manufacturers who are turning to the metal as a solution for making lightweight, low-emission vehicles. Australia is sitting in the driver’s seat to deliver new, improved, ‘supersonic’ magnesium metal and take advantage of our vast untapped reserves of magnesite. So we’ve decided to take the wheel and develop an innovative technology, known as MagSonic, which produces magnesium using up to 80 per cent less energy and up to 60 per cent less carbon dioxide emissions than traditional processes. The process involves heating magnesia (magnesium oxide) with carbon to extreme temperatures to produce magnesium vapour and carbon monoxide. The gases are then passed through a supersonic nozzle – similar to a rocket engine – at four times the speed of sound. This cools the gases in milliseconds, condensing and solidifying the magnesium vapour to magnesium metal. Read More here 16 February 2018, The Guardian, It’d be wonderful if the claims made about carbon capture were true. The International Energy Agency warned this week that, under current energy policies, Australia is unlikely to meet its 2030 climate commitments. While the agency had lots to say about the plunging costs of renewables and the need for strong market signals to encourage the retirement of old and inefficient coal generation, Josh Frydenberg, the federal environment and energy minister, seized on the agency’s support for carbon capture and storage (CCS) – despite the technology’s long history of big promises and meagre results. Last April, Frydenberg visited the newly opened Petra Nova CCS project in Texas. In a video posted to social media the minister, decked out in the obligatory hi-vis vest and hard hat, yells above the noise that the $1bn project is “helping to reduce the carbon footprint by some 40%”. It’d be wonderful if it were true. An estimated 6.2% of the Petra Nova power station’s emissions are captured, compressed and then piped 130km to help extract stubborn oil out of a depleted oil field. In the process, an estimated 30% of the carbon dioxide leaks back into the atmosphere, not to mention the emissions that will ultimately be released when the extracted oil is consumed. Last month, the Minerals Council of Australia was spruiking the “21 large-scale CCS facilities in operation or under construction around the world including in Canada and Texas”. Sounds impressive, if you still trust the MCA’s spin. You shouldn’t – 19 of the 21 projects have nothing to do with coal; there are exactly two “large scale” coal CCS projects globally. And, no, they’re not large. The Canadian project, Boundary Dam, has averaged only 0.591 million tonnes of carbon dioxide over each of its first three years. The $1.5bn project would need to be scaled up 31 times to capture the emissions of New South Wales’s Bayswater power station – an inconceivable investment. Read More here 30 January 2018, Te Conversation, Explainer: power station ‘trips’ are normal, but blackouts are not. Tens of thousands of Victorians were left without power over the long weekend as the distribution network struggled with blistering temperatures, reigniting fears about the stability of our energy system. It comes on the heels of a summer of “trips”, when power stations temporarily shut down for a variety of reasons. This variability has also been used to attack renewable energy such as wind and solar, which naturally fluctuate depending on weather conditions. The reality is that blackouts, trips and intermittency are three very different issues, which should not be conflated. As most of Australia returns to school and work in February, and summer temperatures continue to rise, the risk of further blackouts make it essential to understand the cause of the blackouts, what a power station “trip” really is, and how intermittent renewable energy can be integrated into a national system. Read More here 29 January 2018, Renew Economy, Victorian networks blow a fuse in heatwave – Coalition blows its mind on Twitter. Conservatives love a summer blackout. And with two-thirds of peak blackout season already gone, they were not going to miss the opportunity presented by last night’s outages across Victoria to point the finger at renewable energy, the state Labor government’s support of renewables, and most of all last year’s closure of the privately owned Hazelwood coal-fired power plant. The only slight hitch in this ingenious plan is that none of the above had anything at all to do with it. On Sunday, the state reached record grid demand for a Sunday in the midst of the heatwave, but around 55,000 Victorians suffered without power at various times on Sunday evening – and many continue to do so on Monday – after faults across the state’s distribution networks. As explained by the Energy Networks Association, the assorted network companies, and the Australian Energy Market Operator, the blackouts were caused by faults in the *delivery* of the electricity – and not the *supply* or generation of it. That is, as absolutely everyone in the state turned their air conditioners up to 11 to cope with temperatures hovering around 40°C – and an overnight low of around 30°C – the state’s “poles and wires” (mostly substation fuses) systems were overwhelmed by demand that peaked at around 9,144MW: “the highest operational demand for a Sunday, ever,” says AEMO. Read More here 22 January 2018, The Guardian, Lloyd’s of London to divest from coal over climate change. Firm follows other big UK and European insurers by excluding coal companies from 1 April. Lloyd’s of London, the world’s oldest insurance market, has become the latest financial firm to announce that it plans to stop investing in coal companies. Lloyd’s will start to exclude coal from its investment strategy from 1 April. The definition of what is a coal company and the criteria for divestment will be set over the coming months. The firm has long been vocal about the need to battle climate change, with insurance one of the worst affected industries by hurricanes, wildfires and flooding in recent years. The insurance market decided last month to implement a coal exclusion policy as part of a responsible investment strategy for the central mutual fund that sits behind every insurance