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Electric cars and wind turbines face metal supply shortages Ecologist 12th June, 2010 The Government’s much-vaunted ambition for a low-carbon economy could be threatened by shortages in key metals and the environmental cost of developing new mining facilities A rapid increase in electric cars and offshore wind turbines might not be sustained, the Government has Continue Reading →
Vinnies council suspended ‘over bullying’
ONE of the largest trade unions in Australia has welcomed the move by St Vincent de Paul to suspend its NSW board after years of bullying complaints.
The society’s national president, Syd Tutton, dismissed the state council last Friday in a move to halt the negative culture that had developed in the branch.
St Vincent de Paul Society national chief executive John Falzon said the incidences of bullying had occurred as a result of the branch taking a corporate approach to management.
“Over the years incidents have been reported to the national president involving both the bullying of staff and members of the society,” Mr Falzon said today.
Delay on ETS will be costly – report Updated: 12:37, Monday July 12, 2010 Delaying an emissions trading scheme could cost households an extra $60 a year in energy costs, a new report suggests. Federal cabinet meets on Tuesday to nut out the government’s latest approach to climate change, likely to be a key election Continue Reading →
Greens policy will save Australians $2 billion – Brown Australian Greens Leader Bob Brown says that today’s Climate Institutereport shows the Greens’ policy of a carbon tax will save households andbusinesses money as power costs soar, helped by federal government andopposition inaction. “The old parties’ inaction is locking in more expensive electricityproduction which, this report Continue Reading →
Polls show Labor ahead of Coalition
LABOR has an election-winning lead in two polls published today as cabinet prepares to meet to decide on a climate change policy.
The Galaxy and Nielsen polls show Labor ahead of the Coalition by 52 per cent to 48 per cent on a two-party preferred basis.
Newspoll will be published in The Australian next week.
Nielsen research director John Stirton said the poll was a more realistic reflection of voter sentiment than the big boost Julia Gillard received immediately after knifing Kevin Rudd last month.
“They’re in front and they’ve got a primary vote that can deliver victory,” Mr Stirton told ABC radio.
He said that, with Greens preferences, Labor would win an election “fairly clearly” on today’s poll, which surveyed 1400 voters.
Business underestimating catastrophic consequences of declining oil, says Lloyd’s of London/ISS report
Greenpeace activists paint over BP logo in a protest against the BP oil spill. Lloyd’s of London has joined dire warnings about peak oil. Photograph: Reuters
One of the City’s most respected institutions has warned of “catastrophic consequences” for businesses that fail to prepare for a world of increasing oil scarcity and a lower carbon economy.
The Lloyd’s insurance market and the highly regarded Institute of Strategic Studies (ISS, known as Chatham House) says Britain needs to be ready for “peak oil” and disrupted energy supplies at a time of soaring fuel demand in China and India, constraints on production caused by the BP oil spill and political moves to cut CO2 to halt global warming.
“Companies which are able to take advantage of this new energy reality will increase both their resilience and competitiveness. Failure to do so could lead to expensive and potentially catastrophic consequences,” says the Lloyd’s and ISS report “Sustainable energy security: strategic risks and opportunities for business”.
The insurance market has a major interest in preparedness to counter climate change because of the fear of rising insurance claims related to property damage and business disruption. The review is groundbreaking because it comes from the heart of the City and contains the kind of dire warnings that are more associated with environmental groups or others accused by critics of resorting to hype. It takes a pot shot at the International Energy Agency which has been under fire for apparently under-estimating the threats, noting: “IEA expectations [on crude output] over the last decade have generally gone unmet.”