Australia’s Fossil Fuel Exports Exposed: Second Only to Russia in Climate Damage, No Reduction Plan in Sight!

Published: August 11, 2024

Australia's Fossil Fuel Exports Exposed: Second Only to Russia in Climate Damage, No Reduction Plan in Sight!

Lucie
Editor

Australia’s Fossil Fuel Impact on Climate

In a startling revelation, Australia’s coal and gas exports are second only to Russia in terms of climate damage. This finding comes from a new study commissioned by the University of New South Wales’ Australian Human Rights Institute. The analysis indicates that Australia’s role in global emissions is far more significant than previously understood.

The study highlights that Australia was the third-largest fossil fuel exporter on an energy basis in 2021, following Russia and the US. However, on an emissions basis, Australia ranked second due to its high coal export volume. This positions Australia as a major player in global emissions despite its relatively low domestic emissions.

Australia’s fossil fuel exports contribute to 4.5% of global emissions when included in the global total, a significant leap from the 1% attributed to domestic emissions alone. These figures underscore the extensive impact of Australian fossil fuel exports on the climate crisis.

The analysis further warns that Australia’s current trajectory is incompatible with international climate commitments. Government forecasts suggest that fossil fuel exports will remain high until at least 2035, jeopardizing global efforts to transition to renewable energy sources.

Calls for Policy Change and Accountability

Bill Hare, CEO of Climate Analytics, argues that Australia’s strategy of expanding fossil fuel exports is at odds with its international commitments. He emphasizes the urgent need for the country to align its policies with the science of climate change and the goals set at global climate summits.

Dr. Gillian Moon from the Australian Human Rights Institute points out the inconsistency in Australia’s approach. Despite its high vulnerability to climate impacts, the country has no plan to reduce fossil fuel exports, which account for a significant portion of its emissions.

The report suggests that Australia should take a more proactive role in encouraging its major export partners, such as Japan, South Korea, and Taiwan, to shift to renewable energy sources. This could significantly reduce the global climate impact of its fossil fuel exports.

Key recommendations include:

  • Engaging in diplomatic efforts to promote renewable energy adoption among major fossil fuel importers.
  • Collaborating with other fossil fuel exporting nations to create a unified approach to phasing out coal and gas exports.
  • Implementing domestic policies that support a transition to renewable energy within Australia.

Global and Domestic Consequences

According to the report, if the global community aims to meet the Paris Agreement’s target of limiting global warming to 1.5°C, emissions from fossil fuels need to be cut by 64% by 2035. This requires a significant reduction in fossil fuel exports, which Australia is currently not planning.

The analysis reveals that Australian fossil fuel exports in 2023 could lead to 1.15 billion tonnes of CO2, nearly three times the emissions produced within the country. This statistic highlights the urgent need for Australia to address its export-related emissions.

Furthermore, Australia is a leading exporter of metallurgical and thermal coal, which are crucial for steel-making and electricity generation respectively. The country’s role in the global coal market adds another layer of complexity to the climate crisis.

Despite these challenges, the Australian government continues to approve new fossil fuel projects. Recent data shows a surge in oil and gas exploration permits, raising concerns about the country’s commitment to its climate goals.

Future Outlook and Recommendations

The report by the Institute for Energy Economics and Financial Analysis challenges the notion that countries like Japan are dependent on Australian gas. It highlights a 25% reduction in gas demand in Japan over the past decade, suggesting a shift towards more sustainable energy sources.

However, Australian policymakers have yet to fully embrace this transition. The continued approval of new fossil fuel projects indicates a reluctance to move away from traditional energy sources, despite clear evidence of their environmental impact.

For Australia to align with global climate goals, it must develop a comprehensive plan to reduce fossil fuel exports. This includes fostering international cooperation and investing in renewable energy infrastructure.

Ultimately, the global community must hold Australia accountable for its climate impact. By addressing its export-related emissions, Australia can play a crucial role in the worldwide effort to combat climate change and protect the planet for future generations.

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