Recent legislative updates in Queensland

As the pressures of climate change and the energy transition continue to escalate, the Queensland government has introduced a new suite of laws aimed at bolstering resource management and enhancing environmental protection. These legislative changes reflect a growing commitment to foster development and balance economic growth with ecological preservation.

Navigating the Future: Updates from the US, Japan, and New Zealand

As the global energy landscape undergoes rapid transformation, nations around the world continue to redefine their strategies to address climate change, energy security, and economic sustainability. In this article, we delve into the latest updates from three diverse countries: the United States, Japan, and New Zealand. 

Trends in hydrogen

The IP Australia Patent Analytics Hub recently published its report called The Power of Hydrogen. The report analyses global patent filings between 2010 and 2020 to identify trends and commercial players in the hydrogen technology globally. The report looks at innovation in hydrogen production, utilisation and storage.

Regulatory action on greenwashing

Greenwashing is an enforcement priority for regulators in Australia, including ASIC and ACCC. 

In the recent case of ASIC v LGSS Pty Ltd [2024] FCA 587 (Active Super case), ASIC was successful against the trustee of Active Super. In this case Active Super was found to have made false or misleading representations that it did not invest in certain sectors or activities. The purpose of these representations was to promote the superannuation fund’s ESG credentials. The court found that Active Super did actually invest in those sectors either directly or indirectly through its investment funds. 

Future Gas Strategy

The Future Gas Strategy was released on 9 May. Gas continues to be important to Australia through the energy transition with natural gas currently meeting 27% of our energy needs and nearly 20% of export income. The Minister for Resources, Madeleine King, highlights in the document that gas is a transition fuel that is required until renewable alternatives are viable. She also highlights the need for greenhouse gas emissions associated with gas to decline, abated or offset. In line with this the Strategy anticipates that demand for gas may increase until alternative energy sources are available but by 2050 demand is expected to be significantly reduced. 

The Federal Budget: A Future Made in Australia

On Tuesday May 14, Dr Chalmers delivered the Federal Budget for 2025. A central part of the budget was the Future Made in Australia initiative which committed $22.7 billion over the next decade to attract investment and propel Australia as a renewable energy superpower globally. This is aimed at accelerating investment in priority industries that include critical minerals processing, renewable hydrogen, low carbon liquid fuels, green metals (which include some commodities produced using low-carbon technologies) and the manufacturing of clean energy technologies.

Rehabilitation of the Latrobe Valley Coal Mines: Integrating Regulation of Mine Rehabilitaion and Planning for Land and Water Use

Professor Alex Gardner, University of Western Australia Law School
Elda Poletti, Mining Law Consultant
Lauren Downes, Research Associate, University of Western Australia Law School
Laura Hamblin, Research Associate, University of Western Australia Law School

The research presented in this article was supported by CRC TiME. The content of the article is a revised version of a case study undertaken for the project “Mapping the regulatory framework of mine closure”. The support of the Australian Government through the Cooperative Research Centre Program is acknowledged. The article is current to March 2024.

This case study considers the challenges of implementing effective regulatory processes for rehabilitation of open cut coal mines in one of the world’s largest brown coal reserves, the Latrobe Valley, Victoria. The Latrobe Valley coal fired energy industry is experiencing a transition hastened by a serious coal mine fire in 2014 and climate change. The Latrobe Valley mines and their associated power stations either have closed (Hazelwood 2017) or are scheduled to close (Yallourn 2028 and Loy Yang 2035) with final rehabilitation to follow. The case study demonstrates the leading role of the Mineral Resources (Sustainable Development) Act 1990 (Vic) in mine rehabilitation regulation. The MRSD Act was significantly reformed in 2019 to introduce important mine rehabilitation reforms and integrate mine rehabilitation regulation with land use and water use planning, all operating in the context of the Climate Change Act 2017 (Vic). The principal integrative instrument is the Latrobe Valley Regional Rehabilitation Strategy (2020, amended in October 2023). We suggest further research to improve the regulatory outcomes.

Recent updates from Malaysia and Southeast Asia

Acknowledging the need in its country, the Government of Malaysia has recently introduced several new programs that aim to improve low carbon and renewable energy generation in the country. 

Mining strategies and risks for 2024

KPMG has recently released its Australian Mining Risk Forecast 2024 that outlines the top-ranking risks for the mining and metals industry. The report is based on material risks of mining companies in the ASX 300. 

Legislative updates in Queensland and Western Australia

The Governments in Queensland and Western Australia have recently released several consultation papers, reports and proposed legislation that impact the resources sector.