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 February 2016, Climate News Network, Useful waste offers win-win benefits. An unsung success story in the switch to renewable energy is the use of waste to produce gas – and a valuable by-product. The future is increasingly bright for renewable energy, with the US aiming to cut the price of solar photovoltaics by 75%between 2010 and 2020. Denmark plans to obtain 50% of its energy from windjust five years from now. But one form of renewable energy – and one which attracts few headlines – manages to create two useful products at the same time, and is making a growing contribution to combatting climate change. The medieval alchemists who sought to turn base metal into gold would have thrilled at chemistry that let them turn waste into both fuel and fertiliser. Their twenty-first century successors have discovered the secret of doing exactly that. Unwanted food, animal waste, municipal rubbish, crop and forestry residues, sewage and dozens of other left-overs of civilisation can and are now being turned into methane to generate electricity, provide district heating and to fuel road vehicles. Big contribution This largely unheralded revolution takes different forms across the world, mostly because governments set their own rules to encourage the technology, and also because local circumstances provide contrasting piles of waste. But in every case the waste can be converted into gas for use as fuel. Although the technology is only part of the solution to climate change, theEuropean Biogas Association estimates that over time it should be able to replace 30% of current natural gas consumption in Europe. The technology is roughly the same whatever the size of the plant or its location. Biogas plants use microbes to eat waste in an oxygen-free environment to produce methane, and leave fertiliser or soil conditioner as a useful by-product. The plants vary from small household types, very popular in China and India, to farm plants and larger-scale municipal installations in Europe. Read More here 1 February 2016, Renew Economy, Australia emissions surging to record high despite Paris climate deal. Australia’s greenhouse gas emissions are posed to surge to a record high after 2020, and may not reach a peak before 2030 – despite the government’s claim it has been reducing emissions and its support for the Paris climate deal. A new analysis from industry analyst Reputex – a division of global ratings agency Standard & Poor’s – confirms what we already know: despite the Coalition’s rhetoric, emissions in Australia actually rose 1.3 per cent in 2014/15, for the first time since the Coalition was last in power a decade earlier. But the Reputex survey also notes that Australia’s emissions growth is now among the highest in the world, with the government’s own forecast showing emissions will grow 6 per cent to 2020, despite its “Direct Action” plan and the billions spent in the Emissions Reduction Fund. Ironically, the emissions growth would have been faster, but for the fact that Australia’s economic growth has been downgraded sharply from the optimistic assumptions of successive Labor and Coalition governments. Read More here 28 January 2016, Renew Economy, Hunt under pressure as Australia loses climate cred, gains carbon risk. Australia’s poor record on climate change action and energy market reform has been highlighted by two major global publications this week, bringing environment minister Greg Hunt under renewed pressure to defend his department’s policy. The first, the latest rankings of the Yale environmental performance index – described by Hunt himself as “the most credible, scientifically based, hard data-based analysis in the world – shows Australia has dropped 10 places in its overall ranking on “protecting human health and ecosystems”, leaving it at 13 out of 180 countries examined (just below Saudi Arabia). According to reports, where Australia lost most of its ground on the index was in the categories of electricity generation, where it is ranked at number 150 out of 180, and in climate. This point has been seized upon by Opposition climate spokesman Mark Butler, who said in a statement on Thursday that the index downgrading showed that the Turnbull government was taking Australia backwards on climate change “at a shocking pace”. Butler – who launched the first round of consultation on the Labor party’s 2030 emissions reduction target on Wednesday – also noted that while nearly every other country had improved its EPI score, Australia had turned up very close to the bottom of the pack on carbon trends. “I think the rest of the world is waking up to the fact that although there’s a different person at the front of the government, the policies haven’t changed,” Butler told Fran Kelly in an ABC Radio interview. “We have inadequate targets, we have a government that has no renewable energy policy beyond 2020, and we have a policy in Direct Action that’s actually seeing emissions rise again after having come down 8 per cent during our term in government, they will rise by 6 per cent between now and 2020 according to the government’s own official data.” Read More here 25 January 2016, Renew Economy, Tasmania grid struggles with drought, bushfires, lost connection. Tasmania’s electricity grid is facing its biggest challenge in years, with its hydro storage about to fall to its lowest levels ever, bushfires forcing the closure of some power facilities, and a faulty cable cutting the connection between the island and the country’s main electricity grid. The Apple Isle’s main source of electricity – hydro power – is being challenged by its driest ever spring, pushing reserves down to just 18.9 per cent. The lowest level ever is 16.5 per cent, reached in 2007, but overall storage levels are predicted to fall to a low of 14 per cent by the end of March – if normal rainfall patterns resume. At current rates, however, some fear they may fall below those levels, although there has been some light rain in