The Bullroarer - Monday 20th April 2009

SMH - Sidetracked and stuck in the past

A FAMILY living in the outer suburbs of Sydney with one parent working in the city will spend as much money running their car as they do on mortgage repayments over the course of a 30-year home loan. This fact - revealed in a 2005 federal parliamentary inquiry into the sustainability of Australian cities - is the legacy of a rail network that is frozen in time.

The Age - The good oil is that stocks are already running thin

AUSTRALIA'S abundant endowment of natural resources has provided a cushion against the need for energy security policies. No longer.

Declining domestic oil production, refinery disruptions, extended supply lines, geopolitical turmoil and the carbon constrained future are all sending warning signals: Australia's easy energy ride is over, and moves to encourage renewable transport energy sources are long overdue.

It is a message the Howard government ignored. Rudd so far has shown little interest. Given Australia's increasing reliance on oil imports, and our relative isolation, such political apathy is a mystery.


The Australian - Wesfarmers says coal prices to fall sharply this year

WESFARMERS said contract prices for metallurgical coal exports from its Curragh mine were expected to fall 59 per cent this year.

Larvatus Prodeo - Otway CO2 sequestration trial “working”

The Age has a story about Australia’s first carbon sequestration trial, about half way between Warrnambool and Port Campbell on Victoria’s south-west coast. The trial is apparently working well, with 50,000 tonnes of CO2 stored without significant incident. This earlier newsletter expands on that definition a little - essentially, the CO2 is moving through the depleted natural gas well as predicted in their computer modeling.

That’s great. Well done. When will they be able to scale this up to that required to cope with the 1.6 million tonnes of CO2 emitted from Hazelwood power station every month?

The Age - Urban sprawl is killing us, but there's another way.

S THE days grow cooler, many of us are breathing a sigh of relief that the past summer has finally come to an end. As well as the unprecedented and tragic bushfire season, severe summer conditions induced a string of urban disasters that, due to poor planning, were waiting to happen: public transport failures, traffic nightmares and water shortages.

In response, the State Government is proposing quick fixes that involve new roads, longer freeways, rail tunnels and a desalination plant, solutions that will cost taxpayers billions of dollars. Yet in the face of unbounded urban sprawl, such answers are short-term and ultimately unsustainable. If the urban juggernaut of Melbourne continues to roll, expanding at its current rate of 1.65 per cent (or 63,000 people) per year, further road and public transport overhauls, as well as additional desalination plants, are likely to be on the agenda within another 15 years.

The Age - 'Hot rocks' projects get $14m boost

Two projects aimed at tapping the vast energy of "hot rocks" have received $7 million apiece in federal government funding. The projects will drill wells deep below the earth's surface in search of geothermal energy, which can be used to heat water and produce low-emission electricity.

Federal Energy Minister Martin Ferguson said geothermal energy had extraordinary potential and could provide baseload power. The company MNGI will drill at Paralana in South Australia's northern Flinders ranges. And Panax Geothermal will drill on the Limestone Coast on South Australia's east coast.

SMH - A sustainable Sydney needs bikes and trams

Around the world, smart cities are remaking themselves. They are investing in sustainable public transport and creating pedestrian-friendly environments, reducing their greenhouse emissions, cleaning the air, and providing places for people to meet and congregate. Professor Peter Newman, one of Australia's most eminent urban thinkers, said at a recent CityTalk that traffic congestion and rising petrol costs make creating more space in cities for pedestrians an economic necessity.

If the City of Sydney Council had its way, an integrated transport plan would properly mesh light and heavy rail with ferries and buses, and do much more for pedestrians and cyclists. Improving transport, streets and the public realm is not simply about aesthetics or congeniality, nor is it driven solely by the economic costs of congestion or the health costs of respiratory diseases. Those matter, but above all, it is about creating a more sustainable future for our city, which helps our state, our nation, and, ultimately, our planet. The financial crisis has grabbed headlines from climate change, but the two are interlinked.

