What’s the story?
Fossil fuel industry consultant Brian Fisher has released so-called “independent” modelling looking at the economic cost of reducing greenhouse gas emissions, but his research is deeply flawed.
Is the modelling credible?
No. Fisher’s report fails to consider the economic benefits for Australia from investing in renewable energy and new technologies as well as failing to quantify the costs of not acting to prevent climate change.
Several of his findings are implausible. For example, his findings on electricity prices are contrary to a range of detailed Australian studies showing more renewable energy means lower wholesale electricity prices.
This is a distraction.
The Federal Government has a poor record on climate change and is running a scare campaign to distract from this. Since the Liberal National Party has been in government, pollution has gone up, electricity and gas prices have gone up and extreme weather events have worsened.
Australians are demanding action on climate change.
Australia saw the largest ever demonstrations on climate change last week. Polling around the country consistently shows Aussies want the Federal Government to protect them and the places they love by taking immediate and serious steps to address climate change.