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 9 December 2015, Energy Post, German grid operator can handle 70% wind, solar before storage needed. The company responsible for more than one-third of Germany’s electricity grid says there is no issue absorbing high levels of variable renewable energy such as wind and solar, and grids could absorb up to 70 per cent penetration without the need for storage, writes Giles Parkinson of Reneweconomy.com. Boris Schucht, the CEO of 50 Hertz, which operates the main transmission lines in the north and east of Germany – and which is 40 per cent owned by Australia’s Industry Funds Management – says the industry’s views of renewable energy integration has evolved rapidly in the past decade. “It’s about the mind-set,” Schucht said at the Re-energising the Future conference in Paris, and later to RenewEconomy. “10 to 15 years ago when I was young engineer, nobody believed that integrating more than 5 per cent variable renewable energy in an industrial state such as Germany was possible.” Yet, Schucht says, in the region he is operating in, 42 per cent of the power supply (in output, not capacity), came from wind and solar – about the same as South Australia. This year it will be 46 per cent, and next year it will be more than 50 per cent. “No other region in the world has a similar amount of volatile renewable energy ….. yet we have not had a customer outage. Not for 35 or 40 years.” Read More here 8 December 2015, BBC News, UK ‘scores well’ on climate, for now. Denmark, the UK and Sweden have topped the international rankings in an index of countries combating climate change. The annual table is compiled by green groups Germanwatch and Climate Action Network. They analysed progress in the 58 countries producing more than 90% of energy-related CO2 missions. The organisers congratulated the UK for its performance to date, but say the government lacks a coherent vision for the future. The index takes into account emission levels, trends in emissions, energy efficiency, progress towards renewable energy and climate policy. It ranked the UK fifth in the world, after Denmark. The first three places were left empty because the organisers say no major nation is doing enough to cut emissions. Wendel Trio, one of the principal authors, told BBC News the UK had earned its slot because of overall low emissions, climate policy over several years, a fast-growing renewables sector from a low base, and a commitment to phase out coal. But he said the UK was in danger of losing its grade. …..Kit Vaughan from the charity Care International pointed out that the review had been done two months ago – before the government’s recent “reset” which downgraded renewable energy. He said: “It is clearly out of date. Both Denmark and the UK have recently gone backwards at high speed, slipping from climate champions to carbon culprits. “It shows how quickly this government is able to take a wrecking ball to previously progressive climate action and just how quickly enlightened climate policy can be ripped up and systematically dismantled.” Read More here 5 December 2015, Climate News Network, Saudis still hooked on oil habit. COP21: Despite making pledges to cut back on its large-scale fossil fuel emissions, Saudi Arabia’s oil production is continuing to run at record levels. PARIS, 5 December, 2015 − Saudi Arabia, the world’s biggest oil exporter and one of the world’s top per capita emitters of greenhouse gases, has traditionally voiced little concern about climate. So there was some surprise when, in advance of the current UN climate change summit in Paris, the country announced that it was aiming to cut back on its C02emissions. The problem is that the pledge comes with some important caveats that seem to render the whole exercise meaningless. More than 180 countries have so far submitted pledges – referred to in UN jargon as Intended Nationally Determined Contributions (INDCs) − to the summit to cut back on emissions of greenhouse gases. Export revenues Under the Saudi plan, there will be an annual cutback of up to 130 million tonnes of emissions by 2030. But they say that such cutbacks will only be made as long as there is “a robust contribution from oil export revenues to the national economy”. They also warn that should any agreement made at the Paris talks create what is termed an “abnormal burden” on the country’s economy, then the climate-related commitments would be weakened. Read More here 5 December 2015, The Spectator, An age of climate realism is upon us. At last, cooler heads are prevailing….The Paris meeting is not even attempting to achieve what the 2009 Copenhagen summit failed to do: reach a legally binding treaty on cutting CO2 emissions. Instead, the aim is to replace the legally binding targets of the Kyoto Protocol (which runs out in 2020) with voluntary pledges tailored to the national considerations of individual countries. In short, the Paris climate deal will mean abandoning the notion of making decarbonisation legally binding — at least for the time being. Even so, governments from around the world are keen to sign an agreement that will allow political leaders to declare a victory, and to move on. At the same time, officials readily accept that painful decisions will be kicked into the long grass. Thus, the Paris accord is likely to be a ‘wait and see’ arrangement which, for the next decade at least, suspends any attempt of reaching a binding decarbonisation treaty. Such an outcome will almost certainly trigger a fundamental reassessment of Europe’s go-it-alone-no-matter-what-the-costs decarbonisation policies. Why has it proven impossible for such summits to make the kind of progress that was, until recently, billed as a matter of saving the world? Firstly, policies that commit western governments to unilateral decarbonisation have turned out to be