Author: admin

  • Snowy sell-off scares irrigators

    Eight peak irrigation organisations lay down conditions for supporting Snowy Hydro sale
    Irrigator bodies will strongly oppose privatisation of Snowy Hydro unless existing irrigator rights to water are maintained under the proposed $3 billion public asset sell-off, reported The Land (4 May 2006, p.5).

    10pc cap demanded: As opposition to the share market float of the iconic Snowy Mountains electricity and water supply business grows, southwestern water users are also demanding a 10 per cent cap on individual shareholdings and that an irrigation stakeholder committee is created.

    The organisations: A meeting of eight peak irrigation organisations in Sydney laid down these conditions for supporting the sale. The meeting included representatives from the NSW Farmers Association, NSW Irrigators Council, Ricegrowers Association of Australia, Southern Riverina Irrigators Council, Murray Irrigation Ltd, Murrumbidgee Irrigation Lid, Murray Valley Water Diverters Association and the rice marketing and processing company Sunrice. NSW Farmers president, Jock Laurie, said the three points were "very strongly held" by the organisations.

    The Land, 4/5/2006, p. 5

  • Booming carbon market still volatile

    Carbon market reached $US10 billion in 2005: The report which covered the period from January 1, 2005 to March 31, 2006 recorded a booming global market worth over US$10 billion in 2005, ten times the value of the previous year. "To put that figure in perspective, the entire US wheat crop in 2005 was valued at about US$7.1 billion," said Karan Capoor, Senior Financial Specialist, World Bank and main author of the report.

    Carbon a fully fledged commodity: The expert added: "The data makes it clear that carbon is now a financial commodity. Carbon is now priced and business managers take the carbon price into consideration along with other factors in making business decisions.

    Instability comes with the territory: "But like other financial commodities, the events of the last two weeks in the EU ETS shows that markets can be volatile." Capoor was referring to the fact that the price of carbon credits in the European Union dropped to a 12-month low last week, after several European countries reported that their 2005 emissions were below quota, dampening demand for pollution-permitting carbon credits.

    Developing countries behind emissions reductions: The 2006 State of the Carbon Market Report shows explosive growth in allowance markets, making them for the second year the main driver of growth of the market. European Union trades dominated the carbon market in terms of value – 75 percent in 2005 – but almost half of the total volume of greenhouse gas (GHG) emission reductions came from the developing world, making developing countries meaningful participants in the drive to reduce climate altering greenhouse gases on the Earth.

    Reference: The World Bank, 10 May 2006. Contact: Anita Gordon, +1 202 436 4791 or 202 473 1799, agordon@worldbank.org ; Sergio Jellinek, 202 294 6232, Sjellinek@worldbank.org For more information, please visit the websites: http://www.carbonfinance.org http://www.ieta.org Or visit the report Online: http://carbonfinance.org/Router.cfm?Page=DocLib&CatalogID=27336

  • Green power companies come online

    Greentricity applies to IPART for electricity retail suppliers licence in NSW; submissions soughtThe Independent Pricing and Regulatory Tribunal (IPART) of NSW has received an application for an electricity retail supplier’s licence under the Electricity Supply Act 1995 from Greentricity Pty Limited to operate in New South Wales, according to a notice in The Sydney Morning Herald (26/5/2006, p.6).

    Greentricity is an initiative by energy-tec, a Western Australian company that has invested heavily in smart meters and other tools to allo microgenerators to participate in the national grid. 

    Public submissions sought: IPART sought public submissions on this application. Submissions would have to address the assessment criteria contained in the Electricity Supply Act 1995. All submissions should reach the Tribunal by Thursday, 6 July 2006. Please direct enquiries to Cary Drysdale on (02) 9290 8477.

  • Water exchanges take shape

    In a scenario outlined in The Australian (19 May 2006 p.7) a typical dairy farm would hold water rights to more than 400 megalitres – worth about $480,000 with water priced at about $1200/ML.

    Constraints on water allocation and saleability: But under market rules only 4 per cent of the total water in any irrigation district can be sold and there can be no increase in the overall amount of water allocated to irrigation, to ensure environmental flows are preserved.

    Pro rata flow-through of limitations: Moreover traded water rights will only be as good as the conditions in the catchment of origin. This means, for example, that if a Victorian farmer buys a water right from a farmer alongside the Darling River and the overall Darling water allocation is halved during a drought, then so, too, is the right that the Victorian purchased.

