The Government and the ACCC
the confident assertions on the Liddell Power Station by the ACCC Chairman Rod Sims remind me of the surgeon having completed a brilliant operation to save the sight of an elderly patient — he removes his mask, smiles and acknowledges the admiration of his team when a junior nurse puts up her hand and says rather apologetically, “But Sir, the patient has died”.
There are economists on the ACCC Board who would have been expected to review the full life-cycle costs of coal before Mr Sims made his statement. Did they ignore or were they unaware of the work of eminent Yale economist William Nordhaus? Nordhaus demonstrated, using full cost accounting of all externalities, that coal now has no value to the community — work confirmed by other groups of economists.
Indeed coal is the most expensive energy modality apart from nuclear energy. It requires exceedingly good discipline by the government to do a “John Cleese” and not “mention the war” – the war being the word “health” – for to do so would undermine the ideology that coal is “good for humanity“.
The Dirty Pro- Coal Speeches Abbott gave in Britian had no effect on the enviroment.
As Tony Abbott and other prominent Coalition MPs make the case that Australia should be building new coal-fired power stations, Conservatives in Britain are pushing a very different agenda.
The Tory Government wants to end the use of unabated coal in the UK within seven years, and the policy is being driven by Claire Perry — the cabinet minister responsible for energy policy, who believes environmentalism is not a philosophy exclusively owned by the green-left.
“Conservatism to me is about protecting what you inherit and improving it,” Ms Perry told the ABC.
“So whether it’s making sure the economy is robust for the next generation or whether it’s about stewarding this beautiful environment that we live in, that for me is the essence of my conservatism.”
Conservatives have been at the forefront of action on climate change in Britain for decades.
The new Monash Forum wants to get the Government to build new coal-fired power stations. Manchester University’s Marc Hudson says its all smoke and mirrors.
The coal industry has a new voice in parliament, in the form of the so-called Monash Forum – an informal government faction featuring former prime minister Tony Abbott and backbench energy committee chair Craig Kelly.
A bomb a lemon no longer wanted being scrapped over as cheap pickings
A new contender has emerged in the fight to extend the life of an ageing coal-fired power station, with Delta Electricity willing to enter a contest against Alinta Energy to buy the Liddell plant.
Disclosure regarding the $7.5bn Kemper plant in Mississippi throws further cloud over promise of clean coal energy
How America’s clean coal dream unravelled
Prime Minister Malcolm Turnbull has invited the head of coal at multinational mining giant Glencore, a company which routinely avoids paying a cent of company tax, to join him on a gala diplomatic mission to the United States to visit President Donald Trump next week.
Global warming skeptics advertising in The Australian deny funding from the fossil fuel industry, but the evidence suggests otherwise, writes Dr Norm Sanders.
But on Friday, Palaszczuk confirmed she would not object to Aurizon’s alternative railway line proposal, even though it is designed to serve Adani’s Carmichael mine as well.
Once developed, the three GVK Hancock holdings alone are expected to produce 90 million tonnes of coal a year for export.
Another major holder is Waratah Coal, which is owned by Queensland magnate and former federal MP Clive Palmer.
But none of the coal deposits can be developed without a means of transporting their product to the coast for export. So a railway line is crucial.
\Exit polls in the state’s south-east found up to 70% of respondents were against the billion-dollar rail line loan for Adani
Not only is the sheer amount of solar power generation increasing at blinding speed but the cost is plummeting in unrigged markets, as well. Mexico just accepted bids of 1.77 cents per kilowatt hour. That is, if you had 10 light bulbs with a brightness of 100 watts each, and you burned them for one hour using electricity generated by the solar farm to be built in Mexico by 2020, that would cost you 1.7 cents. In most states in the US it would now cost you 8 cents to 22 cents, if the electricity were generated by coal and natural gas.
As a result, says the energy consultant Tim Buckley, “Adani is getting exactly the same sort of treatment from Australian politicians to that which he is used to back in India. He has been offered a $1 billion subsidised loan from the Northern Australian Infrastructure Facility [NAIF], and a $600 million royalty holiday and free water from Queensland taxpayers. And as if that wasn’t enough, we’ve now learnt that the Queensland Government has compulsorily acquired prime agricultural land to make way for the Adani railway. It’s farcical.”
Thousands of people gather at 40 locations across the country on Saturday as part of the Stop Adani Alliance
Renewable energy is now the cheapest form of new power.
India’s former environment minister says the Adani Group’s track record in India leaves a lot to be desired.
