Climate change is making insurance more expensive in Australia, with insured catastrophe losses reaching a record $7 billion in 2022. These costs are adding to inflation, increasing up to five times faster than the consumer price index. Costs are not shared equally, with some premiums in the north of the country double those in the...

According to the Australian Government’s Future Gas Strategy, gas is “critical” to the nation’s economy. In view of this, many Australians might be surprised to learn that a large amount of the country’s gas reserves are essentially being given away for free. This paper provides the details and recommends: a comprehensive inquiry into the mismanagement...

The Australian Government is budgeting for green hydrogen production of around 500,000 tonnes per year into the 2040s. Given the first users of green hydrogen will be existing industrial users of fossil hydrogen, this leaves no hydrogen for export from Australia. This briefing note formed part of the Australia Institute’s submission to the Hydrogen Production...

The research outlined in this report reveals that the Australian governments charge no royalties on 56% of the gas that is exported from Australia. Over the last four years, multinational companies made $149 billion exporting gas they got for free. If royalties had been charged on this gas, at least $13.3 billion in revenue could...

The authors of this paper argue that Australia is not taking serious action on climate change. Instead, the majority of its governments continue to subsidise the fossil fuel industry and greenwash their poor climate policies. The authors suggest that cutting fossil fuel subsidies would not only help achieve genuine reductions in emissions, but would save...