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 18 March 2016, Climate News Network, Emissions standstill boosts Paris hopes. The link between global economic growth and emissions growth has been further weakened as greenhouse gas levels show no increase for the second year in succession. The world continued to make progress towards a low-carbon economy during 2015, according to analysis by the International Energy Agency (IEA). It says analysis of preliminary data for the year reveals that global energy-related emissions of carbon dioxide − the largest source of man-made greenhouse gas emissions − showed no increase for the second year in a row.The IEA announcement will be doubly welcome as some Arctic temperatures continue to warm bizarrely. It comes a day after reports from Fort Yukon in Alaska said temperatures there had reached up to 10°C higher than expected for this time of year. Fatih Birol, the IEA’s executive director, said of the emissions report: “The new figures confirm last year’s surprising but welcome news. We now have seen two straight years of greenhouse gas emissions decoupling from economic growth. Landmark agreement “Coming just a few months after the landmark COP21 agreement in Paris, this is yet another boost to the global fight against climate change.” Significantly, the global economy continued to grow in 2015 by more than 3%, which the IEA says is further evidence that the link between economic growth and emissions growth is weakening. In more than 40 years, it says, there have been only four periods in which emissions stood still or fell compared to the previous year. Three of those – the early 1980s, 1992 and 2009 – were associated with global economic weakness. But the recent stall in emissions comes amid economic expansion. According to the International Monetary Fund, global GDP grew by 3.4% in 2014 and 3.1% in 2015. The IEA says global emissions of CO2 stood at 32.1 billion tonnes in 2015, having remained essentially flat since 2013. Its preliminary data suggest that electricity generated by renewables was critical, accounting for around 90% of new electricity generation in 2015. And wind alone produced more than half of new electricity generation. Read More here 17 March 2016, Science Daily, Biogas: The flexible way to greater energy yield. Biogas is an important energy source that plays a central role in the energy revolution. Unlike wind or solar energy, biogas can be produced around the clock. Could it soon perhaps even be produced to meet demand? A team of international scientists, including microbiologists from the Helmholtz Centre for Environmental Research (UFZ), scientists from Aarhus University and process engineers from the Deutsches Biomasseforschungszentrum (DBFZ), have been studying the feasibility of this kind of flexible biogas production. Among their findings, for example, is the discovery that biogas production can be controlled by altering the frequency at which the reactors are fed. If the intervals are longer, more biogas is produced, according to the researchers’ paper in the Applied and Environmental Microbiology journal. Biogas production has long been a valuable technology, as the constant feed of organic raw materials such as energy crops, manure, sewage sludge, catch crops and plant residues helps produce energy around the clock. The ability to produce energy at a constant rate is a clear advantage over other renewable energy sources such as wind or solar energy, which depend on the wind or sun for production. As a result of this ability, Germany currently has around 8,000 biogas plants installed, with a total electricity output of approximately 4,500 megawatts. Around seven percent of the electricity generated in Germany now comes from biomass. It is hoped that even more electricity will be produced from this source in the future. Scientists from the UFZ, the University of Aarhus (Denmark) and the DBFZ succeeded in increasing the production of methane, the most valuable component of biogas, by up to 14 percent… Read More here 15 March 2016, Renew Economy, Hunt caught out on “peak emissions”, but he may have a cheap solution. As new NASA data reveals global temperature records were smashed by a “stunning” margin in the month of February, new research from carbon market analysts RepuTex has found that Australia’s contribution to curbing global warming could be easier and cheaper than we thought. The study, published on Tuesday has found more than half of Australia’s 2030 emissions reduction target able to be met using “cheap and abundant” domestic abatement – debunking the well established policy myth that the lowest-cost path for Australia was to buy cheap international offsets. The conclusion was reached in a new approach to modelling based on what RepuTex has dubbed the “real world supply cost curve”. It found that more than 300 million credits could be created by local Australian companies over the next seven years at around $1-$4 per credit, while more than 500 million credits could be supplied at less than $20. As RepuTex executive director Hugh Grossman told