What you will find on this page: LATEST NEWS; Fossil fuel emissions have stalled; Analysis: Record surge of clean energy in 2024 halts China’s CO2 rise; does the world need hydrogen?; Mapped: global coal trade; Complexity of energy systems (maps); Mapped: Germany’s energy sources (interactive access); Power to the people (video); Unburnable Carbon (report); Stern Commission Review; Garnaut reports; live generation data; fossil fuel subsidies; divestment; how to run a divestment campaign guide; local council divestment guide; US coal plant retirement; oil conventional & unconventional; CSG battle in Australia (videos); CSG battle in Victoria; leasing maps for Victoria; coal projects Victoria
Huge task to decarbonise
Source: Australian Delegation presentation to international forum held in Bonn in May 2012
Latest News 18 February 2016, Energy Post, Biofuels are back on the EU agenda. Biofuels are returning to the political agenda in Europe as EU policymakers start to shape a strategy for reducing greenhouse gas emissions from transport after 2020. Biofuels producers continue to argue that they are an essential part of the solution, even as the low oil price puts an end to several cutting-edge projects, the European Commission prepares to publish a new report about indirect land-use change (ILUC) and some stakeholders urge a full focus on electrification. Sonja van Renssen investigates. “Are we competitive? Certainly not in the short term, but the long term is what matters,” said Artur Auernhammer, a Member of the German Parliament and Chairman of the German Bioenergy Association (BBE) in his opening speech at a “Fuels of the Future” conference in Berlin, Germany, on 18 January. “Certified sustainable biofuels from Europe must be a key element in the European decarbonisation strategy both at present and beyond 2020.” Dr Veit Steinle from the German Federal Ministry of Transport and Digital Infrastructure concurred: “If the Energiewende is to be implemented properly in Germany, we need an energy transition in transport. Of course we’re putting money on biofuels in this regard.” “If we look at the current development of oil prices, it is very certain that at least in the short to medium term, the regulatory framework will be very, very important for the perspectives of biofuels.” – Bernd Kuepker, European Commission It is equally obvious for EU biofuels producers that they are part of the solution. But others have moved on. Jos Dings, Executive Director of Brussels-based NGO Transport and Environment, said in an interview: “The big change since the [EU’s] first climate and energy package [in 2008] is the rise of electric vehicles. In contrast, we’ve seen very little progress in liquid fuels.” Still, Gernot Klepper, Chairman of the Board for ISCC System, which certifies bio-based feedstocks and renewables, reminded delegates in Berlin that biofuels make up about a fifth of final energy consumption in transport in 2050, in the International Panel on Climate Change (IPCC)’s two degrees scenario. Read More here 17 February 2016, Eureka Alert, Assessing carbon capture technology. Carbon capture and storage could be used to mitigate greenhouse gas emissions and thus ameliorate their impact on climate change. The focus of this technology is on the large-scale reduction of carbon emissions from fossil-fuelled power plants. Research published in the International Journal of Decision Support Systems investigates the pros and cons, assesses the risks associated with carbon capture and provides a new framework for assessing the necessary technology. John Michael Humphries Choptiany formerly of Dalhousie University in Nova Scotia and now at the Food and Agriculture Organization of the United Nations in Rome, Italy, together with colleagues at Dalhousie, Alberta Innovates – Technology Futures (AITF), and G BACH Enterprises Incorporated, explain how they have adopted information from the environmental, social, economic and engineering fields to create their assessment framework, which incorporates utility curves, criterion weights, thresholds, decision trees, Monte Carlo simulation, critical events and sensitivity analysis. “Climate change is one of the most serious threats facing humankind,” the team reports, “Carbon capture and storage (CCS) includes a suite of technologies and processes with the goal of mitigating climate change by capturing and storing anthropogenic CO2 from various emitters, including fossil-fuelled power plants, in geological reservoirs.” The Intergovernmental Panel on Climate Change (IPCC) has recognized that CCS should be one component of our response to carbon emissions and climate change, but there are many different approaches that could be taken, all with various risks. Read More here 15 February 2016, Science Daily, Removing carbon dioxide from