recent days. To make matters worse, the Basslink cable linking the island’s grid to the mainland has been cut by technical problems, and will probably remain closed for another two months, while the raging bushfires have threatened power lines and forced the temporary closure of at least four hydro plants. “These circumstances are extraordinary and unprecedented,” Premier Will Hodgman and energy minister Matthew Groom said in a joint statement late last week. “It will be tough, but we will get through it.” To address the issue, the government has had to bring its Tamar Valley gas power generator – scheduled for permanent closure last year – out of mothballs. That has provided 280MW of added capacity, but the government is now looking to bring another 105MW of gas and diesel power back into the system to hedge against further depletion of its hydro resources. Read More here 30 June 2017, Renew Economy, Another blow to CCS, as EU power giants bow out of Dutch project. European power giants Engie and Uniper have withdrawn from a test project to capture and store carbon dioxide generated by one of several major new coal plants in the Netherlands, dealing yet another blow to the prospects of “clean coal” technology, in which the Australian government and fossil fuel lobbyists still hold much stock. Reuters reported this week that the two companies – one of which, Engie, the majority owner of Australia’s Loy Yang B brown coal-fired power station in Victoria’s Latrobe Valley, and who recently closed Hazelwood, – had told the Dutch government they no longer intended to participate in the CCS project, the biggest of its kind in Europe. Holland’s economic affairs Minister Henk Kamp said in a statement he would “examine whether legal steps can be taken to recoup” unspecified subsidies paid to the companies if they had not changed their minds by mid-September. The minister also said that the companies’ withdrawal from the project “changed nothing” in the government’s resolve to develop large-scale CCS demonstration projects. Read More here 29 June 2017, Renew Economy, Coal on limited lifespan as CCS hopes go up in smoke. The coal industry is facing a new crisis point as a group of leading scientists call for the construction of new coal generators to cease within three years, and as the industry’s flagship “clean coal” and carbon capture and storage project went up in smoke in the US. As reported elsewhere on this web site, the US energy utility Southern Co finally gave up on its much-vaunted Kemper coal gasification and CCS project, after costs soared from $US1.8 billion to more than $US7.5 billion ($A10 billion), and it realised it wasn’t going to work. On Wednesday, US time, it announced it would cease operations immediately on the coal component of the project, and just use the asset as a gas generator. Shareholders already saddled with $US3.1 billion of losses face a further $US3.4 billion write down if Southern Co can’t convince regulators to pass those costs on to consumers bills. The spectacular failure of the Kemper facility – more than $US7.5 billion for a 582MW plant, the most expensive in US history per MW – comes amid a renewed call for new coal generation to be stopped in its tracks, and for existing coal generation to be wound back rapidly. In an article in Nature magazine, more than 60 scientists and prominent leaders, including the former UNFCCC secretary Christiana Figures, and former ACTU president Sharan Burrow, now general secretary of the International Trade Union Confederation, say the world has three years to set emissions on the right course. It recommends a six-point plan, including no new coal generators post 2020, accelerating wind and solar and other renewables, retiring all coal-fired generators and boosting electric vehicles. “The climate math is brutally clear: While the world can’t be healed within the next few years, it may be fatally wounded by negligence until 2020,” writes co-author Hans Joachim Schellnhuber from the Potsdam Institute for Climate Impact Research. Read More here 28 June 2017, Renew Economy, “Baseload”: An outdated term that should not be confused with “reliability”. The “coal versus no new coal” debate has come to define the battle lines over Australia’s energy future. It can basically be boiled down to one concept: the assumption that we have to rely on baseload power for the reliability and security of out electricity supply. A new report from the US highlights how the concept of “baseload” is really just an artefact of an old industry, and points out that baseload should not be confused with reliability. The two do not go hand in hand, and hanging on to the term is getting in the way of planning for the future. “Baseload power”, however, is a line encouraged by the fossil fuel industry, happy that “baseload” has become a marketing tool, in the same way that it has exploited the idea of “clean coal” and “energy poverty” to pursue their interests. The Brattle Group report was commissioned by the NRDC, a US-based NGO, just as the Trump administration prepares its own battle over the future of “baseload” in a rapidly changing energy market. It prompted this series of tweets. Read More here 22 June 2017, Renew Economy, Australia’s new citizenship test: swear allegiance to Queen and Coal. The Coalition government’s new citizenship test appears to include talking points that might have been prepared by the coal industry in defending their role in climate change.Details of the extraordinarily complex reading material that new citizens are being asked to comprehend, in preparation for their citizenship tests, have been revealed in The Australian newspaper, which was concerned by the level of complexity in the language. What struck us at RenewEconomy from the examples used by The Australian was the nature of the content. It looked like marketing spiel from the coal industry, so we checked it out further. Take this, for example: “Clean coal is another avenue for improving fuel conversion efficiency. Investigations are under way into super-clean coal (35 per cent ash) and ultraclean coal (less than 1 per cent ash). Super-clean coal has the potential to enhance the combustion efficiency of conventional pulverised fuel power plants.” And on it goes. You can read more here. But having absorbed this, the hopeful new citizen is then given some practice multiple choice questions. Such as: Read More here and be astounded by the audacity! 