Australia has 116 new coal, oil and gas projects in the pipeline. If they all proceed as planned, an extra 1.4 billion tonnes of greenhouse gases would be released into the atmosphere annually by 2030.
To put that in perspective, Australia’s total domestic greenhouse gas emissions in 2021–22 were 490 million tonnes. So annual emissions from these new projects would be the almost three times larger than the nation’s 2021-22 emissions. That’s the equivalent of starting up 215 new coal power stations, based on the average emissions of Australia’s current existing coal power stations.
The reason we can get away with this is the current global framework for emissions accounting only considers emissions generated onshore. And almost all coal, oil and gas from these new projects would be exported. But as we share the atmosphere with the rest of the people on the planet, the consequences will come back to bite us.