The Climate Solutions Fund is a fillip for the Government’s fossil fuel backers and offers little in the way of energy policy reform to reduce either Australia’s emissions or power prices. Tim Buckley reports.
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Australia’s utter failure on carbon emissions was glossed over, and corporate machinations were ignored, in this week’s Four Corners climate wars program on ABC. Instead, it was a rehash which dwelt on the Canberra Bubble perspective, giving politicians from both sides of the aisle a platform to make excuses. Adam Lucas reports.
The Government is quietly blowing away years of environmental protections under cover of Covid. Its Covid Commission (NCCC) is stacked with executives from the gas and mining lobbies in what is turning out to be a bonanza for multinationals and yet another destructive blow to Australia’s efforts to curb global warming. Sandi Keane investigates.
With the release of his book, Oil Under Troubled Water, to coincide with Witness K’s closed court plea hearing this month, ACT lawyer, Bernard Collaery, has raised the stakes on who the real wrong-doers are in this unedifying story of how the Howard Government defied international law to spy on it’s cash-strapped neighbour to profit from oil in the Timor Sea. Callum Foote reports.
Failing to tackle climate change will cost younger generations dearly and place Australia behind the rest of the world with a degraded environment and a lagging economy. Yet, successive governments have wilfully refused to enact evidence-based policy, despite the significant majority of young Australians demanding change. Sian Perry reports.
Should the Narrabri project get the green light, high levels of CO2 will be vented straight into the atmosphere, hardly the credentials for a “low carbon” transition fuel claimed by Santos in its 2020 Climate Change Report. Chemical engineer and energy industry veteran, Dr Andrew Grogan reports.
The "Battle for Narrabri" continues to rage under cover of Covid darkness. A new report on well data in the Pilliga Forest challenges claims by Santos that gas from its Narrabri Gas Project will be low on emissions. Anna Christie reports.Santos has told its...
Having dithered on real action to tackle global warming, some in the Coalition are now taking a keen interest in solving it — by going nuclear. Noel Wauchope investigates what's behind the sudden push to overturn legislation prohibiting the exploration and mining of...
Plans by Scott Morrison and Angus Taylor to deliver power plants across the nation are in disarray; the $1 billion Grid Reliability Fund has not materialised, green bank investment has shuddered to a halt and the $300 million fund at the heart of the National Hydrogen Strategy has vanished
As Santos reports its profits this week, there is one number you are unlikely to hear from chief Kevin Gallagher: $7 billion. That’s $7 billion in gas losses over five years
In the aftermath of the worst bushfire crisis in Australia’s history, Whitehaven Coal and the NSW Mineral lobby are trying to push a new coal mine through the Independent Planning Commission. This is one of dozens of new coal projects.
Battery metal Sovereign Wealth Fund for Australia
BlackRock, the world’s biggest fund, is quitting thermal coal. The move by the $10 trillion fund has stunned financial markets. While the people protest in the streets, progressive analysts such as IEEFA’s Buckley, who had lobbied hard for the BlackRock decision, protest about climate change to global finance bosses.
Who Pays: should ordinary taxpayers foot the bill for bushfires or the fossil fuel giants who pay no tax?
Five of Australia’s top coal companies – Peabody, Yancoal Sumitomo, Citic and Whitehaven – racked up $54 billion in total income over the past five years and paid zero income tax in Australia, according to Tax Office corporate tax data. Fossil fuel companies should foot the bill for the fires, not ordinary taxpayers.
As bushfires rage and the demands for action on climate rise, the gas cartel is developing a suite of enormous fossil fuel projects destined to blow Australia’s commitments to the Paris Agreement to smithereens”. Michael West reports on the push to frack new provinces; the propaganda and the reality.
Norway delivered its oil & gas riches to its people, Australia delivered the profits into foreign hands, having done the exploration, spending years and billions proving up giant gas fields. As the gas cartel rakes in the profits exporting LNG at the expense of local consumers
What an outrage it is that the Northern Territory doesn’t increase its grape production, rather than importing wine from South Australia! And what about those lazy Tasmanians; rather than producing their own mangoes and pineapples they import them from Queensland!
Liquid Natural Gas (LNG) is a trillion-dollar, climate change-inducing value destruction machine. It relies on false economics, selective accounting and political capture. Stewart Taggart reports.
“This ticks so many boxes,” an adamant George Christensen told Seven News. “Local jobs, indigenous self-empowerment, indigenous training, local jobs”.
The sudden push by Murdoch media and Coalition right-wingers to overturn the nuclear power ban ignores the chilling economic cost. According to Noel Wauchope, it’s enough to give we taxpayers an attack of the collywobbles.
Why would a billionaire persist with a mine that will probably lose money? John Quiggin explains. BY MID-JUNE, if everything goes as expected, Adani Australia will receive the final environmental approvals for its proposed Carmichael coal mine and rail...
Defying all odds, prospects for Adani’s coal mine in the Galilee Basin have never looked better. This is a risk for Australia, and the world
This reporter had not been barred from attending a public meeting in two decades of journalism but it finally happened. Michael West reports on the sneaky push to exempt a Chinese-owned tax avoider from the National Gas Rules
The Adani pile-on continues apace this week with Bob Brown's Stop Adani convoy, Queensland Government's rejection of the miner's management plan for the endangered Black-Throated Finch and the UK's upping of the global stakes with its "climate emergency"....
Treasurer Josh Frydenberg's first budget tomorrow is expected to deliver a predicted surplus thanks to Australia enjoying its second largest increase in mineral exports on record. But for the winner of the 2019 federal election, the surplus will likely be short-lived...