11 October 2021, The Conversation: We can’t stabilise the climate without carbon offsets – so how do we make them work?Carbon offsetting has been in the news lately after a report raised concerns about the integrity of the federal government’s offsetting scheme, the emissions reduction fund. Offsetting refers to reducing emissions or removing carbon dioxide from the atmosphere in one place to make up for emissions in another. Done well, it lowers the costs of reducing emissions. Done badly, it increases costs and gives us false confidence about our progress towards net zero emissions. It’s a difficult part of the climate change conversation worldwide and, because of past problems, there’s understandable cynicism about its potential. The Grattan Institute has just released a new report on the role of offsetting in achieving net zero targets. In it, we show even with strong policies to reduce emissions wherever possible, Australia is going to need offsetting — potentially lots of it — to reach a target of net zero emissions. What is offsetting? Offsetting is often done through a system of credits or offsets — units that represent one tonne of emissions reductions achieved, or one tonne of carbon dioxide removed from the atmosphere. Read more here 16 August 2021, Renew Economy: Study finds blue hydrogen worse for climate than burning coal or gas. It is touted as a “clean” technology, but so-called “blue” hydrogen produced from gas – even with carbon capture – is significantly worse for the climate than burning coal or gas directly, a new study by Cornell and Stanford researchers has found. Cornell’s Robert Howarth and Stanford’s Mark Jacobson asked the question, “how green is blue hydrogen?” in their peer-reviewed paper, the first to examine the total or ‘lifecycle’ greenhouse gas emissions from blue hydrogen. The answer? “We see no way that blue hydrogen can be considered ‘green’,” the researchers concluded. Emissions associated with producing blue hydrogen from gas were actually greater than emissions from burning gas or coal directly, the paper found. This was because of the significant extra energy required for processes to produce hydrogen and power carbon capture and storage. The hydrogen industry is a significant source of climate pollution globally, responsible for around 830 million tonnes of carbon dioxide every year, equivalent to the annual emissions from the United Kingdom and Indonesia combined, according to the International Energy Agency. That’s because nearly all hydrogen produced and used today comes from fossil fuels, and is classed as either ‘grey’ (from gas) or ‘brown’ (from coal). Read more here. 10 August 2021, Renew Economy: Morrison blames China, refuses to boost climate action after bleak IPCC report. Prime Minister Scott Morrison has responded to the bleak Intergovernmental Panel on Climate Change (IPCC) report by seeking to shift blame onto developing countries, particularly China, and refusing to announce any increase in Australia’s short term targets. In an extraordinary intervention following the release of the IPCC report, Morrison suggested it wasn’t “the Australian way” to take the initiative on climate action. “It is not good enough for it just happening to Australia and the United States and in Europe. It must happen in these other countries and they must have prosperity otherwise we will not fix this. That is the Australian way,” Morrison told a press conference on Tuesday. Morrison and federal energy and emissions reduction minister Taylor fronted the media to insist that Australia was doing more than other countries and would not commit to making any changes to Australia’s emissions reduction targets, and trotted out their usual slogans. At the same time, the duo pushed responsibility for climate action onto poorer countries. Read more here 1 July 2021, Renew Economy: Australia ranked dead last in world for climate action in latest UN report. Australia has been ranked dead last for climate action in the latest Sustainable Development Report, which assesses the progress of countries towards achieving the Sustainable Development Goals. In the latest edition of the report, produced by the UN-backed Sustainable Development Solutions Network, Australia received the lowest score awarded to any of the 193 members of the United Nations for the level of climate action, a withering repudiation of the Coalition government’s climate efforts. The annual report is an authoritative assessment of countries progress towards meeting the Sustainable Development Goals, including the progress of countries towards goals relating to “climate action” and the adoption of “affordable and clean energy”. Australia received the lowest score awarded, just 10 out of 100, for the ‘climate action’ goal, which tracks countries across four core metrics, including the level of emissions from fossil fuel use, embedded emissions in imports and exports and progress towards implementing an effective price on greenhouse gas emissions. According to scores provided in an database included with the latest assessment, Australia ranked amongst the top three countries for exported greenhouse gas emissions per capita, behind only Qatar and Norway. Australia also ranked among the top ten countries for per capita fossil fuel use. The report found that Australia had not achieved any positive progress against the four ‘climate action’ metrics and saw Australia slip below Brunei, the only country that received a worse score than Australia for climate action in the 2020 edition of the report. 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.
