Category: Archive

Archived material from historical editions of The Generator

  • Venezuela nationalises utilities

    Control for central bank: Among the utilities that may be affected by his call for nationalisation is Electricidad de Caracas, a unit of Alexandria, Virginia-based AES Corp. In his speech Mr Chavez also said he would seek to strip the central bank of independence from the Government as part of a plan to overhaul the constitution. "The central bank shouldn’t be autonomous," Mr Chavez said. "That is one of the biggest mistakes of the constitution."

    Profits, factories, farms in sights: Mr Chavez, who last year raised royalties on oil companies and forced some into joint ventures with the state, has stepped up his calls to regulate corporate profits and speed seizure of "under-utilised" farms and factories since his re-election. Mr Chavez’s control of the Congress, courts and state governments will help push through those plans.

    Currency restrictions: Mr Chavez imposed restrictions in foreign currency trading in early 2003 to stem an outflow of dollars after a two-month national strike aimed at ousting him cut oil exports and drained international reserves. Venezuelan banks operate under interest rate caps; phone and power rates and rents are also controlled.

    The Australian, 10/1/2007, p.17

  • Carbon trading will increase cost of electricity

    The Energy Users Association of Australia estimates the current costs of compliance, now between $4 and $9 per megawatt hour, or up to 20 per cent in additional electricity costs, could increase to $25 per megawatt hour under a proposed emissions trading scheme, reported Annabel Hepworth and Duncan Hughes in The Australian Financial Review (8/1/2007, p.5).

    EUAA sees blow to industry: Victoria and NSW have said they would not abolish their state renewable energy targets if the emissions trading scheme were introduced. According to a leaked copy of the EUAA’s response, to be submitted later this month, the costs were “likely to lead to fundamental shifts in the structure of Australian industry with consequent structural adjustment plant closures, job losses and loss of new investment opportunities”.

    Proposed link to international carbon trade: The companies were responding to a discussion paper about a national and sector-based emissions trading scheme, which could in future link Australia to international carbon markets. Prime Minister John Howard has steadfastly refused to ratify the Kyoto Protocol, which sets targets for cutting emissions, but has softened his line on the greenhouse gas issue recently.

    Fed taskforce to report in mid-2007: Last month Howard set up a separate taskforce to the states’ taskforce to examine a global emissions trading system. That taskforce, chaired by Department of Prime Minister and Cabinet head Peter Shergold, is expected to report by midyear, but federal Labor leader Kevin Rudd has said the country needs a scheme immediately.

    The Australian Financial Review, 8/1/2007, p.5 Provided by eRisk

  • Caltex embraces bio-fuels

    Caltex says it has achieved its year-end target of over 100 Caltex-supplied service stations selling ethanol blended petrol, says The Australian Financial Review (22/12/06, p.13).

    E10 at 125 stations: E10 Unleaded petrol, blended with 10 per cent ethanol, is now sold at over 125 service stations in the Caltex network from Canberra to Cairns. This has doubled availability within the network in just six months.

    Biodiesel added: All diesel fuel supplied from the Caltex distribution terminal in Newcastle is New Generation Diesel, enhanced with two per cent biodiesel. Over 235 service stations supplied by Caltex new sell E10 Unleaded petrol or New Generation Diesel, or both.
    Caltex supplies a range of biodiesel blends to commercial customers in New South Wales and South Australia.

    Ready for increasing demand: Caltex has terminal and blending facilities in place to support increasing demand for biofuels, with plans to expand into new and existing markets. More service stations selling E10 Unleaded are also planned.

    The Australian Financial Review, 22-26/12/2006, p.13  Provided by eRisk

  • This Road is for Jews Only

    On one occasion I witnessed such an encounter between a driver and a soldier who was taking down the details before confiscating the vehicle and sending its owner away. "Why?" I asked the soldier. "It’s an order–this is a Jews-only road", he replied. I inquired as to where was the sign indicating this fact and instructing [other] drivers not to use it. His answer was nothing short of amazing. "It is his responsibility to know it, and besides, what do you want us to do, put up a sign here and let some antisemitic reporter or journalist take a photo so he that can show the world that Apartheid exists here?"

    Indeed Apartheid does exist here. And our army is not "the most moral army in the world" as we are told by its commanders. Sufficient to mention that every town and every village has turned into a detention centre and that every entry and every exit has been closed, cutting it off from arterial traffic. If it were not enough that Palestinians are not allowed to travel on the roads paved ‘for Jews only’, on their land, the current GOC found it necessary to land an additional blow on the natives in their own land with an "ingenious proposal".

