Category: Coal

China, Coal

Government still seeks Free Trade Agreement with China despite Beijing’s plans to reintroduce coal import tariffs

Mining trucks go about their work in the coal mine at Collie in Western Australia, December 2009.

The Trade Minister Andrew Robb says he hopes Beijing’s decision to put tariffs on coal imports will not delay the Government’s planned free trade deal with China.

China’s Ministry of Finance said in a statement that import tariffs for anthracite coal and coking coal will return to 3 per cent, while non-coking coal will have an import tax of 6 per cent.

Mr Robb said he could not predict whether it will see Australian mining operations close or jobs lost.It is not clear if exporters in Indonesia, the second-biggest shipper of the fuel to China, will be subject to the tariffs since they have a free trade agreement.

The China National Coal Association, which had submitted proposals to reduce domestic output, reduce tax burden and regulate imports, had urged Beijing to act swiftly to support the besieged sector, where 70 per cent of the miners were making losses and more than half were owing wages.

Coal, Propaganda, Uncategorized

The Minerals Council puts out the trash for old King Coal and it’s all Coal-Lies

The mining industry likes to puff itself up with impressive sounding numbers — but unfortunately many, if not most, of these figures are absolute rubbish, writes Lachlan Barker.

http://www.independentaustralia.net/environment/environment-display/the-minerals-council-puts-out-the-trash-for-old-king-coal,6977

Climate, Coal, Tony Abbott

We like the Australian People but not the Australian Government

 

Merkel adviser lashes Abbott’s ‘suicide strategy’ on coal

 

German Chancellor’s adviser on climate policy: Hans Joachim Schellnhuber. Photo: Scott Morton

A lead adviser to German Chancellor Angela Merkel on climate policy has attacked Australia’s complacency on global warming and described the Abbott government’s championing of the coal industry as an economic “suicide strategy”.

He said calling for continued coal use was not only poor climate policy, it made little sense economically when the rest of the world was turning to renewable energy.

“China will soon come up to peak coal consumption,” he said.

“Other Asian economies might peak even sooner.

“It’s almost a suicide strategy for the Australian economy.”

His comments come after countries savaged Australia’s performance at a special climate summit of world leaders in New York last week, where US President Barack Obama said combatting global warming was a joint effort by all nations and “nobody gets a pass”.

Germany, one of the world’s biggest producers of wind energy, has set emissions cuts of 40 per cent on 1990 levels by 2020, although it is lagging behind this target.

It has also set targets of 55 per cent by 2030 and 80 per cent by 2050 – a goal that would require most of the country’s fossil-fuel energy stations to cease operating.

Professor Schellnhuber, who is also director of the Potsdam Institute, said it had been disappointing to see Australia’s retreat on climate policy after it became “the darling of the world” when Kevin Rudd ratified the Kyoto Protocol in 2007.

Asked about the reaction to Australia’s performance in New York, he said: “Everybody likes Australian people but nobody liked the Australian government there.”

Professor Schellnhuber said instead of backing away from policies such as Australia’s renewable energy target, the Abbott government should be exploiting Australia’s enviable position as the country with the “biggest potential” to produce renewable energy.

He said this was especially important when Australia was one of the continents most vulnerable to the effects of climate change, which would hit the country in the form of unprecedented heatwaves, fires and coral bleaching.

 

Read more: http://www.smh.com.au/federal-politics/political-news/merkel-adviser-lashes-abbotts-suicide-strategy-on-coal-20141002-10ouu6.html#ixzz3FAL0kLkD

Andrew Robb, China, Coal

Andrew Robb is now out selling the coal now. Tony Abbott’s dropped that along with Women and the Indigenous loves war though.

“Instead of thinking brown coal’s day has passed, we need to bear in mind its potential to support new industries and jobs in the future.” Things we haven’t thought of. According to Robb it would seem to be the new fuel of science fiction.

Mr Robb has insisted that people who describe it as a resource of the past – not the future – are being “unduly pessimistic and indeed naive” in their view of the role coal plays in the world. That you can never be sure whether a resource has had it or not. Just because it is not feasible or economic to develop a mine at present  doesn’t mean it will always be that way,” Mr Robb will tell the conference.

“Australia’s reputation as a reliable supplier of low-cost resources and energy is something we must continue to nurture, or our customers will diversify away from us.” Whilst there was rising demand for a more diversified energy mix from China and India, but demand for coal remained high in those two booming economies.

The man is a salesman with nothing to sell. China has declared its purchase was going to drop by 50%. The world’s largest coal port Newcastle is seriously threatened so Abbott has handballed the indefensible problem to Robb…. Poor Klutz he’s just taking on Abbott’s mantle….if my lips move you know I’m lying

Coal, Tony Abbott

The Coal-ition is an open wound about to seep on our economy. Gina is begging for welfare.

The UN has told the coal industry that most of the world's coal reserves should be left in the ground.

Coal has no future in the world’s energy mix, UN warns, ahead of New York summit

The UN has warned that coal has no future in the world’s energy mix, as world leaders gather ahead of a major climate summit in New York.

The Federal Government says coal will serve as an affordable, dependable energy source for decades to come, but the UN’s climate chief has questioned whether that is in Australia’s best interests long-term.

“This is a question for which there is no simple answer … but to simply ignore the problem and hope that someone can continue with business as usual because one happens to sit on a mountain of coal or on a great deal of oil I think is ultimately not going to be the answer.”

Well at the moment in the Middle East oil access no longer guaranteed our dirty coal is no longer wanted. So why other than promises made is our government the only country in the world about to go like an Italian tank? 6 gears backwards? Hey Mr Abbott why are we subsidizing a dying business?

