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The Bullroarer - Friday 2nd October 2009
Posted by aeldric on October 2, 2009 - 7:10am in The Oil Drum: Australia/New Zealand
National Business Review NZ - NZ's addiction to oil here to stay
New Zealand is likely to remain "addicted to oil," presenting a key challenge for reducing energy sector emissions, according to a Ministry of Economic Development report.
The latest New Zealand Energy Outlook (2009) is designed as a reference for the country’s energy policy debate. Published every few years, it makes 25-year projections of the country’s energy supply, demand, prices and emissions.
The Australian - Climate rebels reject Turnbull warning
ANGRY Coalition MPs have accused Malcolm Turnbull of threatening the partyroom after he staked his leadership today on climate change negotiations with Labor.
Nationals Senate leader Barnaby Joyce told The Australian Online today the bottom line was that Mr Turnbull “is not the leader of my party”.
And rebel Liberal MP Mr Tuckey has fired back on calls he fall into line, warning Mr Turnbull that the last leader who staked his leadership on climate change, Brendan Nelson, ended up losing it.
The Australian - WA, NT offshore oil exploration permits awarded
PERMITS to explore in 10 new offshore oil exploration blocks in waters off Western Australia and the Northern Territory, with total planned investment of $158 million, were awarded on Friday by Resources and Energy Minister Martin Ferguson.
The Australian - Waste-to-fuel venture struggles for finance
AN Australian entrepreneur behind a $1 billion venture turning waste plastics into diesel says the export deal may collapse because the Rudd government won't provide financial assistance.
Ray Peck's company, Ozmotech, has agreements signed to build more than 90 plants in Europe and the US to produce synthetic diesel.
But he said the venture needed $10million within three weeks to clinch the deal after it lost an equivalent capital injection from an investor hit by the Lehman Brothers collapse.
NZ Herald - Brian Rudman: We're all grown-up, so let's get rail right
Each time Transport Minister Stephen Joyce produces another excuse for stalling the electrification of Auckland commuter rail, it makes me want to scream at the previous Labour administration for dragging its feet for so long.
NZ Herald - Gary Taylor: NZ is now climate change laggard
When the Greenhouse Policy Coalition sends out a press statement headed "Emissions Trading Scheme Changes Welcome" you know the Government has gone too far. GPC consists of the big polluters in New Zealand and is backed by state-owned Solid Energy. An emissions-trading scheme welcomed by polluters and coal producers is not going to work. An effective ETS should cause them to change their business model but instead it's full steam ahead with pollution as usual.
Scoop.co.nz - State Coal to Mine New State Subsidies
The state owned coal miner, Solid Energy, would be entitled to a subsidy on the cost of emissions from its proposed lignite to urea plant worth tens of millions of dollars a year.
Planned changes to the Emissions Trading Scheme (ETS) expand the subsidy regime to now include emissions from new carbon intensive operations. The ETS would no longer protect just existing smokestack industries - it would also underwrite major new polluters.
Otago Daily Times - Why parties are at odds over ETS
A lot of hot air has been expended over the relative merits of the Government's amended Emissions Trading Scheme and the Labour model it has supplanted. Brian Fallow of The New Zealand Herald attempts to clarify the issues.
The Age - How to make money out of thin air: sell a wind farm
AGL ENERGY will make $88 million in development fees from the sale of one of its wind farms, in a sign the market for renewable energy assets remains robust.
Brisbane Times - Flying kangaroo to limping wallaby?
There's one unexpected piece of good news he might be rather cheered by.
US scientific body ASTM has certified a new form of jet fuel that is 50 per cent synthetic, a fuel that might use anything from biomass to coal.
A fuel that might help offset the massive costs of hedging jet fuel.
ABC - Climate change threatens food supplies
The head of Australia's national science organisation says climate change poses extraordinary challenges to global food production in the future.
The Australian - Food needs over next 50 years greater than all of human history, says CSIRO
ONE of mankind's greatest challenges over the next 50 years is how to feed everyone, as a study warns we'll eat more food in the next five decades than in all of human history.
In an explosive summary, CSIRO boss Megan Clark said that challenge, which went hand-in-hand with climate change, demanded a critical application of science, and Australian research in particular.
ABC - Coal giant wants time to adjust to emissions trading
The chief executive of Anglo coal says the Federal Government's proposed Carbon Pollution Reduction Scheme should be phased in, to allow the industry to adjust.
SMH - NZ company invests in Guatemala, Canada
A New Zealand-based energy research and investment company, World Energy Research, says it is moving into energy exploration in Guatemala and has invested in a tidal turbine in Canada.
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Re the new form of jet fuel...
...50 per cent synthetic, a fuel that might use... COAL.
Good grief!
;-)
This just in: The world is saved. We can turn coal into liquid fuels and coal into fertilizer. The perfect plan - what could possibly go wrong?
Difficulties feeding the world.. Sugest re-reading the Report to the Club of Rome.
Please spare me the amazing discovery.
curious, how have we stacked up in the last 50 years in comparison?
and just to ask the obvious
- with what water will the world grow it
- with what energy will it be handled
- which climates will it grow in
everyone has a water crisis or doesnt have the land to grow it.
energy prices will lure growers to biofuel markets
energy prices will make it the most costly food
inflation will dry off investments and aid with leads to repeated gfc
the climate is shifting in many countries which makes planning a pain and its only going to get worse
droughts and floods will be more common over this period
most of the population growth will be coming from developing countries
just possibly we might see human population stall in this time?
There's a new University of Western Sydney report (442k PDF) which states that less than a tenth of Sydney's food requirements are grown within the Sydney Basin (say within a 100km radius, give or take...).
Hmm, that's quite a long walk to pick up the bread and milk if the delivery truck doesn't turn up one day...
Oh well, not to worry, I know where I can get heaps of Soylent Green.
;-)
re: "Coal giant wants time to adjust to emissions trading"
Personally, I'll just say 'stiff. You've known this was coming for more than a decade now. You've had time to ajust. You've had time to plan and prepare. But instead, you've spent all that time engaging lobbyists to tell politicians 'the facts' (as you'd like them to be), and creating a public-relations fear-factor over jobs.
But our opinions matter little, because we all know that the Federal Government will give you all the time you want, and then some. Your lobbying has been quite successful.
Population debateTo my great (and pleasant) surprise, the comments are almost overwhelmingly against population increase! :o
When safety and employment regulations were brought in in the the 19th century, the various industries claimed it would bankrupt them overnight if they could not have children in coal mines, had to provide workers with helmets, etc.
Amazingly, 150 years later we are mining more coal than ever.
They adjust. They bitch and moan and wail that they'll be bankrupted, but they always adjust.
Some go under, but even without regulatory or technological or market change, some businesses go under. That's part of living in a free market capitalist economy: most businesses go bust. Tough.
When your business has something imposed upon it that makes it difficult or impossable to make a 'reasonable' profit, that's Government interference. When your competitor has something imposed upon it that makes it difficult or impossable to make a 'reasonable' profit, that's the Free Market. ;)