The Oil Drum: Australia/New Zealand

A few more stories :

SMH - Carbon capture crucial to coal future

Professor Garnaut said it was "erroneous" to say that carbon capture and storage, or CCS, would not be available in a commercially-effective form by 2020. This week, a report by the environment group Greenpeace argued CCS was a "smokescreen" to justify building more coal-fired power stations. But coal was too valuable to contemplate using or selling much less, Professor Garnaut said, adding that price rises meant an extra $25 billion in Australian export earnings this year, equivalent to 2½ times the value of the nation's total merchandise exports to the US. The NSW Minister for Mineral Resources, Ian Macdonald, said: "Any energy strategy must address our continuing need for coal - there is no way around it."

Polling by the Climate Institute suggests most Australians remain suspicious of CCS, with 74 per cent saying new electricity should be generated from renewable sources and 60 per cent wanting to cut subsidies to the fossil fuel industry.

ABC - ACCC warns Coles: We're watching you raise prices

The Australian - BHP flaunts oil reserves in bid to woo Rio