'This was the absolute wrong time to be having an austere budget.'

'These measures that the Government is putting out aren't so much increasing inflation, it's actually just helping.'

Greg Jericho Matt Grudnoff #Budget2024

$9.3 billion surplus and almost every public school in Australia is underfunded, while enrolling the vast majority of the neediest & so most expensive to teach students. This is a long term disaster for this country.

There are good things in tonight's #Budget24 , but there are just worse things happening to Australians out there.

In this budget, fossil fuel subsidies dwarf renewable spending.

'They're not addressing the big problems,' says Richard Denniss.

'The gas industry is going to pay less tax, less Petroleum Resource Rent Tax.'

'They've downgraded by over $3 billion the amount they’re expecting to collect from the gas industry.'

Senior Economist Matt Grudnoff
Matt Grudnoff Greg Jericho #auspol #Budget2024

As Richard Denniss says, budgets are about choices. Here’s one choice: the amount we spend on defence compared to what we spend on diplomacy. Probably worth thinking a bit more about what actually makes us safer. #Budget2024

For the sake of our children and grandchildren, we must listen less to fossil fuel lobbyists and more to climate scientists.

thenewdaily.com.au/finance/2024/0…

Polly Hemming Also if needed loss and damage funding is US$400b, then Australia's 'fair share' of that (by the size of our economy) is $12bn each year...

theguardian.com/environment/20…

In Guardian Australia, Peter Greste and I on the democratic implications of David McBride being imprisoned for almost 6 years theguardian.com/media/commenti…

Government: 'Uncertainty about the physical impacts of climate change and the global transition to net zero emissions poses risks to the fiscal outlook.'

Also Government: FUTURE GAS STRATEGY AND FOSSIL FUEL SUBSIDIES FOREVERRRRRRRRRR

#climate #auspol #Budget2024

Government: 'Uncertainty about the physical impacts of climate change and the global transition to net zero emissions poses risks to the fiscal outlook.'

Also Government: FUTURE GAS STRATEGY AND FOSSIL FUEL SUBSIDIES FOREVERRRRRRRRRR

#climate #auspol #Budget2024

Looks like the climate finance Australia announced for the Pacific & Green Climate Fund at COP28 is coming mostly from existing funds.
i.e. It's not new $ and now something else doesn't get $.
#auspol #climate #Budget2024
dcceew.gov.au/about/news/cop…
#auspol #climate #Budget2024

The Australian Government is so confident that fossil fuel use is going to increase in Australia that they are actively budgeting for it.
Renewable energy...not so much.
#auspol #climate #Budget2024 Australia Institute

Remember when the Minister for Climate Change Chris Bowen said the private sector had to 'go it alone' on carbon capture and storage?
(this doesn't include the leg/policy support the govt has already given to ccs since 2022)
#auspol #climate #Budget2024
afr.com/companies/ener…

I would have thought that funding environmental legal services would do more to 'protect Australia’s natural environment, ecosystems and biodiversity' than litter prevention. But maybe that's just me.
#climate #auspol #Budget2024

On Friday morning the Member for Macnamara told Patricia Karvelas and voters he was shocked Labor was backing gas beyond 2050.

This afternoon he voted *against* stopping Labor's gas expansion. There he is on the floor of the House... on the right.

Will he revise his statement?

'We're saying we're going to take action on climate change, but the reality is that we're actually budgeting to use more fossil fuels into the future, not less.'

Research Director Rod Campbell on SBS Australia discussing our latest Fossil Fuel Subsidies report
#auspol Roderick Campbell

Breaking: David McBride (David McBride) has been sentenced to almost 6 years' imprisonment for leaking documents to the ABC which formed the basis for the Afghan Files reporting. This is a dark day for our democracy & will have a grave chilling effect on potential whistleblowers

The only coverage I've seen of the fact our global carbon budget is down to 150Gt - despite this possibly being the most important news in the world?

michaelwest.com.au/the-other-budg…

'Offsets are currently incentivising lazy behaviour by the big end of town,' said Professor Eckard, from the University of Melbourne. Richard Eckard
stockandland.com.au/story/8625632/… #climate #auspol

Fossil fuel subsidies hit $14.5 billion.

Ahead of #Budget2024 , our analysis finds that state & federal governments provided $14.5 billion in subsidies to fossil fuel producers & major consumers in 23-24... $540 for every person in Australia. #auspol .

canberratimes.com.au/story/8626026/…