the atmosphere. You may as well learn the expression “carbon-negative technology,” or Bio-CCS, right away, because it has become a talking point in technological circles. Gemini explains why. There exists a method, or technology, that is capable of reducing the level of carbon dioxide in the atmosphere. “In practice, the methods consists of capturing carbon dioxide emitted by “climate-neutral” processes such as the combustion of organic waste, pellets or sawdust,” explains SINTEF research scientist Mario Ditaranto, a specialist in combustion technology. It is then stored safely underground for ever, thus reducing its concentration in the atmosphere, because it has been eliminated from the natural carbon dioxide cycle. This is the only method we have to lower the level of atmospheric carbon dioxide, which is an important cause of our climate problems. The method is called Bio-CCS, and it is not new. Until now it has suffered from a rather mixed reputation as insignificant, expensive and limited in its range of applications. However, in the light of climate change and the recent COP21 summit in Paris, it is on the of everyone in the climatology field. In Norway, it has led to SINTEF, the environmental organisation Bellona and certain branches of Norwegian industry working together for a rapid breakthrough. “Superlight” geoengineering The reason for the growing popularity of Bio-CCS is that at the very least it can be regarded as an extremely mild and non-hazardous form of geo-engineering. The aim of geo-engineering is to counteract anthropogenic climaste changes by means of physical interventions. Launching huge sunshades into space and spraying >> millions of ?? tonnes of sulphur into the atmosphere to filter sunlight are a couple of suggestions. These have naturally led to heated debates about both the ethics and safety of such solutions. After all, what might be the consequences if we fix things in ways that only make them worse? Unavoidable More than 1000 estimates brought together in the latest report from the Intergovernmental Panel on Climate Change (IPCC)https://www.ipcc.ch/report/ar5/) show that even a significant but gradual brake on carbon dioxide emissions will not be sufficient if we are to avoid a serious climatic crisis. Read More here 15 February 2016, Renew Economy, Nuclear commission findings spell more trouble for wind and solar in Australia. The South Australian Royal Commission into the nuclear fuel cycle has conceded that nuclear power is not a viable alternative for Australia, but has urged authorities to consider it anyway – in what could have serious implications for the roll out of renewable energy across the country. The commission delivered the results of its “tentative” findings on Monday, indicating that it supports the establishment of a nuclear waste facility in the state, the storing of spent nuclear fuel and the expansion of uranium mining. On the subject of nuclear generation, the commission admitted that it wasn’t viable in South Australia in the foreseeable future (2030) – even with a significant carbon price and a sharp reduction in the cost of capital. It conceded that Australia should only adopt “proven” new nuclear technologies such as “small modular reactors” and next generation “fast reactors” , but that these were some way off, and likely to be very costly. But commission chairman Kevin Scarce wants the nuclear generation dream to continue. He admitted that while there were real risks in nuclear generation – and there are “no guarantees on its safety” – he doesn’t “think the positive side of nuclear power is being presented.” Despite the findings of the commission on the high costs of nuclear, and its unsuitability to the South Australian market in particular, he wants nuclear energy to be part of the national consideration because of the challenges Australia faces in meeting its emissions abatement task. In effect, he and the nuclear proponents are betting that Australia will fall short in its climate targets; and given the record of the Coalition government on climate policy – including the repeal of the carbon price, the slashing of the renewable energy target, the attack on key institutions and slow progress on energy efficiency – that is a fair bet. 