RenewEconomy in a telephone interview on Tuesday, “that’s a lot” – particularly when you consider the government’s calculations that it needs 900 million tonnes of abatement to meet its emissions reduction 2030 target. And it’s significant, he notes, in that it changes the game for how Australian policy might be designed to achieve emissions cuts: using local emissions reductions, at low cost, without relying on international offsets, all while keeping the cost of compliance low for industry……. Indeed, far from encouraging business and industry to cut emissions, federal environment minister Greg Hunt is busy reassuring us all that Australia’s greenhouse gas emissions actually “peaked” 10 years ago. “I believe that we have reached what is sometimes known as peak emissions,” Hunt told ABC Radio’s AM program. “My best estimate is that we are unlikely as a nation ever to surpass [2005 levels] … In my best judgment, the advice, the information from the department, we reached peak emissions in 2005-06 … and the course of history to come for Australia is that we will continue to be below that figure.” The comments – described by Climate Institute CEO John Connor as “extraordinary”, particularly in light of “the enormous credibility gap in the government’s current policies” – were quickly dismissed by Grossman, who says his company’s analysis of the government’s own data shows Australia’s emissions will continue to grow, with “no peak in sight”. Read More here 11 March 2016, Washington Post, United Airlines is flying on biofuels. Here’s why that’s a really big deal. On Friday, United Airlines will launch a new initiative that uses biofuel to help power flights running between Los Angeles and San Francisco, with eventual plans to expand to all flights operating out of LAX. It’s the first time an American airline will begin using renewable fuel for regular commercial operations, and the occasion is part of a bigger movement when it comes to clean transportation in the U.S. The renewable fuel used to power United’s planes will be coming from a Los Angeles refinery operated by AltAir Fuels, which is using the facility to produce both renewable jet fuel and diesel fuel using a technology developed by Honeywell UOP, a major supplier and technology licenser in the petroleum industry. Back in 2013, AltAir and United announced their partnership, in which United will purchase up to 15 million gallons of biofuel over a three-year period. Friday’s launch will be the first application of that agreement. The flights will use a mixture of 30 percent biofuel and 70 percent traditional fuel, and United says that the biofuel will help reduce greenhouse gas emissions by about 60 percent compared with regular fuel. In general, the idea behind renewable fuels is to use a biological source — for example, plant or animal matter — rather than a geological one, like oil. The Honeywell UOP technology that’s being applied at the AltAir refinery can utilize a range of difference sources, from used cooking oil to algae. The technology has been in the works since 2007, when the company was awarded a grant from DARPA to develop green jet fuel, according to Veronica May, vice president and general manager of renewable energy and chemicals at Honeywell UOP. Currently, its technology allows for the production of diesel fuel that can be used in any proportion with existing diesel engines — up to 100 percent. Its jet fuel can replace up to 50 percent of petroleum fuel in existing aircraft. Altogether, both fuels can offer up to about an 80 percent reduction in greenhouse gas emissions compared with traditional fuel, the company says. Read More here 18 October 2017, The Conversation, Federal government unveils ‘National Energy Guarantee’ – experts react. The federal government has announced a new energy policy, after deciding against adopting the Clean Energy Target recommended by chief scientist Alan Finkel. The new plan, called the National Energy Guarantee, will require electricity retailers to make a certain amount of “dispatchable” power available at all times, and also to reduce the electricity sector’s greenhouse emissions by 26% relative to 2005 levels by 2030. The government says it will save the average household up to A$115 a year after 2020, while also ensuring reliability. Below, our experts react to the new policy.Read more: Infographic: the National Energy Guarantee at a glance. Read More here 18 October 2017, Renew Economy, States gobsmacked by lack of detail, research in Turnbull’s NEG. The chances of the Turnbull government getting the approval of the states for its National Energy Guarantee appear remote after a devastating response to the proposal following an emergency phone hook-up on Tuesday. Approval for the states – through the COAG process – is apparently critical for the Coalition to implement the plan, because it requires changes to the National Electricity Rules. But in a testy phone-hook up between Frydenberg and the state energy ministers, the federal Coalition admitted it had no details, no modelling – and all it had to show for what it describes