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In principle I'd like us to stop exporting coal and especially gas since we could add so much more value to it here at home.We have to stop the export of coal. Set an example, then Indonesia, Africa and all the other coal producing companies will follow.
In principle I'd like us to stop exporting coal and especially gas since we could add so much more value to it here at home.
But I'm all too aware that if we don't export it then we'd better build up a massive military capability and do so real quick. Either we sell it or they'll take it by force I'd expect.
The resource is located in deep, remote waters, has a high carbon dioxide content and would be technically difficult to extract.
The close today at 2.80 rebounded from another record low earlier at 2.46. Over the past two days, the EUA lost 1.92
Europe’s New Anti-Green Majority Scores Huge Victory EU Parliament Refuses To Save Its Dying Carbon Market
The European Union’s climate change policy is on the brink of collapse today after MEPs torpedoed Europe’s flagship CO2 emissions trading scheme by voting against a measure to support the price of carbon permits. The price of carbon crashed up to 45 per cent to a record-low €2.63 a metric ton (and later to €2.46 – Anthony), after the European Parliament rejected a proposal to change the EU emissions-trading laws to delay the sale of 900m CO2 permits on the world’s biggest carbon markets.
It's been big news on the ABC sptrawler.
The whole thing always was about traders making money rather than doing anything to actually cut emissions.I said earlier in this thread that this carbon credit system was not the way to go.
Its just too difficult and relies too much on dodgy economic theory and heavy oversight.
Well, there was Professor Warwick McKibbin given plenty of air time on "7.30" last night where he made crystal clear his view that the government's scheme was woefully designed. Leigh Sales allowed him full rein to express his criticism.I was surprised that the ABC couldn't find at least one person to express a counter view.
Well, there was Professor Warwick McKibbin given plenty of air time on "7.30" last night where he made crystal clear his view that the government's scheme was woefully designed. Leigh Sales allowed him full rein to express his criticism.
Then I've heard similar views expressed on Radio National in the last 24 hours.
Well, there was Professor Warwick McKibbin given plenty of air time on "7.30" last night where he made crystal clear his view that the government's scheme was woefully designed. Leigh Sales allowed him full rein to express his criticism.
Then I've heard similar views expressed on Radio National in the last 24 hours.
Well, it's her job to get answers. With a highly respected academic like Prof McKibbin, fairly obviously she's going to be respectful of his answers.
Pretty different from when some scungy politician is pushing the usual dishonest spin. Then surely you'd expect her to be pretty aggressive.
Here we go.....
http://www.news.com.au/money/cost-o...-price-explosion/story-fnagkbpv-1226664697991
It's been coming for a long time and now it's just about here. Gas prices set to boom, to the detriment of industry and households alike. And the biggest impact is that we're about to see quite a few financial millstones in the form of gas-fired power stations, just like the oil-fired plants ended up being 35 years earlier.
In 2013 there's an increased use of gas to generate electricity due to the carbon tax and the hydro dams are being drained for the same reason. In the not too distant future we'll see gas and hydro generation fall in a heap, one because it gets too expensive and the other once the lakes are drained. Then it's back to near total reliance on coal.
The timing is hard to predict with precision, although I can say with certainty that at least one power generation company has been predicting gas to get expensive circa 2014 since the 1990's so it's nothing new. Gas is not a cheap option going forward, and that makes moving away from coal a lot more difficult (though it can still be done, but not as easily as just building a few gas-fired power plants).
No this can't be true , it must be the Coalitions fault .
" Holden says Carbon Tax adds to car manufacturing woes "
http://www.manmonthly.com.au/news/holden-says-carbon-tax-adds-to-car-manufacturing-w
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