The Bullroarer - Monday 8th September 2008

The Australian: ALP uranium ban is dead with Nats role in WA government

Unless there are any last-minute surprises, it seems that Labor will not have a clear majority and so the pledged legislative ban on uranium mining is a dead duck.

Both the major parties are predicting a hung parliament, with the Nationals holding the balance of power. Even if the Nats were to support a minority Labor government, their policy on uranium is firmly pro-mining. Which will no doubt be a relief to Cameco and Mitsubishi, companies that jointly just paid $495 million for the large Kintyre uranium deposit in Western Australia. The next best project, and closest to development, is Toro's Lake Way, which contains 10,835 tonnes of U3O8. The company also has the Napperby deposit in the Northern Territory.

Stuff.co.nz: Meet Australia's most frugal car

This car is poised to become Australia's most fuel-efficient vehicle. The new i20 is the car that could replace the Hyundai Getz in Australia from next year and Hyundai claims the diesel version will use just 4 litres per 100km, less than the Fiat 500 diesel (4.2L/100km) and the Toyota Prius (4.4L/100km).

The Euro-styled i20 will replace the Getz in Europe towards the end of this year but Hyundai Australia is yet to confirm whether the car will be sold down under.


SMH: Uranium change blows in the west

THE mining industry was yesterday cautiously optimistic that the likely change in government in Western Australia would lead to the development of the state's first uranium mines, proving a boon for long-suffering investors.

The Age: Emission trading won't hit jobs: union

It is unlikely the coal industry will suffer major job losses under an emissions trading scheme, trade unions say. The federal government's top climate adviser, Professor Ross Garnaut, has proposed a $20 price tag on carbon permits in 2010. This would add about five cents a litre to petrol and 40 per cent on electricity prices.

National secretary of the Construction Forestry Mining Energy Union (CFMEU), John Sutton, said the scheme would not necessarily impact on jobs.

Business Spectator: Conoco to pay up to $9.6bn for half of Origin gas venture

Takeover target Origin Energy Ltd says US-based liquefied natural gas (LNG) developer ConocoPhillips will invest up to $9.6 billion for a 50 per cent stake in its Queensland coal seam gas (CSG) project. Shares in Origin were up 13.41 per cent to $17.75 at 1109 AEST, after surging up to 27.7 per cent in early trade.

Origin, which has been looking at how best to exploit its CSG reserves while fending off a hostile takeover bid from the UK's BG Group plc, said on Monday it would act as the upstream coal seam gas provider to the project, while ConocoPhillips would be the downstream LNG operator, with the joint-venture company to market the LNG.

News.com.au: Easing hip-pocket pain for motorists

OH NO, the fuel light is blinking again, and it only feels like yesterday that you filled the tank for about $75, the price for an average 50-litres. People who drive a lot have been smacked hard by soaring petrol prices and are holding out hopes of lower prices as the world crude oil price drops down to $US107/barrel.

CommSec chief equities economist Craig James said recently that he expected petrol to drop to $1.40-$1.45 a litre, from close to $1.70, saving the average family about $30 a month. But outside forces aside, there are simple steps motorists can take to lower their fuel bill.

The Australian: Premier talks up mining interest

APPLICATIONS to explore Queensland for potential mine sites have doubled. potential investors. This is according to figures released by Premier Anna Bligh in response to claims her Government's policy decisions have turned away

Ms Bligh and Mines and Energy Minister Geoff Wilson yesterday released a statement showing the number of applications for mining exploration permits had jumped from 650 in 2005-06 to more than 1300 in the year to last April.

Maitland: Grants program to include petrol bills

Maitland community groups can apply for some relief from skyrocketing petrol prices. The Federal Government has recognised the biting cost of oil by expanding the $21 million Volunteer Grants Program to include petrol.

Under the program, not-for-profit organisations can receive up to $2500 to help pay for their volunteers’ fuel bills. Organisations including Maitland Meals on Wheels and Maitland Community Care Service, which runs a community bus, are eligible to apply.

Herald Sun: Peter Batchelor won't deny power stations may close

ENERGY minister Peter Batchelor won't deny speculation that Yallourn and Hazelwood power stations may close in the next 18 months. Asked by BusinessDaily if the rumours circulating among employees at the Latrobe Valley's Yallourn and Hazelwood were true, Mr Batchelor responded: "That is a question you have to direct to the power stations". "We want them to keep operating but we don't know," he said in an exclusive interview.

Herald Sun: Credibility on the line, arrival late

COMMUTERS battling Melbourne's public transport crush would be well advised to adopt a philosophical stance. For the latest Department of Transport statistics point to life getting a whole lot tougher before the light starts shining at the end of the Flinders St tunnels.

With more than half a billion trips forecast next financial year in Melbourne, the growth that has undermined a city's lifestyle is showing no signs of abating.

