LNG exports soak up more of Australia’s gas as domestic demand falls

Josh Runciman 

The latest update of IEEFA’s Australian Gas and LNG Tracker reveals domestic gas consumption is falling as LNG exports rose. Global LNG exports also increased on the back of surging US supply, despite the impact of the Iran war. China’s LNG imports fell materially, driving a fall in Asian LNG imports year on year to the first half of 2026. Queensland net gas supply to other states was virtually zero in FY2025-26. Explore the Tracker

The coal-fired carbon credit market

Andrew Gorringe 

Scale of investment needed for Australia’s green iron ambition

Lachlan Wright 

Green iron is capital-intensive. Replacing Australia’s metallurgical coal exports with green iron by 2040 would require annual investment of AUD170 billion, on par with the mining boom peak. Such a high level of investment requires coordination on infrastructure and a strong, sustained price signal beyond what is available today. Australia can leverage policy tools that were successful in renewables to fill the gap. Read more

Why July’s inflation relief may be short-lived 

Amandine Denis-Ryan 

Annual inflation dropped by 0.3 percentage points in July, but higher transport fuel costs are likely to push it up again in August as the end of the fuel excise cuts flows through. While Australia’s oil use as a share of GDP has declined steadily, oil price increases mean wholesale oil costs as a share of GDP have stayed at 1970s levels. A low demand elasticity to oil prices, and a rapidly growing dependence on diesel, are other factors that increase Australia’s exposure to oil shocks. Read more 

Role of distributed resources in energy transition: A multi-country perspective

Shafiqul Alam, Jay Gordon, Gaurav Upadhyay 

Despite the continued dominance of centralised electricity systems built around large power plants and transmission networks, distributed energy resources (DER) are demonstrating their ability to deliver clean, affordable energy. Case studies of Australia, India and Bangladesh highlight the growing role of DER, with rooftop solar emerging as the dominant source. All three countries also have room for improvement on key enablers. Read more

Electrifying ironmaking: The potential of direct electrolysis of iron ore

Soroush Basirat 

HVO coalmine application reveals state of inconsistencies 

Jonathan Teubner 

Hunter Valley Operations (HVO)’s proposal to extend two of its open-cut thermal coalmines in NSW would increase its emissions with no commitment for any onsite abatement. HVO’s application is inconsistent with five of the NSW’s Net Zero Commission findings, which were either accepted or noted by the state government. HVO also has no exit strategy for the mines, and an application that needs significant updates, giving the IPC many reasons to reject HVO’s application as it stands. Read more 

Global MDB Investments in Petrochemicals Tracker

Swathi Seshadri 

IEEFA's new Global MDB Investments in Petrochemicals Tracker is an interactive database developed by IEEFA in collaboration with the International Accountability Project (IAP). It visualises petrochemical investments from 16 multilateral development banks (MDBs) across different sectors within the industry. The key elements of the database are MDB details, client names, investment amount and type, bank risk rating, project sub-sector and investment purpose. Read more

India’s looming iron ore challenge

Saumya Nautiyal, Simon Nicholas 

India’s iron ore challenge is shifting from securing sufficient supply to securing the right quality of ore needed for an expanding, lower-emissions steel industry. The type of ore India sources could influence steelmaking technology choices and long-term dependence on imported coking coal. With global suppliers increasingly producing premium direct reduction-grade feedstocks and green iron, India should evaluate future iron ore sourcing through the lens of technology, energy security and industrial competitiveness – not simply cost. Read more