The Australian - Kimberley LNG deal a goer

A MULTI-BILLION-DOLLAR liquefied natural gas plant is set to be developed in Western Australia's northwest after a landmark deal between Aborigines, government and business.

Kimberley Aborigines gave in-principle approval yesterday for the gas precinct to be developed on land at James Price Point, 60km north of Broome, in return for compensation worth more than $1 billion over 30 years.

TreeHugger - Smart Grid Tech Taking Hold in Australia

mart grid technology is expanding in Australia and quite a few companies are finding a place for themselves within a government-mandated Advanced Metering Infrastructure program. Most recently, IBM and Silver Spring Networks have found themselves at home helping Australia update its electrical grid.

Peak Energy - West's access to Iraqi oil in doubt

Peak Energy - Algae Could 'Supply Entire World with Aviation Fuel'

Peak Energy - Passive Solar Thermal Energy In Europe

Peak Energy - China Experiments With Solar Thermal Power

Peak Energy - Fisker to sell First Plug-in Hybrid in the United States

Peak Energy - Rapid-fire Media May Confuse Your Moral Compass

Peak Energy - Is Rush Limbaugh Fomenting A Socialist Revolution ?

SMH - Oil Search confident as output dips

Papua New Guinea-focused Oil Search has reported a drop in March quarter oil and gas production but expects a better second-quarter performance. The company was hampered by low oil prices for most of the reporting period. Oil prices began to recover in late March and early April, however.

Oil Search's oil and gas production for the three months to March 31 totalled 1.9 million barrels of oil equivalent (mmboe) compared to 2.15 mmboe in the December quarter. Oil comprised the vast majority of the company's output at 1.63 million barrels.

"While underlying production from the PNG oil fields, particularly Kutubu, was strong, output was impacted during the quarter by an unscheduled shut-down of the Kumul loading terminal,'' managing director Peter Botten said.

SMH - CBD Metro cost jumps $1.3b in six months

THE estimated cost of the controversial CBD Metro has increased to $5.3 billion, the Herald has confirmed, a rise of more than 30 per cent since it was announced last October. Senior government and metro sources confirmed the figure to the Herald. Government sources said $500 million had recently been added to cover the risk of cost blowouts as well as construction and contract risks.

The Premier, Nathan Rees, was accused of policy on the run and drawing up the project "on the back on an envelope" when he announced the metro on October 25. He was not able to put a cost on the proposed line from Central Station to Rozelle at the press conference at which it was announced. After the press conference, the Government told journalists it would cost $4 billion. That figure was subsequently inflated to $4.8 billion until last week. The much longer north-west metro that Mr Rees dumped, and the Opposition says it would reinstate, was costed at $12 billion.

Bloomberg - Investec May Invest in Australian Solar, Geothermal Projects

Investec, the South African investment and private bank, said it may invest in Australian solar thermal and geothermal energy projects as it seeks to participate in emerging renewable energy ventures.

The bank signed an initial agreement last week to provide as much as A$250 million ($176 million) of funds for a wave energy project in southern Australia. It is interested in similar accords in solar and geothermal once project plans are more advanced, Peter Mansfield, head of project and infrastructure finance in Australia, said today.

Australia’s government has a target to increase use of renewable energy to 20 percent of electricity supplies by 2020 to tackle global warming. Investec is advancing the A$600 million Collgar wind energy project in Western Australia, after selling development rights for other wind farms to Contact Energy Ltd. and AGL Energy Ltd.

$14 million for 2 geothermal projects in SA - chickenfeed.Compare this to the billions thrown away on stimulus handouts to try and keep the circus going.

I have no problem with government spending provided it is used for infrastructure which will be useful in the long term.The notion that the growth paradigm is dead and that there is epochal change in the wings still has not seeped into the consciousness of our decision makers.

I have to wonder if,in fact,they are fully conscious.It would be interesting to see what mind altering prescription drugs they are on.