Scoop NZ: Train Drivers Save 2.7 Million Litres Of Fuel

Energy Minister Hon David Parker this morning congratulated KiwRail train drivers for the savings they have achieved relating to the company’s KiwiRail’s Fuel Saver scheme.

Since the scheme was introduced 2 years ago the company has saved 2.7 million litres of fuel per annum, which he described as an outstanding achievement for all involved. The initiative has included a fuel saving competition supported by Shell NZ amongst train drivers to encourage them to change their driving styles such as avoiding rapid acceleration, going easy on the brakes and avoiding unnecessary idling.

Scoop NZ: City transport Plan lacks courage

“The just released final draft transport Plan for Wellington City lacks courage and is riddled with inconsistencies,” says Wellington City Councillor and Greens’spokesperson Iona Pannett.

The final draft Ngauranga to Airport Corridor Plan has been released ahead of deliberations this week by Wellington City Council and Greater Wellington Regional Council. The Plan can be found on the City Council’s website (link below). Feedback will then be forwarded on to the Regional Land Transport Committee for a final decision on 28 October.

Wanganui Chronicle: Crown backs wind farm plan

The proposed Central Wind project has attracted a powerful supporter . the Crown. Environment Minister Trevor Mallard has submitted a 10-page submission in support of the controversial northern Rangitikei project.

Meridian Energy wants to erect 52 turbines on the border of the Rangitikei and Ruapehu districts. A committee made up of Horizons, Rangitikei, and Ruapehu representatives and independent members is considering the resource consent application.

One from the weekend SMH - Shame on you, Generation Excess

But is it all coming to an end? Are petrol prices and global warming just the tip of a melting iceberg primed to set humanity back on its heels, such that our kids won't enjoy anything like the fruits of life that we have? More worryingly, am I, and my generation partly to blame as the generation that tried to warn against all this in the '60s and '70s, but then said "wait for me" as the world took off again in the 1980s?

The much castigated Club of Rome, a group of wealthy industrialists concerned about resource depletion in the 1970s, rang the early alarm bells. They predicted that petrol (and other resources) would begin to be seriously depleted by around 2010. Biologist Paul Ehrlich, another casualty of that era, tried to reinvigorate the Malthusian debate about the world being finite and unable to cope with infinite population growth. There were even (bite my tongue) economists reflecting on the impossibility of exponential economic growth and the irony of the economic notion of "diminishing rates of returns" being totally ignored by their fellow dismal scientists in cahoots with politicians who strove to drive the growth train ever faster.

But these all went the way of the dinosaurs with the discovery of new oil in the 1980s, an invigorated debate against birth control by the major religions, and a dumbing down of questioning and discussion by politicians and large corporations stung by, among other things, the successful public reaction against the Vietnam War.

Now all our chickens are coming home to roost. Peak oil appears to have occurred around 2006 (although we won't know until we're well into decline). Climate change is a reality, food shortages are beginning to hit worldwide. In this light, current arguments about which political party can pull off a five-cents a litre reduction in petrol are akin to Nero arguing with his butler about whether his toga is clean enough to play the fiddle.

Ironically, "going the way of the dinosaurs" not only includes being made extinct, but also having a later civilisation burn up your mortal remains to run the sodding air-conditioners on their SUVs.

Adding to insult to injury indeed...
;-)

While this op-ed piece by Dr Egger raises many valid points,particularly about the population issue I can't help but think that the good doctor is,and has been,living in some fenced enclosure away from reality.A bit like the Bilbies out at Currawinya NP in SW QLD.

It is quite bizarre when somebody who has obviously lived a priviledged existence apologizes for some perceived faults of his generation - those dreadful "Baby Boomers".I happen to be a member of that generation and I,along with the vast majority of that generation,have worked very hard for scant reward and made many sacrifices.When I was born in 1947 I had to make the best(or worst)of the situation as it then existed and make mistakes among successes - Just like everybody else at any time in human history.The period 1950 to 2000 was,for Western civilization,an era of relative stability and increasing well being for most(not all)of the population.This was an accident of history but it was not a "Golden Age" as some would nostalgically have.There were also a great many downsides - the cold war,the threat of nuclear annihilation,numerous wars of insurgency,economic problems and,for the more aware, a growing sense that our civilization was wrecking the Earth.I,for one,will not be making any grotesque apologies for the fact that I was born when I was.

I am rather weary of this generational blame/envy/guilt trip that some individuals,young and old,are seeking to impose on my generation.Sooner,rather than later,we will be out of the way.Who are going to be the scapegoats then?

As always,scapegoating,while a common human proclivity,is totally counterproductive.It is the task of everyone,young and old,to grasp the nature of our problems and address them with courage and wisdom.

I might add I didn't agree with that piece - it not only got "The Limits To Growth" all wrong (like almost everyone else) and does the population doomer thing (which I can't stand) but its an exercise in futility - no attempt to try and see and promote any sort of solution, just a long whinge...