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admin /5 August, 2010
Saudi Arabia to seek compensation for climate pact oil losses
Saudi Arabia and other oil-producing nations stake claim to projected $19bn losses if oil production declines due to global climate deal
- John Vidal in Bonn
- guardian.co.uk, Wednesday 4 August 2010 15.51 BST
- Article history
An oil field in Shaybah, Saudi Arabia. Photograph: George Steinmetz/ George Steinmetz/Corbis
Saudi Arabia, which has the world’s largest oil reserves and earned nearly $300bn in fossil fuel exports last year, will seek financial compensation for any loss it incurs if and when production declines after a new climate change agreement is reached.
The move, which was confirmed by UN officials at the UN climate talks in Bonn this week, matches demands made by the world’s poorest countries for money to adapt to climate change.
Saudi Arabia and some other Opec oil-producing countries claim that they will have to adapt their economies to a world which uses less oil and say they could lose as much as $19bn a year if countries are forced to cut fossil fuel use. Their argument is that they have only oil and sand as resources and it would be unfair to penalise them. Saudi Arabia first raised the idea of compensation for lost oil revenues at climate talks in Bangkok last year, in the run-up to the Copenhagen climate summit.
admin /5 August, 2010
Ecuador offers to leave rainforest oil in the ground for $3.6 billion Ecologist 5th August, 2010 Ecuador seeks $3.6 billion from international donors to protect species-rich rainforest reserve from oil exploration Ecuador has signed a groundbreaking agreement with the United Nations to forgo oil exploration in Yasuni National Park – believed to be one of Continue Reading →
admin /5 August, 2010
We’re hot as hell and we’re not going to take it any more
This was originally published on TomDispatch and is republished here with Tom’s kind permission.
Try to fit these facts together:
According to the National Oceanic and Atmospheric Administration, the planet has just come through the warmest decade, the warmest 12 months, the warmest six months, and the warmest April, May, and June on record.
A “staggering” new study from Canadian researchers has shown that warmer seawater has reduced phytoplankton, the base of the marine food chain, by 40 percent since 1950.
Nine nations have so far set their all-time temperature records in 2010, including Russia (111 degrees F), Niger (118), Sudan (121), Saudi Arabia and Iraq (126 apiece), and Pakistan, which also set the new all-time Asia record in May: a hair under 130. I can turn my oven to 130.
And then, in late July, the U.S. Senate decided to do exactly nothing about climate change. They didn’t do less than they could have — they did
nothing, preserving a perfect two-decade bipartisan record of no action. Senate Majority Leader Harry Reid (D-Nev.) decided not even to schedule a vote on legislation that would have capped carbon emissions.
admin /5 August, 2010
Coastal planning controls removed
BRIAN ROBINS
August 5, 2010
THE state government appears to have given carte blanche to the private developer of land at Catherine Hill Bay, south of Newcastle, by removing potentially onerous coastal development controls.
The move paves the way for the developer to be able to build on the headland and up to the beach.
admin /5 August, 2010
Decision tipped tomorrow on electoral challenge
By Katherine Pohl
Posted 3 hours 50 minutes ago
The High Court is expected to hand down a decision tomorrow in a case that may impact the number of Australians allowed to vote in this month’s election.
Over the past two days the court has been listening to arguments about whether changes made by the Howard government to the Electoral Act in 2006 were constitutional.
Before the changes voters had seven days after an election was called to enrol to vote.
When the new laws came in the rolls shut on the day the election writs are issued.
admin /5 August, 2010
NSW to scrap Area Health Services
Updated 2 hours 52 minutes ago
The move is a condition of the COAG health agreement. (AFP: Norwood Abbey, file photo)
The New South Wales Government is scrapping Area Health Services and has today unveiled the proposed replacement model.
As part of the COAG health agreement signed earlier this year, the State Government agreed to scrap Area Health Services and replace them with Local Health Networks.
The Government has today released proposed boundaries for the networks.
Seventeen will be created across the state in place of the eight current health services.
