Original article by Mark Ludlow
The Australian Financial Review – Page: Online : 13-Sep-19
Fossil fuels accounted for 81 per cent of Australia’s electricity generation in 2018, according to a report to be released on 13 September. The Department of Environment and Energy’s Australian Energy Update shows that coal was the dominant producer of electricity, accounting for 60 per cent of generation, and that over 75 per cent of electricity generation in Queensland, New South Wales and Victoria was coal-fired. Despite the continued dominance of fossil fuels when it comes to electricity generation, Energy Minister Angus Taylor says Australia leads the world in terms of clean energy investment.
AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY
Original article by James Fernyhough
The Australian Financial Review – Page: 17 : 8-Jul-19
A report commissioned by the Australian Conservation Foundation contends that the nation will be responsible for up to 13 per cent of the world’s carbon dioxide emissions by 2030. Prepared by German think tank Climate Analytics, the report takes into account emissions from Australian fossil fuel exports that are burnt in other countries. The Minerals Council of Australia estimated in 2018 that demand for imported thermal coal in Asia could rise by up to 400 million tonnes by 2030, while Gavan McFadzean from the ACF rejects the suggestion that Australia should not be responsible for what other countries do with its fossil fuels.
AUSTRALIAN CONSERVATION FOUNDATION INCORPORATED, CLIMATE ANALYTICS, MINERALS COUNCIL OF AUSTRALIA
Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 8 : 1-Dec-15
Prime Minister Malcolm Turnbull will not sign a global agreement to gradually eliminate fossil fuel subsidies. Opposition from mining companies and farmers was too strong for the Australian Government to ignore. The Fossil-Fuel Subsidy Reform Communique, which the Government was meant to sign on 30 November 2015, was opposed by these two sectors on the grounds that it would cost jobs.
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF THE ENVIRONMENT, MINERALS COUNCIL OF AUSTRALIA, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, INTERNATIONAL ENERGY AGENCY, AUSTRALIAN CONSERVATION FOUNDATION INCORPORATED
Original article by Amanda Saunders, Jemima Whyte
The Australian Financial Review – Page: 7 : 28-Aug-15
The City of Melbourne will examine its investment policy with a view to divesting its shares in fossil fuels. Councillor Arron Wood said the council was aiming for zero net emissions by 2020 and it was important to lead by example. Albury City Council has also decided to review its investments following Newcastle’s shock decision to sell its shares in banks which fund miners.
CITY OF MELBOURNE, NEWCASTLE CITY COUNCIL, ALBURY CITY COUNCIL, MOUNT ALEXANDER SHIRE COUNCIL, WESTPAC BANKING CORPORATION – ASX WBC, CITY OF SYDNEY, CITY OF PERTH, BLUE MOUNTAINS CITY COUNCIL
Original article by Amanda Saunders, Ben Potter
The Australian Financial Review – Page: 1 : 27-Aug-15
The Minerals Council of Australia has called the City of Newcastle’s decision to dump its holdings in banks that finance fossil fuel projects a "pointless sham" and urged it to support the local economy. The New South Wales city is home to the world’s biggest coal port. Mining’s direct spend in Newcastle is about $A1.8 billion a year, rising to $A5.9 billion when the greater Hunter region is taken into account. The divestment decision was supported by Australian Labor Party and Australian Greens councillors.
NEWCASTLE CITY COUNCIL, MINERALS COUNCIL OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, NEW SOUTH WALES MINERALS COUNCIL, AUSTRALIAN BANKERS’ ASSOCIATION, RESPONSIBLE INVESTMENT ASSOCIATION AUSTRALASIA, ME BANK
Original article by Peter Hannam
The Sydney Morning Herald – Page: 12 : 9-Jan-15
A study by University College London assesses the limits on carbon emissions needed to ward off dangerous climate change. The research finds that for increases in worldwide temperatures to remain within two degrees Celsius of pre-industrial levels, 82 per cent of global coal and 50 per cent of gas reserves must stay unmined. Julien Vincent of Market Forces says the study suggests that Australia will soon surpass the level of coal output with which a stable climate can cope, it it has not already
UNIVERSITY COLLEGE LONDON, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT, FRIENDS OF THE EARTH, ADANI ENTERPRISES LIMITED, AUSTRALIAN GREENS, MINERAL COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF THE ENVIRONMENT, FAIRFAX MEDIA LIMITED – ASX FXJ, INTERNATIONAL ENERGY AGENCY