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Richie Merzian Profile picture
@RichieMerzian
Sep 14, 2020 • 12 tweets • 8 min read • Read on X
NEW - Morrison will 'fire the recovery' with fossil gas

Expect new gas hub, new pipeline, gas plants, gas research & 'voluntary industry-led code of conduct'

Ensuring efforts to recover from Covid crisis exacerbates the climate crisis

Thread #auspol
smh.com.au/politics/feder…
Creation of an ‘Australian Gas Hub’ is eerily familiar to what Covid-19 Commission adviser, Saudi Aramco Board Member Andrew Liveris wants by importing the US gas boom (and bust) approach

Andrew 'tingles with pride' over Trump Liveris #auspol
“Unlocking five key gas basins” will be disastrous for Australia’s greenhouse gas emissions

Just two biggest Basins, along with existing pipeline of 22 major gas projects would almost equal Australia's total gas production

See @TheAusInstitute report
tai.org.au/sites/default/…
“New agreements with the three east coast LNG exporters” is too little too late.

The exporters have helped triple gas supply in the last decade and yet Australians pay more for their gas.

And a 'voluntary industry-led code of conduct' lulz

Background
abc.net.au/news/2017-03-0…
New money for "CSIRO's GISERA" sounds nice till you realise its compromised by its model

An alliance of fracking companies Santos, Origin Energy, Shell, China National Offshore Oil Corporation and Tokyo Gas

The most recent report from GISERA 🤔
abc.net.au/news/2020-07-1…
Call for new gas pipelines, what Nev Power and Liveris were proposing in the Covid Commision.

But according to head of gas pipeline company APA:

“It is a throwaway thing to say we need more pipelines....The lack of pipelines is not the constraint.”

afr.com/companies/ener…
Gas the job creator?

Not if you actually want to effectively create jobs.
It employs 0.2% of workforce.

Its the worst sector to invest in for job-creation cause its so capital intensive

See @TheAusInstitute @Tom_Swann @MarkOgge report tai.org.au/sites/default/…
Now @AngusTaylorMP long-awaited Liddell Taskforce, which threatened to keep Liddell open, is now threatening to build its own gas plant if the private sector doesn’t jump to it

After delaying the transition it is now chastising everyone for waiting!!!

reneweconomy.com.au/angus-taylors-…
AGL announced closure in 2017 with plan to replace with cleaner power generation

Doubtful as always, gov requested @AEMO_Media investigate.

Result - "AGL’s plan would deliver sufficient dispatchable resources to fill the identified 850 MW resource gap"
aemo.com.au/-/media/Files/…
So why gas and why now?

Well coal for the Kurri Kurri site not popular with Taylor (see abc.net.au/radio/ballarat…)

He needs to justify more domestic demand for fossil gas, so in comes gov's Snowy Hydro to build CC gas plant

Thoughts @simonahac @KetanJ0 @dylanjmcconnell ?
Do we even more gas plants?

"There is no strong case for more gas generation in the NEM given the current 4.4 GW of combined cycle and 7.0 GW of open cycle (peaking) gas generators are used well below their capacity factors" -@HughSaddler

@adamlmorton
theguardian.com/environment/20…
Overnight BP's influential energy outlook came out

Gas outlook does not pay a transitional role under a net-zero by 2050 approach to climate change and only goes up if you ignore taking climate action.

HT @ntsafos
bp.com/en/global/corp…

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More from @RichieMerzian

Richie Merzian Profile picture
Apr 18, 2022
The PM will tell WA Mining Execs today he will roll out red carpet for gas and coal justified by 'events in Europe'

What do events in Lismore remind us?

Or the Black Summer bushfires?

Or the European event in Glasgow he just attended?