policy written by the Lloyd’s market. Inga Beale, Lloyd’s of London chief executive, said: “That means that in the areas of our portfolio where we can directly influence investment decisions we will avoid investing in companies that are involved mainly in coal. “Is there more the insurance sector could be doing to help the world transition to a low-carbon economy by choosing sustainable or low-carbon stocks?” Lloyd’s does not underwrite operations directly, but offers a marketplace to almost 90 syndicates of other insurers. Lloyd’s has been slower to take action than others. Other big UK and European insurance companies, including Aviva, Allianz, Axa, Legal & General, SCOR, Swiss Re and Zurich, have been shifting away from coal and other fossil fuels due to concerns about climate risks. About £15bn has been divested by insurers in the past two years, according to a recent report from Unfriend Coal Network, a global coalition of NGOs and campaigners including 350.org and Greenpeace. It said 15 companies – almost all in Europe – have fully or partially cut financial ties by selling holdings in coal companies and refusing to insure their operations. Read More here 25 November 2022, The Cnversation: ‘This case has made legal history’: young Australians just won a human rights case against an enormous coal mine. In a historic ruling today, a Queensland court has said the massive Clive Palmer-owned Galilee Basin coal project should not go ahead because of its contribution to climate change, its environmental impacts, and because it would erode human rights. The case was mounted in 2020 by a First Nations-led group of young people aged 13 to 30 called Youth Verdict. It was the first time human rights arguments were used in a climate change case in Australia. The link between human rights and climate change is being increasingly recognised overseas. In September this year, for example, a United Nations committee decided that by failing to adequately address the climate crisis, Australia’s Coalition government violated the human rights of Torres Strait Islanders. Youth Verdict’s success today builds on this momentum. It heralds a new era for climate change cases in Australia by youth activists, who have been frustrated with the absence of meaningful federal government policy. Read more here 16 November 2022, The Conversation: Climate change will clearly disrupt El Niño and La Niña this decade – 40 years earlier than we thought. You’ve probably heard a lot about La Niña lately. This cool weather pattern is the main driver of heavy rain and flooding that has devastated much of Australia’s southeast in recent months. You may also have heard of El Niño, which alternates with La Niña every few years. El Niño typically brings drier conditions to much of Australia. Together, the two phases are known as the El Niño-Southern Oscillation – the strongest and most consequential factor driving Earth’s weather. And in recent years there has been much scientific interest in how climate change will influence this global weather-maker. Our new research, released today, sheds light on the question. It found climate change will clearly influence the El Niño-Southern Oscillation by 2030 – in just eight years’ time. This has big implications for how Australians prepare for extreme weather events. Read more here 3 November 2022, The Conversation: Australia relies on controversial offsets to meet climate change targets. We might not get away with it in Egypt. It’s small wonder a major fossil fuel producer like Australia has relied so heavily on carbon offsets. Plant new forests – or say you will avoid clearing old ones – and you can keep approving new gas and coal developments. This year, whistleblower Professor Andrew McIntosh claimed up to 80% of these offsets weren’t real. They didn’t actually offset emissions. In Australia, renewables are the only real source of emission reduction. The rest of the economy is set to slowly increase emissions. But what matters is actually reducing how many tonnes of heat-trapping greenhouse gases go up into the sky and add to the 2.5 trillion tonnes of CO2 humans have already emitted – of which more than a trillion tonnes remain in the atmosphere. Last year, carbon dioxide and methane levels hit new highs. Offsets measure how much carbon is soaked up by, say, a reforestation project. As the saplings grow, they store carbon. Offsets are a way to theoretically package up this stored carbon – or emissions claimed to have been avoided by not deforesting an area of land – and sell it to companies who would like to keep pumping out emissions equal to the amount stored in new forests. You can quickly see the problem. Who’s checking to see if these forests were planted – or if they were going to be planted anyway? Are emission reductions or storage real – and additional to what would otherwise have happened? Read more here 1 October 2022, Real Climate, New misguided interpretations of the greenhouse effect from William Kininmonth. I have a feeling that we are seeing the start of a new wave of climate change denial and misrepresentation of science. At the same time, CEOs of gas and oil companies express optimism for further exploitation of fossil energy in the wake of Russia’s invasion of Ukraine, at least here in Norway. Another clue is William Kininmonth’s ‘rethink’ on the greenhouse effect for The Global Warming Policy Foundation. He made some rather strange claims, such as that the Intergovernmental Panel on Climate Change (IPCC) allegedly should have forgotten that the earth is a sphere because “most absorption of solar radiation takes place over the tropics, while there is excess emission of longwave radiation to space over higher latitudes”. What he hasn’t understood is that the IPCC merely assesses published climate research, much of which is conducted with global climate models that indeed treat the earth as a sphere. This lack of knowledge is surprising from a man who, according to the biography, joined the Australian Bureau of Meteorology in 1960, and retired in 1998 as head of the National Climate Centre. Read more here 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. 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.