more costly and politically toxic than conventional wisdom proclaimed. Rather than running out of fossil fuels — and thereby making renewable energy more competitive — the US shale revolution and the prospect of its global proliferation has triggered a glut of cheap oil and gas. Fuel prices have fallen and look set to remain low for the foreseeable future. As a result, the bridge to a world powered by renewable energy has become longer rather than shorter. Read More here Note that “the pause” noted in the article is a red herring – read more here 28 March 2017, Climate Central, Trump Moves to Dismantle U.S. Climate Rules. President Trump signed a sweeping executive order Tuesday rescinding numerous federal climate policies and calling for the review and replacement of the Obama administration’s most ambitious effort to control climate pollution — the Clean Power Plan. The order is Trump’s most aggressive move yet to dismantle federal climate regulations even as established climate science shows that man-made global warming is a growing threat to human life and the economy. In all, Trump’s executive order targets at least 23 federal rules, regulations, executive orders, memorandums and reports related to energy and climate change, many of which are likely to be tied up in years of legal wrangling before being decided. The total number is likely much higher because the order directs federal agencies to tally up all their rules and regulations that can be interpreted to “constrain” energy production and prepare them to be rescinded if they’re deemed to be a “burden” on energy production and use. Legal experts and climate scientists say the move abdicates U.S. leadership on climate change and incentivizes nearly unfettered fossil fuels development across the country. Those steps could diminish the chances that countries can prevent the world from warming to levels that scientists consider dangerous — 2°C (3.6°F). ….The details of Tuesday’s executive order show the breadth of the Trump administration’s desire to dispense with existing U.S. climate and energy policy. Read More here 23 March 2017, Renew Economy, Fairfax joins media hysteria over post-Hazelwood “blackouts”. The warnings of blackouts provoked by the imminent closure of the Hazelwood brown coal generator in Victoria– already so prevalent on right wing blogs, the Murdoch media and the ABC – reached fever pitched proportions on Thursday. Fairfax Media led the front page of The Age newspaper (see image right) with an “exclusive” story that warned of 72 days of potential blackouts across the state over the next two summers. “Victoria’s energy security has been thrown into question, with the state facing an unprecedented 72 days of possible power supply shortfalls over the next two years following the shutdown of the Hazelwood plant next week,” the story by Josh Gordon begins. And how does it come to this breathless conclusion? Fairfax, like other media, such as the ABC’s political editor, Chris Uhlmann, is basing the forecasts of blackouts on this graph that appears on the website of the Australian Energy Market Operator. It purports to show – in the light red at the top – the periods when Victoria could face a shortfall of supply. The graph for South Australia is even more dramatic. But is that really what is says? Blackouts all summer? Not at all, says the AEMO – a reply they would happily give anyone who bothered to ask. It actually shows the most extreme demand scenarios that it can think of – a one in ten year likelihood in this case – and graphs that over and above what it considers to be the “average” supply. Repeat. That is average supply, not total supply available. Assuming this would lead to blackouts is a bit like saying that someone who walks to the ocean edge at low tide risks getting wet when the tide comes in, and they don’t move. There is plenty of excess capacity that can meet that demand. This graph, is a section known as its Mtpasa forecasts, is basically a heads up that the tide will come in, and generator owners might want to think about maintenance planning, switching them on etc etc, to take it into account. Read More here 9 March 2017, The Guardian, Renewable energy spike led to sharp drop in emissions in Australia, study shows. A sharp drop in Australia’s greenhouse gas emissions at the end of last year came courtesy of a spike in renewable energy generation in a single month, according to a new study. Australia’s emissions fell by 3.57m tonnes in the three months to December, putting them back on track to meet quarterly commitments made in Paris after a blowout the previous quarter. The fall is the largest for the quarter since the government began recording emissions in 2001. The report’s authors said this was entirely due to record levels of hydro and wind generation in October. This brought emissions for the year to December to below the year to December 2015. But projected emissions for the December quarter were still 6.89m tonnes over levels demanded by scientifically based targets set by the government’s Climate Change Authority. And, long term, the results show Australia is set to run more than 300m tonnes over what is required to meet its Paris targets in 2030. Read More here 8 March 2017, Renew Economy, Queensland govt slaps down LNP, Murdoch over renewable scares. The Queensland government has attacked the LNP opposition and the Murdoch media for unfounded, baseless and “lazy” criticism of its plans to source 50 per cent of its electricity needs from renewable energy by 2030. The conservative LNP has been getting a big run in the Murdoch press with a new anti-renewables campaign, which has wound up significantly since the start of the year with a host of new solar projects that will add 1GW of solar power to the state’s grid….. That means that the Queensland government will not be in the same position