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Bruce Robertson
Federal Government’s $50 million handout to Northern Territory gas industry a shocking waste of taxpayer dollars
The Federal government’s $50 million handout to the Northern Territory’s failing gas industry to fast-track exploration in the Beetaloo Basin is a waste of taxpayer money that will bring zero return. The gas industry is not even investing itself, so why would the Federal Government? Gas companies have been cutting production and sacking workers. Stimulating […]
Bruce Robertson
With LNG worse for the climate than coal, Australia must adjust to our export markets shrinking
With polluting emissions from LNG 13% higher than gas, and Australia’s primary export destinations targeting net zero emissions and therefore less dirty LNG, Australia’s gas-led recovery is looking increasingly like the Australian government is ‘flogging a dead horse’. Australia’s core export markets for LNG, coal and iron ore – Japan, South Korea and China – […]
Press Release and Bruce Robertson
The Narrabri gas project must be rejected
26 August 2020 (IEEFA Australia): The NSW Independent Planning Commission (IPC) will have no other avenue but to reject the proposed coal seam gas project in Narrabri, New South Wales after assessing the clear and unequivocal evidence surrounding the many economic and environmental, social and governance issues related to the proposal, notes the Institute for […]
Bruce Robertson
The NCCC’s gas-based agenda is bound for failure
Australia’s National COVID-19 Coordination Commission (NCCC) has outlined its plans for a gas-fired recovery in a leaked report. Essentially it is looking to lower the domestic price of gas to $4/gigajoule by following the U.S. model of gas production and build a gas intensive manufacturing base off the back of this cheap resource. There are […]
Bruce Robertson
This is a mistake.
The coronavirus pandemic continues to take its toll. Most countries still have cities and regions in lockdown, businesses are losing money hand over fist, and people everywhere are being sorely affected. During these extraordinary times, governments are already planning for a post-locked-down world. Questions are being raised about whether we need to bring old habits […]
Press Release and Bruce Robertson
5 March 2020 (IEEFA Australia): The gas industry is misleading government, investors, customers and the broader population about the amount of carbon dioxide and methane emissions being released during production, supply and distribution of both conventional or ‘natural’ gas and its product for export – liquefied natural gas (LNG), finds a new report out today […]
Press Release and Bruce Robertson
Government backs a losing company, and a losing industry
19 February 2020 (IEEFA Australia): Australian energy company Santos which owns the yet to approved government-backed Narrabri gas fields in New South Wales has suffered $6.9 billion in write-offs on Australian coal seam gas (CSG), shale gas and its ill-fated CSG to LNG project at Gladstone in just five years and a further $58 million […]
IEEFA
Briefing note: The Narrabri Coal Seam Gas Project (pdf) By Tim Buckley, Director of Energy Finance Studies, Australasia
IEEFA
Tim Buckley, Newcastle Herald – NEWCASTLE – “The recent article in the Newcastle Herald by Michael West (Glencore tax bill on $15b income: zip, zilch, zero) brilliantly highlighted a harsh truth: when it comes to paying tax, multinationals play by their own rules. Be it Glencore, Facebook or Google, these companies work primarily for their […]
IEEFA Australia: The state of NSW should not sponsor a loss-making, wealth destroying industry
The Narrabri gas project must be rejected26 August 2020 (IEEFA Australia): The NSW Independent Planning Commission (IPC) will have no other avenue but to reject the proposed coal seam gas project in Narrabri, New South Wales after assessing the clear and unequivocal evidence surrounding the many economic and environmental, social and governance issues related to the proposal, notes the Institute for […]