19 12, 2022

Australian Coal And Gas Exporters Gain AUD $85 billion Windfall Profits (Video)

By |2023-07-14T10:17:14+00:00December 19, 2022|Reports|Comments Off on Australian Coal And Gas Exporters Gain AUD $85 billion Windfall Profits (Video)

Australian coal and gas exporters have reaped additional windfall profits of up to AUD $85 billion, according to new research by the Australia Institute, a progressive think tank. This comes as households and businesses struggle with surging energy prices, with further increases forecast for 2023. Coal export windfall profits were between AUD $39 billion and AUD $45 billion in 2021-22, reveals the new report 'From Russia With Love'. Between AUD $13 billion and AUD $23 billion of this is directly [...]

18 12, 2022

Burning Australian Timber for Electricity No Longer Classed as Renewable Energy (Video)

By |2023-07-14T10:17:43+00:00December 18, 2022|Reports|Comments Off on Burning Australian Timber for Electricity No Longer Classed as Renewable Energy (Video)

Electricity generated by burning Australian timber is no longer classified as renewable energy, Climate and Energy Minister Chris Bowen has announced in a statement. This change means that native forest biomass is no longer an "eligible renewable energy source" for the purposes of Australia's Renewable Energy Target. The electricity it generates is also no longer compatible with tradeable large-scale generation certificates, the government has confirmed.  This decision revokes the Abbott government's controversial move in 2015, which incentivised burning Australian forest [...]

14 12, 2022

The Myth of Clean Coal: MP Alleges Fraud in Australian Coal Industry (Video)

By |2023-07-14T10:18:14+00:00December 14, 2022|Reports|Comments Off on The Myth of Clean Coal: MP Alleges Fraud in Australian Coal Industry (Video)

An MP has made a speech in the Federal Parliament claiming leaked documents prove that Australian companies have been lying for years about the quality of Australian coal. An industry whistleblower provided thousands of documents revealing that companies have been creating fraudulent quality reports for their coal exports and paying bribes.  Andrew Wilkie, an independent MP, said that this misconduct involves coal exports to Japan, South Korea, China and India. The companies involved include TerraCom, Anglo American, Glencore, Peabody and [...]

14 12, 2022

Federal Court Rejects Santos Appeal, Putting Offshore Oil and Gas in Spotlight (Video)

By |2023-07-14T10:19:23+00:00December 14, 2022|Reports|Comments Off on Federal Court Rejects Santos Appeal, Putting Offshore Oil and Gas in Spotlight (Video)

Tiwi Islanders are celebrating another historic legal win against oil and gas giant Santos. This month, the Federal Court dismissed Santos' appeal to drill offshore in Tiwi Sea Country for its Barossa gas project. In September, the Federal Court agreed with Dennis Tipakalippa, Tiwi Island Senior Lawman, that Santos had failed to consult First Nations peoples on the project, as required under legislation. Mr Tipakalippa argued that NOPSEMA, the federal offshore gas regulator, should not have approved Santos' drilling permit [...]

14 12, 2022

IEA Forecasts Renewable Energy Boom in Australia Over Next Five Years

By |2023-07-14T10:20:13+00:00December 14, 2022|Reports|Comments Off on IEA Forecasts Renewable Energy Boom in Australia Over Next Five Years

Renewable energy capacity in Australia will almost double in the next five years, according to a new report from the International Energy Agency (IEA). This outlook is on par with the global forecast and would result in renewables overtaking coal as the largest source of electricity generation by early 2025. This sharp acceleration in the clean energy transition helps to keep the possibility of limiting warming to 1.5°C alive, the report finds. The IEA's 'Renewables 2022' report increases its global [...]

7 12, 2022

First Annual Climate Change Statement: No Time to Lose to Slash Emissions in Australia (Video)

By |2023-07-14T10:20:28+00:00December 7, 2022|Reports|Comments Off on First Annual Climate Change Statement: No Time to Lose to Slash Emissions in Australia (Video)

For those who suffered through the fires and floods in Australia in recent years, it might be no surprise that climate change impacts are already worse than predicted. Despite global pledges, fossil fuel emissions continue to rise, and the planet keeps getting hotter yearly. This has resulted in Australia's climate disasters "becoming increasingly devastating, increasingly frequent, increasingly unnatural", said Climate Change Minister Chris Bowen during his delivery of the country's first Annual Climate Change Statement on 1st December 2022. It [...]

25 11, 2022

Australia at COP 27: Key Takeaways

By |2023-07-10T14:39:46+00:00November 25, 2022|Reports|Comments Off on Australia at COP 27: Key Takeaways

COP 27 delivered a mixed bag for the climate. Two weeks of painstaking negotiations finally ended with the “historic” loss and damage fund agreement. This success is credited to tireless advocacy from the Global South, who have fought for years to secure this on the agenda. However, glaring omissions in the final agreement, such as an emphasis on fossil fuel phase-out and emissions reductions, remain of critical concern. Some have attributed this to the high presence of fossil fuel interests [...]

22 11, 2022

Breakthrough for Climate Justice as Loss and Damage Fund Finally Agreed (Video)

By |2023-07-14T10:22:39+00:00November 22, 2022|Reports|Comments Off on Breakthrough for Climate Justice as Loss and Damage Fund Finally Agreed (Video)

In a victory for climate justice, COP27 closed with a deal for a loss and damage fund, which developing nations have been calling on for decades. The fund will compensate those countries hit hardest by climate disasters. These countries have limited resources to rebuild and have contributed little to the crisis. "This COP has taken an important step towards justice", said UN Secretary-General António Guterres in response to the news.  Reaching an agreement on a deal has been a long battle. [...]

20 11, 2022

Mike Cannon-Brookes’ AGL Board Shakeup Marks New Era for Energy Giant

By |2023-07-14T10:21:38+00:00November 20, 2022|Reports|Comments Off on Mike Cannon-Brookes’ AGL Board Shakeup Marks New Era for Energy Giant

Software billionaire and climate activist Mike Cannon-Brookes has succeeded in shaking up the board of AGL, signifying a new era for climate accountability and action from the energy giant. Shareholders approved all four of Mr Cannon-Brookes' proposed candidates to join the company's board at the 2022 Annual General Meeting on 15th November. This sweeping leadership change could see Australia's biggest climate polluter become the centre of the country's renewable transition, says Greenpeace Australia Pacific. The new board members are Dr [...]

17 11, 2022

Australia Joins the Forests and Climate Leaders Partnership at COP27 (Video)

By |2023-07-14T10:22:00+00:00November 17, 2022|Reports|Comments Off on Australia Joins the Forests and Climate Leaders Partnership at COP27 (Video)

Australia has joined the Forests and Climate Leaders Partnership (FCLP) as a founding member. The new international group will enhance global cooperation in forest-based initiatives and drive climate action. The partnership launched at the inaugural Forest and Climate Leaders' Summit at COP27 in Egypt, in November 2022. The FCLP is a voluntary partnership of 26 countries, co-chaired by the United States and Ghana. The partnership will help deliver on the commitment to halt and reverse forest loss and land degradation by 2030, [...]

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