as South Australia, which has had to watch with growing frustration as the private owners of the biggest gas plants in the state decide not to switch on during high demand periods, claiming they can find no economic incentive to help keep the lights on for their customers. On the subject of South Australia, premier Jay Weatherill said the state had no intention of rowing back on its 2025 target of 50 per cent renewables, saying to do so it would have to effectively “physically prevent” developments in their tracks. That much is true, because the build-out of the Hornsdale wind farm and the Tailem Bend solar project will take the state to 50 per cent wind and solar by the end of this year. Weatherill says the biggest threat to power prices in South Australia is the lack of competition among generators, something that can addressed by having more renewable energy and other technologies such as battery storage. Read More here 7 December 2021, The Conversation: We are professional fire watchers, and we’re astounded by the scale of fires in remote Australia right now. While southern Australia experienced a wet winter and a soggy spring, northern Australia has seen the opposite. Extreme fire weather in October and November led to bushfires across 120,000 square kilometres of southern savanna regions. Significant fires continue to burn in the Kimberley, the Top End, Cape York and the northern deserts. And while recent rain across the central deserts has reduced the current fire risk, it will significantly increase fuel loads which creates the potential for large wildfires in summer. We are professional fire watchers. The lead author of this article, Rohan Fisher, maps and monitors fires across the tropical savannas and rangelands that comprise 70% of the Australian continent. The scale of burning we’re now seeing astounds us – almost as much as the lack of interest they generate. This continent’s fire ecology is poorly understood by most Australians, despite recent significant bushfire events close to big cities. But as we enter the Pyrocene age under worsening climate change, good fire knowledge is vitally important. Read more here 29 November 2021, Carbon Brief: Avoiding temperature ‘overshoot’ reduces multiple climate change risks, say scientists. Allowing global temperatures to temporarily “overshoot” end-of-century targets will drive greater economic loss and more severe climate impacts than staying below these targets throughout the century, new research says. Many future pathways for meeting the 1.5C and 2C warming targets by 2100 project that global temperatures will exceed these goals in the short term – and that negative emission techniques will be used later in the century to ensure that targets are met. However, two new studies published in Nature Climate Change highlight the benefits of meeting global temperature goals outright. The first study finds that staying below 1.5C or 2C throughout the 21st century reduces the risk of climate extremes, such as heatwaves. The authors find that after mid-century, temperature overshoot leads to higher mitigation costs and greater economic losses from the additional climate impacts. The second study highlights the longer-term economic benefits of keeping below temperature thresholds. It projects that by 2100, global GDP will be up to 2% higher in scenarios that avoid overshoot compared to those that do not. These “valuable” papers “give important insights on the consequences of emission pathways without large net-negative emissions during the second half of the century”, says a commentary article on the new research papers. Read more here 26 November 2021, The Guardian: Bridget Archer says she didn’t want to meet PM immediately after crossing floor on integrity commission. Liberal backbencher Bridget Archer says she didn’t want to be hauled into a meeting with Scott Morrison after she crossed the floor to support an independent MP’s integrity commission bill. The prime minister has moved to quell internal revolts by talking to Archer on Thursday afternoon and separately referring the controversial religious discrimination bill to a joint committee. Morrison on Friday defended the “friendly” meeting with Archer after she supported a bid by Helen Haines to suspend standing orders to push for a stronger anti-corruption watchdog… But Archer told Guardian Australia that while the meeting was friendly, it was a “frank discussion – not just a pastoral care meeting”. “I would have preferred not to have the meeting at that time while I was feeling emotional,” she said. The meeting covered Archer’s decision to exercise her right to cross the floor on an integrity commission and her views on religious discrimination. Archer was offered a pair for the final sitting week of parliament, which would have neutralised her ability to support motions like the one attempted by Haines, but she declined. READ MORE HERE 25 November 2021, The Conversation, Grattan on Friday: Assertive Liberal moderates give Scott Morrison curry. The overwhelming impression the Morrison government has projected this week has been one of chaos, with revolts coming from the right and the left. And that’s accurate. But, within the shambles, there has actually been one encouraging sign. We’re seeing a new generation of Liberal moderates belatedly raise their voices. While it’s one thing to get up on your hind legs in the party room, or even to make public statements, it is a big step to call out your government in parliament. It would have taken a lot for Bridget Archer, a moderate who holds the highly marginal Tasmanian seat of Bass, to make herself the story. Archer said outright what a number of her moderate colleagues were thinking, when she criticised the government for not bringing forward its legislation for an integrity commission. 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.