But there are three reasons the Federal Government keeps pushing it.
By maintaining the archaic Liddell power plant Turnbull is only appeasing the fuel lobby and the right wing of the COALition.
Special report: The pace of coal plants shutting down in Australia could mean the country’s fleet could be gone before 2040. The transformation is enormous – and seems inevitable• Support our independent journalism and critical reporting on energy and the environment by giving a one-off or monthly contribution
Dumped water containing over eight times the permitted amount of sediment was released by family-linked company during Cyclone Debbie in March
Climate policy can’t get any dumber than when PM Malcolm Turnbull is implementing the very energy policies he once described as “bullshit”.
The Anti-Adani protest has generated divisive anti-worker rhetoric. Preventative unemployment should be a key focus towards a post-coal world. This article discusses the importance of themes in the narrative towards a post-coal world and explores the approach to preventative unemployment policy.
“At one time there must’ve been dozens of companies making buggy whips. And I’ll bet the last company around was the one that made the best goddamn buggy whip you’d ever seen.”But you wouldn’t give a billion dollars to that company. You wouldn’t invest your future in a company making a product from the age of the horse-and-cart in a modern world.
Office of the chief economist projects market will grow by 8.7% by 2022, but Institute for Energy Economics says this is based on out of date analysis
At least eight miners at an underground coal mine in Colombia have died and five more are missing after an explosion caused by methane gas, the national mining agency said on Saturday.
A MAJOR NEW SURVEY has pointed to the inevitable decline in coal generation, as the ongoing plunge in wind and solar costs make those technologies significantly cheaper than even refurbished coal-fired generators.
Last month India cancelled coal projects in the pipeline equal to around 13.7GW of electricity capacity. It is also preparing to close 37 coalmines.Should the cost of renewables such as solar, which fell below the price of coal this year, continue to decline, the Indian economy has the potential to be coal-free by 2050, according to a recent report from the Delhi-based Energy and Resources Institute
Trump’s rebuff of global climate action is right out of the coal club’s playbook – dismiss the science, complain that other countries will get a better deal, build fear around jobs, prices and industry to resist change.
$1.32 billion / 24.4 jobs = $54,098,361 per job By Michael Griffin Concerns about the environmental costs and damage to the nationally and globally significant Great Barrier Reef by the Adani Group’s Carmichael mine in Queensland, the world’s biggest coal mine, have been expressed. Yet the now discredited claims regarding the economic benefits that the…
The government of Indian state Gujarat has cancelled a proposed 4 gigawatt coal power ultra-mega power project due to existing surplus generation capacity and a desire to transition from fossil fuel–based energy sources to renewable power.Reports from India’s Business Standard earlier this month reported that the government of Gujarat, under Chief Minister Vijay Rupani, has
In a world where coal has no future, the proposed Adani mine should not be given serious consideration. Even if climate change were not a pressing problem, and even if thermal coal prices were to rise and stay high, the project would bring little benefit to Australia, writes Ian McAuley. Dear reader, I’m asking youMore
Kentucky coal company announces plans to build the state’s largest solar farmThe company says the farm will give jobs to displaced coal miners.A dump truck moves dirt and rock from a mountaintop removal coal mine in Kentucky. CREDIT: AP Photo/Roger AlfordA Kentucky coal company announced Tuesday that it is planning to build a solar farm on a reclaimed mountaintop removal coal mine and that the project would bring both jobs and energy to the ar
Conservationists renew warnings about destruction of the onshore environment and Great Barrier Reef.
Yeah, probably not hey.
“It is a little ironic,” said a museum spokesman. “But you know, coal and solar and all the different energy sources work hand-in-hand. And, of course, coal is still king around here.”
Ok, I was going to write about Trump’s attack on Syria and my confusion that some of the same people who were worried that Trump would react emotionally and attack another country are now applauding his actions because he reacted emotionally to the footage of the gas attack. And then I realised that I’d have…
Acting prime minister calls $900m concessional loan a ‘tipping point issue’ as Malcolm Turnbull meets Adani founder
Fox Business host Stuart Varney allowed a coal mining company CEO who previously said President Donald Trump couldn’t bring back coal jobs to walk back those comments, while Varney himself pushed the myth that environmental protections are to blame for the loss of jobs in the coal industry.A March 27 article in The Guardian reported that
The proposed Adani coal mine has been granted unlimited access to groundwater in a move farmers fear will allow it to drain huge amounts of water from the Great Artesian Basin.