Climate, Coal, Julie Bishop

Julie Bishop rejects UN request to strengthen Australian climate targets

Lisa Cox

Lisa Cox

EXCLUSIVEPushing direct action: Foreign Minister Julie Bishop will attend a UN climate change summit next week.

Australia is refusing to take a plan for deeper cuts to greenhouse gas emissions to a special world leaders’ climate summit in New York next week.

Prime Minister Tony Abbott is not attending, despite planning to be in New York a day later for special UN talks on the escalating military situation in Iraq. Ms Bishop said she would reaffirm Australia’s commitment to reduce emissions by 5 per cent on 2000 levels by 2020.

The government will also use the New York meeting to drum up support for an Asia-Pacific rainforest summit in Sydney in November and to join a global declaration to phase down the use of hydrofluorocarbons, so-called “super greenhouse gases” used for refrigeration and air conditioning.

Ms Bishop said the proposal was “an opportunity for governments, business and NGOs to commit to protective steps” for rainforests and preserve their environmental, economic and social benefits.

Earlier this week Mr Ban said he expected Tuesday’s summit to lay the framework for putting a price on carbon.The Abbott government became the first country in the world in July to abolish a carbon price and its alternative direct action policy is in limbo without support in the Senate.

But the Foreign Minister said she would not lay down plans for targets beyond 2020.

“We’re looking at what other countries are doing.”But there is growing urgency from environmental groups for the government to define what its post-2020 target will be and how that will contribute to international efforts to keep global warming below two degrees, which scientists say would avoid the worst effects of climate change.

“The real tragedy in Australia is we’re focusing on 2020 and not on 2050, which is where international negotiations are headed 125 nation states will be attending.

Protecting  the interests of capital is far more important to this government than being a global citizen. Besides Murdoch is a climate skeptic and we still have a lot of dirty coal to sell the promises were made before the election.

Australian Economy Deregulation, China, Coal, Electricity, Tony Abbott, Uncategorized

Is there anything Abbott can sell? Coal you can’t give it away but we pay the price with electricity still on the rise.

China’s dirty coal ban will lose us billions of dollars in sales. Why air pollution in China. Abbott has said there’s no point in pursuing RET’s as they will have no effect on the global environment  China and other major polluters don’t do anything. Well China now has. Guess Abbott’s argument will need to change. We don’t need to do anything because the worlds biggest polluters are now doing it for us. Would you employ him as a sales person for your company? The country has.

What are we going to do with our dirty coal if it takes 2 years to ship to China instead of one we can’t put up it’s already dropped to cost out of the ground. We can sack the workers whose jobs Abbott was saving. We could close 50% of those mines we have subsidised at least Clive Palmer has a job and assetts like cars to sell unless the bank owns them.

What do financial advisers really mean when they say “We are all trying to sort out what is going on. the information is fairly fluid right now” Your money is going down the drain. We will have to find ways of using more coal here at home gut the RETs

Our coal producers say China is propping up their own mines due to their economic slow down it really has nothing to do with pollution. They can’t dare admit it’s long-term can they. Caught between a rock and a hard place , ‘lie’. Another sound bite coming from the Minerals Council is “there is no evidence that it will affect Australia”. How much spin and bullshit can you put on this. Palmer has “the Chinese are fucking liars they really want our coal. They want our coal. Please want my coal”  this is like the captain of the Titanic telling his  passengers and crew not to panic the hole in the hull is a good thing it’s letting the water out.

We have reserves of good coal which will continue to be in demand is another line. Does this mean mines we have already subsidised will close and we will be then asked to subsidise new ones. If I was a mining company I wouldn’t worry too much nothing needs to come out of the ground and the government cheques will keep coming it’s Corporate Welfare.

China, Coal, Electricity, India, Tony Abbott

ABBOTT’S DREAM FOR A COAL BOOM IN THE PIPELINE ARE FAST BECOMING A PIPE DREAM COAL-LITION TO COAL DUST

ABBOTT POINT IS HISTORY

 

 

Worst news for Australia as India taps solar, Beijing bans coal

By on 5 August 2014
As Australia’s federal government commits to a future digging up, burning and most of all exporting the nation’s vast coal resource, two of the countries upon which this shaky economic plan is most dependent – India and China – look to be closing the door on the heavy polluting fossil fuel.

In Delhi last week, the Indian government committed to a plan to provide low-cost loans and grants to set up some of the world’s largest solar PV parks across the country, each of them comprising as much as 20 gigawatts of capacity, about 10 times what India has built to date.At a cost about 32 per cent below the global average for solar, according to data compiled by Bloomberg, and well below the average for coal-fired power generation.
China &  India have become increasingly critical to the stability or continued growth of the seaborne coal market.Add to this India’s five-year solar lighting goal and you have what looks like a much diminished future coal equation for Australia.
According to official Chinese government statistics, coal use accounted for 25.4 per cent of the capital’s energy consumption in 2012 – a figure that is expected to shrink to less than 10 per cent by 2017.PWCS-Destination
China’s plans to slash its already declining coal use poses a major – but certainly not unheralded – problem for Australia’s coal industry.According to data from Newcastle’s Port Waratah Coal Services, China has accounted for just over 25 per cent of coal through the Port of Newcastle, the world’s biggest coal export hub in 2014.On top of this, the price for thermal coal has plunged more than 10 per cent in the last two months – due largely to major importing nations like India making it clear that renewable energy is offering a competitive energy alternative.

Currently, thermal coal is sold for less than $70 on the spot market, well below the mark for Australian producers to make money, let alone the cost of production and the level to get the finance for the massive new projects Prime Minister Tony Abbott is hoping to encourage.
Any chance of a boom as China grows may prove ephemeral.”

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