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  • Sneaky new property tax in nsw: Libs

    Sneaky new property tax in NSW: Libs

    AAP May 12, 2010, 4:01 pm

     

    The NSW opposition is accusing the state government of using the federal budget as cover to sneak through a new property tax.

    NSW Lands Minister Tony Kelly announced in parliament on Wednesday that the government will introduce new charges on transfers of properties valued at more than $500,000, as part of a plan he says will prevent fraud.

    Ad valorem fees of 0.2 per cent will be charged for properties worth between $500,000 and $1 million, and 0.25 per cent for properties valued above $1 million.

    However, the first $500,000 will be fee free, making the payment on an average Sydney home of $600,000 about $200.

    “The new security measures will strengthen land title examination processes and will include an additional six authentication measure such as a new watermark and a security trust seal tailored specifically for certificates of title,” Mr Kelly said.

    The NSW opposition immediately seized on the announcement, accusing the government of trying to sneak through the new tax before next month’s Penrith by-election.

    “This is an attempt under the cover of a federal budget to get some bad news out from the state budget, well away from polling day in Penrith,” he said.

    “This is a tax on homebuyers, this is a tax that is going to hurt the property market.”

    Shadow treasurer Mike Baird says claims the scheme will prevent property fraud are “complete spin”.

    “Whatever way you dress this up, it is not Cinderella at the ball, it is an ugly dirty tax,” he said.

    “Whatever way they try to do it, it will not hide the fact that this is a tax on homes, it’s a stamp duty by any other name.”

    Premier Kristina Keneally defended the changes in question time, saying “70 per cent of property registrations will remain unaffected by the ad valorem charges”.

    “Western Australia, Victoria, Queensland and South Australia all have ad valorem fees on transfers,” she said.

    “The proposed ad valorem rates maintain NSW as middle ranking in government land transfer charges.”

    If passed by parliament, the new charges would come into affect in July.

    The fees are expected to raise about $90 million annually.

     

  • Flannery blasts PM over ‘ breach of faith’ on climate

     

    “I could go to the Prime Minister now and say, ‘Look, why don’t we put some policies together to address climate change effectively,’” Professor Flannery said.

    “And even if he accepted them, I wouldn’t have any faith that he would actually deliver on them because we’ve already seen this breach of faith.

    “That’s the fundamental problem: it’s not the delay of the climate thing, as bad as that is, it’s the breach of faith with the electorate that’s the problem.”

    Professor Flannery says the effects of climate change are already apparent around Australia but the Government has not done enough to deal with it.

    “They need to deliver on their policies, they really do,” he said.

    “And we have seen nothing from this Government to deliver as far as I can see effectively on any environmental issue.

    “So it’s been very deeply disappointing, I think, for me to see all of this happen and it does have moral implications.

    “I mean trust is the basis of all of our transactions and in politics it’s particularly important.”

    Tags: climate-change, government-and-politics, the-budget, australia, nt, darwin-0800

  • Renewables cash welcome, but will not create jobs or drive industry

    Renewables cash welcome but will not create jobs or drive industry

    Canberra, Wednesday 12 May 2010

    The $652 million increased investment in renewable energy in last
    night’s Federal Budget will be welcomed by an industry starved of
    support, but will not provide any long-term certainty for a serious
    expansion in renewable energy.

    The Greens will pursue in the Senate the systemic policies we need,
    including an effective price on polluters and a feed-in tariff for all
    sources of renewable energy, which will do far more than piecemeal
    subsidies for a few government-chosen projects is no substitute for.

    “This investment is a drop in the ocean compared to the billions that
    would have been invested every year if the government had been willing
    to work with the Greens to get a levy on polluters,” said Australian
    Greens Deputy Leader, Senator Christine Milne.

    “Being serious about harnessing our sun, wind, ocean and biomass power,
    and creating tens of thousands of jobs in those sunrise industries,
    means putting in place the economy-changing policies that will deliver
    it, and the Greens will be pursuing those policies in the Senate.

    “Piecemeal subsidies will just see Australia importing technologies from
    overseas to build a handful of plants, not creating long-term jobs in
    manufacturing and installation. This is the result of driving innovation
    offshore over many years.

    “To do that, we need a higher renewable energy target, a feed-in tariff,
    loan guarantees, an industry development plan, R&D funding and a real
    price on carbon that will ensure that emissions reducing activities are
    competitive instead of channelling funds back to the pockets of the
    polluters.”

    The short-list of projects to be funded by Solar Flagships and the
    Renewable Energy Development Program, released last night after the
    Budget, has bypassed options for baseload solar power with thermal
    storage technology in favour of hybrid coal-solar projects that are
    being leap-frogged around the world.

    “Putting Martin Ferguson in charge of funding renewables programs is
    like putting the fox in charge of the hen house.

    “It is no wonder that Martin Ferguson has chosen to turn a blind eye to
    the baseload solar with storage options that have the potential to
    seriously challenge coal’s dominance in Australia.

