The Bullroarer - Friday 17th April 2009
Posted by aeldric on April 17, 2009 - 6:58am in The Oil Drum: Australia/New Zealand
The Australian - Thermal coal demand soft: Coal & Allied
“The overall demand for thermal coal is softer in the immediate term, but is expected to pick up in the second half of the year,” chairman Chris Renwick said at Coal & Allied’s annual general meeting today.
Sales of semi-soft coking coal will be down because of cutbacks in steel output of 30 per cent in some regions, he said.
Business to Business NZ - Solid Energy, Zespri sign up for Shanghai Expo
Dr. Elder said that despite the present global downturn, demand for New Zealand’s high quality coal by Chinese and other steel makers in the region remains strong.
“Solid Energy will utilise the New Zealand pavilion at Shanghai to strengthen long-term relationships which are the basis of successful business in China and to develop new export opportunities.”
Stuff.co.nz - Recession food
There is something about having to work hard for your dinner.
Mother Nature dictates that she protects her children from the hungry mouths of many and the chestnut is in a defence league of its own.
Stuff.co.nz - Contact reviewing hydro options
Contact Energy is reviewing four options for hydro developments on Otago's Clutha River.
The Australian - Future-proof coal
AS an investment in future-proofing, the Global Carbon Capture and Storage Institute, launched by Kevin Rudd yesterday, is visionary. Costing $100million a year, it has the potential to help protect about 100,000 Australian jobs and shore up the future of the nation's biggest export earner, coal. The institute is a far smaller government investment than the $43 billion broadband network, that without coal-generated electricity would be going nowhere.
ABC - New carbon capture body rejects criticism from green groups
The Global Carbon Capture and Storage Institute has defended its focus on burying greenhouse gas emissions from burning fossil fuels.
West Australia Business News - Oil & gas majors back carbon institute
The Institute is designed to to accelerate the deployment of carbon capture and storage (CCS) technology globally and the sharing of information.
Most of the major players in the oil and gas sectors in Western Australia have become foundation members including Chevron, Shell, BHP Billiton, BP, Exxon Mobil Australia, INPEX Corporation, Santos and Woodside.
Radio NZ - NZ supports carbon-capture initiative
The Energy and Resources Minister Gerry Brownlee says New Zealand has become a founding member of the Global Carbon Capture and Storage Institute, which was set up in Australia on Thursday.
ABC - Minister pledges to push ahead with ETS
PETER CAVE: Well as we have just heard from Shane, Penny Wong is the Minister for Climate Change.
The Opposition, the Greens and the key Independents say they will not allow her legislation through the Senate in June.
The Government's climate change advisor says perhaps it's time to get things right and looming over the whole debate is a crucial UN climate change summit in December, which could well rewrite the rules on carbon emissions anyway.
Adelaide Now - Adelaide on track to become a 'solar city'
MORE solar panels will appear on prominent city buildings and UniSA will test new solar technology for industry with new federal funding for renewable energy.
Environment Minister Peter Garrett was in town yesterday to announce $1.24 million in funding for the Adelaide Solar City projects and $410,000 for the UniSA Sustainable Energy Industry Support Centre.
Business Spectator - Refuelling the energy sector
Energy companies continue to raise capital, with oil refiner and distributor Caltex Australia leading the charge after pricing $US175 million in long term bonds.
Following in the footsteps of other bond-issuing resource blue-chips like Rio Tinto and BHP Billiton, the bonds have been issued in the US private placement market, extending the company's debt maturity profile by replacing a previous $140 million debt issue that was due to mature in July.
Good to see that the hydro potential of the Lower Clutha river may finally get realised. Better than imported LNG in my opinion.
Re 'Future-proof coal'
Eh? Does the proposed NBN only run on coal-generated electrons? Are they somehow magically different from turbine-generated electrons?
Is the so-called journalist as dumb as I think he is?
That article from "The Australian" is actually an Editorial.
So your question should be, "Is the Editor of the Australian as dumb as I think he is?"
See, all you need to do is "back it", and it will happen! (Thinks: Maybe I should start "backing" anti-gravity machines and magic puddings...)
Its not dumb, its ideology.
The Australian has a very reactionary political outlook, and most of its content (especially editorial) is designed to support a political stance.
Reality has nothing to do with it, so "dumb" isn't really the right word for it.