Australia’s major political parties, brought to you by fossil fuels!

February 2020 Every year, Australian governments and their departments spend billions of dollars of your money so that more coal, gas and oil can be extracted and burned. Favourable decisions include: tax-based subsidies direct contributions concessional loans from public financial institutions lax environmental laws and approvals for disastrous projects. Meanwhile, … Read More

Friends in high places: fossil fuel political donations

February 2019 Every year, Australian governments and their departments spend billions of dollars of your money to help more coal, gas and oil to be extracted and burned. Favourable decisions include: tax-based subsidies direct contributions concessional loans from public financial institutions lax environmental laws and approvals for disastrous projects. Meanwhile, … Read More

#StopAdani Corporate Villains tour of Melbourne, 1 Nov

We are at an important stage of the #StopAdani Campaign. A crucial period where Adani is racing against the clock to reach financial close and convince the Australian Government to fund its climate destruction. We are learning more and more about Adani’s shady business dealings, and it’s time to shed … Read More

Victoria steps up on political donations reform, now for the Feds

19 September 2017 In light of the Victorian Government’s proposed changes to political donation laws, we thought we should share our submission to the federal Joint Standing Committee on Electoral Matters, which we made on 11 September 2017. But firstly, what has the Victorian Government actually proposed? There is a … Read More

How could the Future Fund finance Carmichael coal?

This briefing originally appeared on RenewEconomy, 30 March 2016 Could Australia’s sovereign wealth fund be the key source of finance that enables Adani’s Carmichael mega coal mine in the Galilee Basin? News has emerged that India’s Finance Minister, Arun Jaitley, will meet with Finance Minister Mathias Cormann and Chairman of the Future … Read More

The polluting power of political donations

1 February 2016 Federal Treasury on Friday published the 2015 Tax Expenditure Statement (TES), which details the cost of all the various tax-based subsidies under current policy. It’s by no means a riveting read, and we wouldn’t recommend you trawl through it yourself. Instead, we’ve put in the hard yards … Read More

2015: coal loses, community wins.

21 December 2015 The global coal industry stumbled into 2015 looking pretty peaky. Analysts across the finance sector were increasingly using terms like “structural decline” to describe its state and its future, while the spin-meisters spent a fortune hitting back with a new PR campaign that suggested coal was critical … Read More

Australia reluctantly agrees to OECD coal finance restrictions

18 November 2015 Finance ministers from the OECD group of wealthy nations have reached an agreement to stop financing the highest polluting new coal power plants. Originally proposed by Japan and the US, the deal ensures that all new coal plants will only eligible for OECD government finance if they … Read More