    “Minister Ferguson’s priorities quite explicitly lie with protecting the
    coal companies, even when he is supposed to be funding renewable energy
    projects.

    “Doubtless, many of the projects funded are worthy of investment, but
    the fact that there were 52 applications for Solar Flagships – many from
    global leaders in the business – shows that what is necessary is a
    systemic program to give these companies the support they need to all
    start investing in Australia.

    “Imagine the jobs boom and the tremendous benefits for clean air and the
    climate if all those 52 applications were competitive thanks to a
    feed-in tariff or loan guarantee.

    “The Greens will be pursuing these policies in the Senate to give the
    renewable energy sector what it needs to boom in this sunny country.”

    Tim Hollo
    Media Adviser
    Senator Christine Milne | Australian Greens Deputy Leader and Climate
    Change Spokesperson
    Suite SG-112 Parliament House, Canberra ACT | P: 02 6277 3588 | M: 0437
    587 562
    http://www.christinemilne.org.au/| www.GreensMPs.org.au
    <http://www.greensmps.org.au/>

    PROTECTING THE CLIMATE IS A JOB FOR EVERYONE

  • Carbon calculator reveals Labour and Tory policy as science fiction

     

    As the figures pulled together by the calculator team show, the real total (using 2007 figures) should be 950Mt. The government artificially excludes the greenhouse gas emissions caused by the goods we import and the international travel we commission. It’s not hard to see why ministers choose to overlook these figures. If just the outsourced emissions (gases released in producing goods we import) are counted, all the cuts the UK claims to have made since 1990 would be cancelled out – and then some.

    According to the government’s provisional figures for 2009, the UK has cut its greenhouse gas emissions by 198MtCO2e since 1990. But the Carnegie Institution for Science estimates that we have outsourced 253Mt. The sad and shocking truth is that the apparent success of the UK’s carbon-cutting programme, on which the government bases its boast that we’re a world leader in reducing pollution, results from the collapse of our manufacturing base and its re-establishment overseas.

    So throw in 253Mt for outsourced emissions, 7Mt for the international shipping we use, 67Mt for international aviation plus the 2Mt the government has failed to include for extra greenhouse warming (not CO2) caused by domestic flights, and you discover that the UK has left 329Mt of carbon off its national accounts, or very nearly 50% of the 2007 total (636Mt). The figure would have been even higher had the team included the net 40Mt of emissions which Professor Dieter Helm of the University of Oxford calculates [PDF, see figure 7, page 18] is caused by UK citizens holidaying abroad (net means that the emissions from foreign tourists holidaying here have been subtracted).

    Even if the calculator achieves nothing else, highlighting this massive discrepancy should shake up the debate and change our view of what the UK has achieved.

    Just as striking are the figures for manufacturing and consumption. When I started playing with the calculator, at first I skipped over the top category. This is because, like many environmentalists, most of my work has been focused on efforts to tackle our direct consumption of energy: the heat and electricity we use at home and in offices, and the fuel we use for transport. I immediately ran into trouble. However many wind turbines and nuclear power plants I commissioned, however many drivers I shoved on to the railways and businessmen I dragged kicking and screaming out of aeroplanes, I couldn’t get the totals down by anything like the required amount. Only then did I notice how great a proportion of our emissions come from manufacturing and consumption.

    Consulting my book Heat, first published in 2006, I now realise that I used to be half-aware of the scale of this issue, but somehow, in the midst of all the excited debates about how our electricity should be generated, our homes improved and our transport networks run, I had managed to forget it. So it was a shock to discover that manufacturing and consumption (if you include the construction industry) accounts for 541Mt of our emissions, or 57% of the true total. This is a good bit higher than I thought in 2006, because the sector’s impact is massively boosted by the outsourced emissions the official figures don’t count. The great majority of the UK’s offshore total results from our consumption of foreign goods. The exclusion of these figures from official accounts is one of the reasons why we have neglected this sector.

    Of the 541Mt caused by manufacturing and consumption, 223Mt is embodied in the imported goods (minus food) we consume; 141Mt arises from the energy used by UK industries; 87Mt from all food production and consumption (onshore and offshore); 19Mt from industrial process emissions (the CO2 released by chemical processes like cement manufacture); 23Mt from the waste we create and 48Mt from the freight vehicles (some of them excluded from official figures) required to move our stuff around.

    Like most people in the environment movement, I spend my time talking vaguely about the need to reduce the consumption of goods, but specifically – with figures attached – about the need to reduce the direct consumption of energy. But however well we insulate our homes, change our travel habits, alter the electricity supply and switch to more efficient appliances, however much the public sector cleans up its act and the efficiency of commercial buildings is improved, we’ll still be only scratching the surface of the problem. The real issue is not our direct consumption of energy but the greenhouse gases embodied in the goods we buy. It strikes me that in focusing on direct consumption I’ve helped to give both the government and business an unduly easy ride.