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 18 May 2023, NOAA – Climate .gov: As we blogged about earlier this month, the odds that El Niño—the warm phase of the planet’s most powerful natural climate pattern, the El Niño-Southern Oscillation—will emerge in the tropical Pacific Ocean later this year continue to rise. One sign that El Niño is on its way is the rapid shift from cool to warm ocean surface temperatures in the heart of the tropical Pacific. This animation shows weekly temperatures across the Pacific Ocean compared to the long-term average from December 5 to May 14. Cooler-than-average waters are blue; warmer than average waters are orange to red. The key area for monitoring La Niña and El Niño is outlined with a black rectangle. Week by week, cooler surface waters are gradually replaced by warmer waters from the east. Read more here. 17 May 2023, The Conversation: Global warming to bring record hot year by 2028 – probably our first above 1.5°C limit. One year in the next five will almost certainly be the hottest on record and there’s a two-in-three chance a single year will cross the crucial 1.5℃ global warming threshold, an alarming new report by the World Meteorological Organization predicts. The report, known as the Global Annual to Decadal Climate Update, warns if humanity fails to reduce greenhouse gas emissions to net zero, increasingly worse heat records will tumble beyond this decade. So what is driving the bleak outlook for the next five years? An expected El Niño, on top of the overall global warming trend, will likely push the global temperature to record levels. Has the Paris Agreement already failed if the global average temperature exceeds the 1.5℃ threshold in one of the next five years? No, but it will be a stark warning of what’s in store if we don’t quickly reduce emissions to net zero. Warming makes record heat inevitable. The World Meteorological Organization update says there is a 98% chance at least one of the next five years will be the hottest on record. And there’s a 66% chance of at least one year over the 1.5℃ threshold. There’s also a 32% chance the average temperature over the next five years will exceed the 1.5℃ threshold. The chance of temporarily exceeding 1.5℃ has risen steadily since 2015, when it was close to zero. For the years between 2017 and 2021, it was a 10% chance. Read more here 12 May 2023, The Gurdian. Albanese government approves first new coalmine since taking power. The Australian government has approved a new coalmine development for the first time since it was elected last year. Tanya Plibersek, the federal environment minister, indicated she would give the green light to the Isaac River coalmine in Queensland’s Bowen basin. It was announced late on Thursday. The mine, to be developed by Bowen Coking Coal, is planned for 28km east of Moranbah, next to five other coalmines, and expected to produce about 500,000 tonnes of metallurgical coal a year for five years. Metallurgical coal, also known as coking coal, is used in steelmaking. “The Albanese government has to make decisions in accordance with the facts and the national environment law – that’s what happens on every project, and that’s what’s happened here,” a spokesperson for Plibersek said. “Since the election we’ve doubled renewable energy approvals to a record high. The government will continue to consider each project on a case-by-case basis, under the law.” The government said no submissions had been received about the project during the public consultation period, including from environment groups. Read more here 5 May 2023, The Conversation. Humanity’s tipping point? How the Queen’s death stole a climate warning’s thunder. Think back to September last year. What happened early that month? What news shook the world and reverberated for weeks, if not months? That’s a question I’ve been asking friends and colleagues lately. On September 8, 2022, at 6.30pm in Britain, Buckingham Palace announced the death of Queen Elizabeth II. The news broke just 30 minutes before the press embargo lifted on a major review of climate change tipping points in the journal Science. The paper in Science was truly earth-shattering, as it heralded changes that could threaten the future of civil society on this planet. But it was the other news that captured the world’s attention. Grappling with tipping points. The question of when global warming might push elements of the climate system past points of no return has come into focus over last the decade or so. And tipping points once thought to be far off in the distance have come into sharp relief. The research examines major features of the global climate system, such as ice sheets, glaciers, rainforests and coral reefs. It asks when melting of ice sheets on Greenland and West Antarctica would become irreversible, ultimately contributing many metres to sea level. Or when thawing of frozen ground in the Arctic might start producing so much methane and carbon dioxide (CO₂) that it blows the global emissions budget. Amazonian forest die-back is another major part of the Earth’s climate system. Global heating and regional reductions in rainfall could cause trees to die, releasing large amounts of greenhouse gases. Fewer trees ultimately means less rainfall for those that remain, creating a vicious cycle. 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.