as “breakthrough moment” was a press release and an eight-page letter from the Energy Security Board. State representatives said they were gobsmacked by the sheer front and incompetence. “I’ve never seen anything like it,” said one. “We would be ripped apart if we tried something like that.” Queensland energy minister Mark Bailey was dismissive of the lack of detail. “The detail is threadbare and it would be irresponsible to set the nation’s energy policy based on a short letter which is all we’ve been given.” (Read Bruce Mountain’s account for an explanation as to how this policy farce may have come about). It is particularly ironic because the federal Coalition needs the state approval, yet Frydenberg told the state energy ministers that the states would be relied on to do the heavy lifting to meet the various targets. Read More here 12 October 2017, WIRED, The Dirty Secret of the World’s Plan to Avert Climate Disaster. IN 2014 HENRIK Karlsson, a Swedish entrepreneur whose startup was failing, was lying in bed with a bankruptcy notice when the BBC called. The reporter had a scoop: On the eve of releasing a major report, the United Nation’s climate change panel appeared to be touting an untried technology as key to keeping planetary temperatures at safe levels. The technology went by the inelegant acronym BECCS (Bio-Energy with Carbon Capture and Storage), and Karlsson was apparently the only BECCS expert the reporter could find. Karlsson was amazed. The bankruptcy notice was for his BECCS startup, which he’d founded seven years earlier after an idea came to him while watching a late-night television show in Gothenburg, Sweden. The show explored the benefits of capturing carbon dioxide before it was emitted from power plants. It’s the technology behind the much-touted notion of “clean coal,” a way to reduce greenhouse gas emissions and slow down climate change…..But here’s where things get weird. The UN report envisions 116 scenarios in which global temperatures are prevented from rising more than 2°C. In 101 of them, that goal is accomplished by sucking massive amounts of carbon dioxide from the atmosphere—a concept called “negative emissions”—chiefly via BECCS. And in these scenarios to prevent planetary disaster, this would need to happen by midcentury, or even as soon as 2020. Like a pharmaceutical warning label, one footnote warned that such “methods may carry side effects and long-term consequences on a global scale.” …… Still, negative emissions are not mentioned in the Paris Climate Agreement or a part of formal international climate negotiations. As Peters and Geden recently pointed out, no country mentions BECCS in its official plan to cut emissions in line with Paris’s 2°C goal, and only a dozen mention carbon capture and storage. Politicians are decidedly not crafting elaborate BECCS plans, with supply chains spanning continents and carbon accounting spanning decades. So even if negative emissions of any kind turns out to be feasible technically and economically, it’s hard to see how we can achieve it on a global scale in a scant 13 or even three years, as some scenarios require. Read More here 10 October 2017, The Conversation Government’s energy plan still under wraps while Abbott shouts his from afar. Speaking in a light and bright FM radio interview on Tuesday, Malcolm Turnbull said that in politics, “just being chilled, calm is very important. A little bit of zen goes a long way.” He was answering a question about himself. But those with a stake in energy policy might be feeling a rather desperate need to dip into their own zen reserves right now. The government hates the suggestion its policy process looks chaotic, and insists there is “a plan”. “The good news is that we have learned the lessons of the past, we know where we are going and we have a comprehensive plan to get there,” Energy Minister Josh Frydenberg told The Australian Financial Review’s energy summit. But what the core feature of the plan is has yet to be revealed, and this week has added to the public confusion. The AFR’s two-day forum, which seemed to have everyone who is anyone in the field, provided a stage for the latest episode in the policy saga. Frydenberg’s Monday speech was widely seen as the government walking away from the clean energy target proposed by Chief Scientist Alan Finkel. The justification was the falling price of renewables, obviating the need for future subsidies. No surprise perhaps, because despite some initial enthusiasm from Turnbull and Frydenberg, the crab-walk back, under the pressure of the naysayers in Coalition ranks, had been apparent for some time. But here it was happening with Finkel himself in the room, as one of the conference speakers. Read More here 3 March 2022, The Conversation: After the floods comes underinsurance: we need a better plan. The floods affecting Australia’s eastern seaboard are a “1 in 1,000-year event”, according to New South Wales Premier Dominic Perrottet. But that’s not what science, or the insurance industry, suggests. Throughout Australia in areas prone to fires, cyclones and