    So here we bump into the second probable reason why Labour and the Conservatives have chosen not to try out the calculator (Simon Hughes of the Lib Dems did run the calculator and shared the result). It highlights the glaring contradiction in the manifestos of all three main parties: they all seek to boost economic growth by raising consumption, but consumption has already pushed greenhouse gas levels way beyond the point that they consider sustainable. You can pursue a policy of economic growth and reduced carbon emissions only by engineering a fudge of the kind the calculator exposes: offshoring one third of our emissions, most of which arise from the goods we consume. The impacts of rising consumption are hidden by excluding them from national accounts.

    Only the Green party has approached this issue honestly, by accepting upfront that economic growth is the problem and that current levels of consumption cannot be sustained. It’s time we called out the other parties on their failure to acknowledge, let alone tackle, this contradiction. And it’s time we all recognised that consumption is the big issue.

    monbiot.com

  • Shelved ETS funds clean energy programs

    Shelved ETS funds clean energy programs

    By Ben Atherton

    Updated 3 hours 52 minutes ago

    The Government remains committed to its controversial emissions trading scheme “over the medium term”, but in the meantime it will be concentrating on providing more support for Australia’s renewable energy and energy efficiency sectors.

    Money saved by the shelving of the Carbon Pollution Reduction Scheme (CPRS) will be redirected into a $652 million new Renewable Energy Future Fund over the next four years.

    Forming part of the $5.1 billion Clean Energy Initiative, the fund will be used to support renewable energy projects like wind and solar power as well as to encourage households to reduce their energy usage.

    And there will be $30 million over two years for a national campaign to “educate the community in climate change”.

    The money includes funds to set up a new website as well as run ad campaigns in the print media and on radio and television.

    More than $100 million will be spent on advising more than 600,000 households on ways to improve energy and water efficiency under the new-look Green Loans program.

    The budget papers confirm the ill-starred CPRS will not be reintroduced to parliament before the end of 2012 and “will only do so after this time if there is sufficient international action” from major world economies like the US, China and India.

    In the drought-hit Murray-Darling system an additional $100 million is being brought forward for water buybacks to help restore southern Australia’s parched wetlands to health.

    There is also an extra $20.1 million for marine conservation, with $12 million over two years for the Great Barrier Reef Marine Park Authority.

    Tags: environment, alternative-energy, climate-change, conservation, environmental-management, government-and-politics, the-budget, federal-government, environmental-policy, australia

    First posted 4 hours 30 minutes ago

  • “Perverse subsidies’ to blame for wildlife loss, says UN

    ‘Perverse subsidies’ to blame for wildlife loss, says UN

    Ecologist

    10th May, 2010

    Promises to reduce biodiversity loss by 2010 have not been met by any national government, according to the UN, which is calling for taxes and incentives to encourage action

    The world is losing its biodiversity faster than ever before, despite world leaders setting targets for reducing the rate in 2002.

    An update report, ‘Global Biodiversity Outlook 3‘ from the United Nations Environment Programme (UNEP) found that of the agreed indicators of progress towards 2010 biodiversity target, almost all are falling.

    Coral species in particular are moving most rapidly towards extinction driven by overfishing, pollution and ocean acidification.

    The only signs of progress have been the reduction in the rate of loss of tropical forests and mangroves in some regions.

    There has also been continued growth in protected areas, but the report says the area of marine and inland water ecosystems under conservation is still low.

    UN secretary-general Ban Ki-Moon said that biodiversity ‘underpinned the functioning of the ecosystems on which we depend for food and fresh water, health and recreation, and protection from natural disasters.

    ‘Its loss also affects us culturally and spiritually. This may be more difficult to quantify, but is nonetheless integral to our well-being,’ he said.

    Time to reform GDP

    The UNEP report blamed, in part, ‘perverse subsidies’ and a failure to put an economic value on the benefits provided by ecosystems for continued biodiversity loss.

    A major report published last year by The Economics of Ecosystems and Biodiveristy (TEEB) project showed that safeguarding ecosystems could provide long-term economic benefit. For example, coral reefs were found to not only bolster fish stocks but also provide millions of pounds worth of tourism income and flood defence benefits.

    As well as fiscal policies to reflect the real value of ecosystems, the UNEP report also called on governments to stop basing economic growth objectives on a narrowly-defined GDP measurement. Instead, leaders should be ‘recognising other measures of wealth and well-being that take natural capital and other concepts into account’.

    It said the re-structuring of economies and financial systems following the global recession still provided an opportunity to use markets to create incentives and safeguard natural resources.

    ‘In 2008-9, the world’s governments rapidly mobilised hundreds of billions of dollars to prevent collapse of a financial system whose flimsy foundations took the markets by surprise. Now we have clear warnings of the potential breaking points towards which we are pushing the ecosystems that have shaped our civilizations.

    ‘For a fraction of the money summoned up instantly to avoid economic meltdown, we can avoid a much more serious and fundamental breakdown in the Earth’s life support systems,’ concluded the report.

    Useful links
    UNEP report on biodiveristy