    Humanitarian activists cannot transport Palestinians either.

    Major-General Naveh, renowned for his superior patriotism, has issued a new order. Coming into affect on 19 January, it prohibits the conveyance of Palestinians without a permit. The order determines that Israelis are not allowed to transport Palestinians in an Israeli vehicle (one registered in Israel regardless of what kind of numberplate it carries) unless they have received explicit permission to do so. The permit relates to both the driver and the Palestinian passenger. Of course none of this applies to those whose labour serves the settlers. They and their employers will naturally receive the required permits so they can continue to serve the lords of the land, the settlers.

    Did man of peace President Carter truly err in concluding that Israel is creating Apartheid? Did he exaggerate? Don’t the US Jewish community leaders recognise the International Convention on the Elimination of all Forms of Racial Discrimination of 7 March 1966, to which Israel is a signatory? Are the US Jews who launched the loud and abusive campaign against Carter for supposedly maligning Israel’s character and its democratic and humanist nature unfamiliar with the International Convention on the Suppression and Punishment of the Crime of Apartheid of 30 November 1973? Apartheid is defined therein as an international crime that among other things includes using different legal instruments to rule over different racial groups, thus depriving people of their human rights. Isn’t freedom of travel one of these rights?

    In the past, the US Jewish community leaders were quite familiar with the meaning of those conventions. For some reason, however, they are convinced that Israel is allowed to contravene them. It’s OK to kill civilians, women and children, old people and parents with their children, deliberately or otherwise without accepting any responsibility. It’s permissible to rob people of their lands, destroy their crops, and cage them up like animals in the zoo. From now on, Israelis and International humanitarian organisations’ volunteers are prohibited from assisting a woman in labour by taking her to the hospital. [Israeli human rights group] Yesh Din volunteers cannot take a robbed and beaten-up Palestinian to the police station to lodge a complaint. (Police stations are located at the heart of the settlements.) Is there anyone who believes that this is not Apartheid?

    Jimmy Carter does not need me to defend his reputation that has been sullied by Israelophile community officials. The trouble is that their love of Israel distorts their judgment and blinds them from seeing what’s in front of them. Israel is an occupying power that for 40 years has been oppressing an indigenous people, which is entitled to a sovereign and independent existence while living in peace with us. We should remember that we too used very violent terror against foreign rule because we wanted our own state. And the list of victims of terror is quite long and extensive.

    We do limit ourselves to denying the [Palestinian] people human rights. We not only rob of them of their freedom, land and water. We apply collective punishment to millions of people and even, in revenge-driven frenzy, destroy the electricity supply for one and half million civilians. Let them "sit in the darkness" and "starve".

    Employees cannot be paid their wages because Israel is holding 500 million shekels that belong to the Palestinians. And after all that we remain "pure as the driven snow". There are no moral blemishes on our actions. There is no racial separation. There is no Apartheid. It’s an invention of the enemies of Israel. Hooray for our brothers and sisters in the US! Your devotion is very much appreciated. You have truly removed a nasty stain from us. Now there can be an extra spring in our step as we confidently abuse the Palestinian population, using the "most moral army in the world".

    [Translated by Sol Salbe]

    Shulamit Aloni is the former Education Minister of Israel. She has been awarded both the Israel Prize and the Emil Grunzweig Human Rights Award by the Association for Civil Rights in Israel.

  • Oil prices lowest in 18 months

    Inventories down: Meteorologists at Weather Derivatives have said demand for heating oil in the US north-east, which has the world’s largest heating fuel appetite, should remain 40 per cent below normal levels until January 11. The weakening in demand is also apparent in the level of US oil inventories, which expanded last week.

    Unsettling for OPEC: The speed with which prices had wilted could unsettle producers in the Organisation of Petroleum Exporting Countries, which have been struggling over the last few months to nudge crude back up over $US60 a barrel. Broker Michael Davies predicted that if the warm weather persisted, OPEC could be forced to defend a level of $US50 a barrel. The Organisation of Petroleum Exporting Countries, announced two production cuts near the end of last year totalling 1.7 million barrels a day in a bid to shore up prices.

    The Canberra Times, 8/1/2007, p.11 Provided by eRisk