floods, home owners and businesses are facing escalating insurance costs as the frequency and severity of extreme weather events increase with the warming climate. Premiums have risen sharply over the past decade as insurers count the cost of insurance claims and factor in future risks. The latest report from the Intergovernmental Panel on Climate Change, published this week, predicts global warming of 1.5℃ will lead to a fourfold increase in natural disasters. Rising insurance premiums are creating a crisis of underinsurance in Australia. In 2017 the federal government tasked the Australian Competition and Consumer Commission to investigate insurance affordability in northern Australia, where destructive storms and floods are most common. The commission delivered its final report in 2020. It found the average cost of home and contents insurance in northern Australia was almost double the rest of Australia – $2,500 compared with $1,400. The rate of non-insurance was almost double – 20% compared with 11%. Read more here 28 February 2022, The Conversation: New IPCC report shows Australia is at real risk from climate change, with impacts worsening, future risks high, and wide-ranging adaptation needed. Climatic trends, extreme conditions and sea level rise are already hitting many of Australia’s ecosystems, industries and cities hard.As climate change intensifies, we are now seeing cascading and compounding impacts and risks, including where extreme events coincide. These are placing even greater pressure on our ability to respond. While the work of adaptation has begun, we have found the progress is uneven and insufficient, given the risks we face. These findings are from our work as co-authors of the new Australia and New Zealand chapter in the Intergovernmental Panel on Climate Change 6th Assessment Report on Impacts, Vulnerability and Adaptation, released today. What does the report mean for Australia? This new report represents the efforts of over 270 climate change experts to review and synthesise the latest information. These authors collectively examined over 34,000 peer reviewed publications about how climate change is affecting ecosystems and societies, future risks, adaptation enablers and limits, and links to climate resilient development. Climate change is bringing hotter temperatures, more dangerous fire weather, more droughts and floods, higher sea levels, and drier winter and spring months to southern and eastern Australia, amongst other changes. These changes are increasing the pressure on our natural environment, settlements, infrastructure and economic sectors including agriculture, finance and tourism. In low-lying areas along our coasts, where so many Australians live, homes, infrastructure and ecosystems will be lost to the rising sea if mitigation and adaptation are inadequate. Read more here 24 February 2022, The Conversation: Climate change is warping our fresh water cycle – and much faster than we thought. Fresh water cycles from ocean to air to clouds to rivers and back to the oceans. This constant shuttling can give us the illusion of certainty. Fresh water will always come from the tap. Won’t it? Unfortunately, that’s not guaranteed. Climate change is shifting where the water cycle deposits water on land, with drier areas becoming drier still, and wet areas becoming even wetter. Our research published today in Nature has found the water cycle is changing faster than we had thought, based on changes in our oceans. This concerning finding underlines the ever more pressing need to end the emissions of gases warming the atmosphere before the water cycle changes beyond recognition. If this sounds serious, it is. Our ability to harness fresh water makes possible modern society. The water cycle has already changed As the Earth warms up, the water cycle has begun to intensify in a “wet-gets-wetter-dry-gets-drier” pattern. This means more and more freshwater is leaving dry regions of the planet and ending up in wet regions. Read more here 14 January 2022, The Conversation, This WA town just topped 50℃ – a dangerous temperature many Australians will have to get used to. While Australians are used to summer heat, most of us only have to endure the occasional day over 40℃. Yesterday though, the temperature peaked at 50.7℃ in Onslow, a small Western Australian town around 100km from Exmouth. Remarkably, the town sits right next to the ocean, which usually provides cooling. By contrast, the infamously hot WA town of Marble Bar has only reached 49.6℃ this summer, despite its inland location. If confirmed, the Onslow temperature would equal Australia’s hottest on record set in Oodnadatta, South Australia, in January 1960. It would also mark only the fourth day over 50℃ for an Australian location since reliable observations began… Even if we keep global warming below 2℃ in line with the Paris Agreement, we can still expect to see our first 50℃ days in Sydney and Melbourne in coming years. In January 2020 the Western Sydney suburb of Penrith came very close, reaching 48.9℃. 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.