Thread #auspol

theaustralian.com.au/nation/politic…
The PM claims we need more fossil fuels

The IEA warns we can't open any new gas and coal projects and keep to 1.5 degrees

@TheAusInstitute warned net zero by 2050 is a fraud if fossil fuels flourish

There are 116 new gas and coal projects in Aus 🤦

theguardian.com/environment/20…
The Prime Minister has made three big claims today

- no mining tax
- no carbon tax
- no adverse changes to fuel tax credit arrangements

This is bad policy for climate change action and bad economic policy tool

Lets break each one down #auspol
Read 8 tweets
Richie Merzian Profile picture
Oct 26, 2021
The Prime Minister and @AngusTaylorMP about to step up for the LONG AWAITED (and likely underwhelming) press conference on #COP26 plan

What to watch out for (thread)
- is it responding to request to increase short term target (this decade - known as an NDC going to 2030)
So far alot of talk about a balanced plan, to 'protect industries' and 'backs Australians' 'uniquely Australia' 'by Australians for Australians'

What does it do though - yep there were go 'technology not taxes'

Thats code for supporting the fossil fuel industry.
The PM's plan is 'not an revolution but a careful evolution'

With 'a policy review mechanism'

Having @ozprodcom review it every five years begining 2023 (why not use the purpose built Climate Change Authority to review this all?)
Read 9 tweets
Richie Merzian Profile picture
Apr 22, 2021
The United States, the world's largest economy is about to officially annouce atleast a HALVING of its emissions and new @TheAusInstitute shows Australia should do the same

Thread #auspol
At Biden’s Earth Day Leaders #ClimateSummit tonight, Australia will be left behind when the US announce 50-52% cut to emissions by 2030.

We have no reason not to follow. That is what fair, proportional and aligned with Paris Agreement #auspol #abc730

thenewdaily.com.au/news/2021/04/2…
New @TheAusInstitute research shows the US and Aus have followed parallel emission paths.

The US significant increase to 50% cut could be copied by Australia to keep both aligned.

Copying a 50% cut would be proportional and fair #auspol #abc730
Read 47 tweets
Richie Merzian Profile picture
Apr 21, 2021
Full page ad in @theage from broad coalition today telling Victorian Treasurer @timpallas & Vic MPs to drop plans to tax Electric Vehicles

A tax only approach to EVs tax will harm Victorian's access to cleanest most affordable EVs

#springst #auspol

australiainstitute.org.au/post/25-organi…
Victoria is the only place in the world that is bringing in a tax on EVs with no incentives to balance it out

EVs are cheaper to fuel, to maintain and good for climate but the cheapest models aren't coming here cause of moves like this from @timpallas

theage.com.au/politics/victo…
Australia has one of the lowest uptakes of EVs in the OECD and there are no federal policies to drive EV uptake or even curb transport emissions.

The vacuum of leadership at the federal level is leaving states to introduce harmful approaches like this

theguardian.com/environment/20…
Read 4 tweets
Richie Merzian Profile picture
Aug 27, 2020
Minister @AngusTaylorMP is trying to amend Australia's green bank @CEFCAus from a profit-making investor in renewables to a loss making underwriting of fossil fuel projects

Key concerns with amendment (thead) #auspol

smh.com.au/politics/feder… summary in @smh from @micksfoley
1. Invest

Definition of 'investments' to now include funding projects that 'may not have a return on investment'

Why make a successful public bank do that?

So it can back in dud projects cherry-picked by Minister Taylor (hint -they are gas + coal)

thesaturdaypaper.com.au/news/politics/…
2. Gas

Changes the definition of 'low emissions technology' to include a fuzzy thing on 'low emissions energy system' (see pic)

Why?

To specifically include gas and probably also coal.

Only assurance its not coal is a throwaway line in the Explanatory Memo - nothing in law!
Read 7 tweets
Richie Merzian Profile picture
May 18, 2020
Energy and Emissions Reductions Minister #AngusTaylor quietly commissioned fossil fuel executive Grant King to review gov climate policy

Its out and its worrying

It help polluters with quicker, cheaper, easier reductions at climate's and taxpayer's expense.
#auspol

Thread
First this is a red carpet exercise for the Government's failed clean coal technologies

This includes amending mandates for our clean energy funding bodies the @CEFCAus and @ARENA_aus to now allow them to not fund clean energy through CCS

smh.com.au/politics/feder…
King calls for the limited climate funding (only $2b over 10yrs vs 100 times that spent on #covid19) to go to Carbon Capture and Storage

The gov has already spent $1.3b on CCS with nothing to show for it, see @TheAusInstitute report

Yep clean coal 2.0

tai.org.au/content/money-…
Read 12 tweets

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