The Bullroarer - Tuesday 16 September 2008

The Australian - LNG exporters call for special treatment

AUSTRALIA'S $20 billion liquefied natural gas (LNG) industry has called on the federal Government to create a category of "Clean Global Contributors" in its proposed emissions trading scheme.

The Australian Petroleum Production and Exploration Association argues in its response to the Government's green paper that LNG plays such a crucial role in the global move towards carbon constraint that exporters of the low-emission fuel should not be penalised for the emissions associated with preparing gas for export.

ABC - Farmers protest coal mine plans

Hundreds of farmers in the north-west of New South Wales are protesting about mining expansions outside a coal industry conference in the Liverpool Plains. About 200 farmers travelled from throughout the region to met outside the annual coal conference in Gunnedah to protest BHP Billiton's Caroona Basin exploration plans. They want an independent study into the effect this could have on local water supplies in one of the state's biggest food producing areas.


Hemscott - Australia coal price index drops to 4-mth low of $140

Coal prices for power generators in Australia, a benchmark for Asia, dropped to a four-month low of $140 a tonne on Tuesday, following a tumble in oil markets as investors fled to safer havens amid turmoil in the U.S. financial system. But analysts said supply tightness in key export countries such as Australia, China, Indonesia and South Africa, along with robust underlying demand, would help keep a floor on prices.

The Australian - Report counts on gas prices doubling

AN independent expert's report on Origin Energy counts on east-coast gas prices doubling in the next eight years to justify its valuation of double BG Group's takeover offer. It also says there is an 80-90 per cent chance of a big liquefied natural gas export plant at Gladstone being approved by Origin and ConocoPhillips.

STCWA - [Tasmanian] Premier's Fuel Summit

There is no doubt that high fuel prices are hurting Tasmanian families and businesses. I want the Tasmanian Government to explore options that can help ease one of the greatest cost pressures affecting our community. That means listening to the ideas and suggestions from individuals and industry and community groups.

That's why I will be hosting the Premier’s Fuel Summit in Launceston on 4 September aimed at fostering innovation with the potential to make a real difference at the local level. I would encourage all Tasmanians with an interest in the fuel price issue to consider lodging a comment for consideration.

The Australian - Uranium stocks up as Librals take power in WA

Analysts said interest in uranium stocks with projects in WA had been stirred last week as it emerged that the anti-uranium state Labor government would require the support of the pro-uranium Nationals to guarantee supply. Sunday's news that Liberal leader Colin Barnett had secured the Nationals' support, confirming that the road was clear for uranium mining in WA to go ahead, brought a boost of confidence to uranium stocks yesterday.

Hemscott - Australia's Hot Rock eyes A$60 mln geothermal grants

Australia's Hot Rock Ltd will seek up to A$60 million ($49 million) in government funds to help speed up development of geothermal energy generating projects, its managing director said on Monday. 'We will be looking for federal government support of A$30 million and the Victoria state government for A$30 million under early development schemes,' Mark Elliott told Reuters in an interview.

ABC - Oil companies 'ripping off motorists'

Motoring group NRMA says oil companies have no excuse not to pass on savings to consumers, in the wake of another sharp drop in the price of crude. Oil has fallen to $US92 a barrel. Two months ago it was trading at $US147.

CommSec's chief economist, Craig James, says investors are abandoning oil as fears grow about the economic implications of the turmoil in the US financial sector. But he says the lower oil price is unlikely to be reflected at Australian bowsers.

ABC - Consumers facing unknown in carbon offset jungle

Australians are spending more than $44 million a year to offset the carbon pollution from activities such as flights and road trips. While the Rudd Government has promised to introduce a national standard for carbon offsets by the end of this year, consumer and environment groups have developed their own ranking system.

frogblog - Saving the trolley buses, again

A strange anomaly of the Emissions Trading Scheme is that electricity is facing a carbon charge from 2010, while fuel faces a charge in 2011. This meant that the electric trolley buses in Wellington faced the strange side effect that they could become less viable compared to diesel buses. Luckily Sue Kedgley and other stepped in and negotiated $100,000 compensation to Greater Wellington for one year to keep the trolley buses running efficiently during that year.

frogblog - Peak oil saves lives?

Sadly, as we’ve been discussing in recent weeks, peak oil is threatening people’s lives in the context of international security, war and militarism in the Middle East and other fossil fuel extracting countries. But it seems here in New Zealand there are less people dying as the cost of burning a limited resource rises.

frogblog - Kiss your gas goodbye

frogblog - More palm oil for our cows, less rainforest for our future

Peak Energy - Next Generation Underwater Turbines

Peak Energy - Recycling Waste Heat Via Cogeneration

Peak Energy - Rip Power

Peak Energy - Let There Be White (Roofs)

Peak Energy - Puegeot's diesel-hybrid Le Mans racer

Peak Energy - Solar Roofs

Peak Energy - The Last Days Of Fish

Peak Energy - Children of MEND (Bolivia, Nigeria and Geopolitical feedback loops)

Peak Energy - Sarah Palin - Future Shock Personified ?

Peak Energy - Oktapodi

Re white roofs-It has always amazed me the direction that house design has taken in Australia the last 20 years or so. The principal problem in most of Australia is cooling in summer yet we are building brick veneer monstrosities usually of a dark colour to increase absorption and retention of heat.Same with tiled roofs.The currently popular Tuscan style with no eaves increases heat and light penetration through windows and prevents having windows open during rain.Meanwhile, proper insulation doesn't appear to be mandated in building codes. Go figure.

Re Palin - The nomination of this woman for VP was nothing more than a cynical attempt by the GOP to exploit the female and fundamentalist vote.
The geopolitical scene at present is quite fragile and I would not be surprised to see some provocation by Bush and Cheney before November to increase hysteria in the electorate.
It is possible that the Bolivian conflict is,in part, a CIA provocation of pre-existing divisions.

I have just heard that AIG has been bailed out of their self inflicted woes to the tune of $100+ billion by the Feds.Another case of too big to fail.I am no financial expert but I am wondering who is going to bail out Uncle Sam when the time comes.

And on the news of $100 billion in, the Aussie share market had its biggest fall in three years.

When someone chucking a hundred billion in leads to the market falling, you know it's in trouble. Imagine you're being on your mortgage payment, you go to the bank manager and say, "my brother just gave me $100,000, here you go" and he says, "we're foreclosing". Oy vey.

LNG exporters call for special treatment

Woodside: Green paper will double Australia LNG costs
http://www.energycurrent.com/index.php?id=3&storyid=13126
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APPEA: WA dominates Australia's E&P
http://www.energycurrent.com/index.php?id=2&storyid=13119
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Children of MEND: Have MEND got an Irish Wing?

Army bomb experts made safe a small explosive device outside the Dublin offices of the Irish unit of supermajor Shell, Ireland's Defence Forces said.
Shell operates the Corrib gas field off the County Mayo coast. The development has been the target of a series of protests, including a hunger strike begun last week by a local teacher against the laying of a pipeline between the gas field and the mainland.