    Vic-SA trial pays dividends: A trial water-trading scheme has been operating along the Murray in northwest Victoria and South Australia and has been credited with creating the massive expansion in horticulture in the Sunraysia and Riverland regions.

  • Teenagers prescribed psycho-drugs

    TeenScreen is a very controversial so-called "diagnostic psychiatric service" aka suicide survey; done on children who are then referred to psychiatric treatment. The evidence suggests that the objective of the psychiatrists who designed TeenScreen is to place children so selected on psychotropic drugs.

    "It’s just a way to put more people on prescription drugs," said Marcia Angell, a medical ethics lecturer at Harvard Medical School and author of "The Truth About Drug Companies." She said such programs will boost the sale of antidepressants even after the FDA in September ordered a "black box" label warning that the pills might spur suicidal thoughts or actions in minors. (The New York Post, December 5, 2004)

    TeenScreen is based on the thoroughly discredited "Diagnostic and Statistical Manual of Mental Disorders".

    … more  

  • Police take anti-war banners

    Mr Haw, who has camped in front of the Houses of Parliament since 2001, was incensed at the "raid" – and said he now intended to go on hunger strike. "It was shocking. I would not have believed they could stoop so low. I thought they going to do it decently, to do it through the courts, when they came like thugs in the night. They have completely destroyed all the expressions of people who opposed the war in Iraq," he said."It seems I am going to die in this place now because I’m going to be fasting and praying. What else can I do as a Christian? They have taken my means of showing people what is going on."

    The battle between police and the 57-year-old protester has been going on for some time. Last July, the Serious Organised Crime and Police Act came into force, bringing with it powers to halt demonstrations in Parliament Square and its vicinity, a provision widely seen as having been designed with Mr Haw in mind.

    Mr Haw, in turn, has claimed the restrictions do not apply to him because his demonstration began in June 2001, before the Act became law. But a Court of Appeal hearing this month rejected his argument and refused leave to appeal to the Lords. The court said he would have to apply to the police for authorisation to continue the protest.

    Scotland Yard defended the raid, calling it a partial clearance in response to "continual breaches" of the conditions of the permission imposed on the demonstration. A Scotland Yard spokeswoman said: "This action follows a number of requests to the applicant to adhere to the conditions."

    Human rights and anti-war groups criticised the police for heavy-handedness. David Wilson, of the Stop the War Coalition, said Mr Haw was "hardly a radical revolutionary. He is a Christian who has taken it upon himself to remind politicians that occupation and war mean death and destruction to men, women and children."

    Doug Jewell, campaigns co-ordinator for Liberty, said the raid showed the "Government’s intolerance had reached fever pitch".

    Mr Haw is due to appear before Bow Street magistrates at the end of the month to answer charges of breaching conditions to demonstrate in the square.

    Yesterday his 20-strong group of supporters at Parliament Square said they were more resolute than ever to continue their protest. Barbara Tucker, 44, from Reading, said: "We will replace the placards and just carry on."

    The veteran peace activist Brian Haw was stripped of his anti-war banners and placards by up to 50 police officers in an early-morning raid in Parliament Square yesterday.

    There were chaotic and farcical scenes as police wrestled with nine dishevelled protesters led by Mr Haw, and a 40-metre line of anti-war placards, including two donated by the graffiti artist Banksy, was dismantled and dumped in a metal container. Two demonstrators, Martin McGrath and Maria Gallastegui, who tried to climb the metal container to salvage the placards, were arrested. Mr Haw claimed that officers had seized his "personal belongings" as well, including bedding, clothes and a treasured Bible.

    By yesterday afternoon, the 40-metre protest line had shrunk to three metres, with two small placards remaining. The police presence far outweighed that of the protesters, who included a mime artist bearing a thought bubble with the inscription "free speech".

    Mr Haw, who has camped in front of the Houses of Parliament since 2001, was incensed at the "raid" – and said he now intended to go on hunger strike. "It was shocking. I would not have believed they could stoop so low. I thought they going to do it decently, to do it through the courts, when they came like thugs in the night. They have completely destroyed all the expressions of people who opposed the war in Iraq," he said."It seems I am going to die in this place now because I’m going to be fasting and praying. What else can I do as a Christian? They have taken my means of showing people what is going on."

    The battle between police and the 57-year-old protester has been going on for some time. Last July, the Serious Organised Crime and Police Act came into force, bringing with it powers to halt demonstrations in Parliament Square and its vicinity, a provision widely seen as having been designed with Mr Haw in mind.

    Mr Haw, in turn, has claimed the restrictions do not apply to him because his demonstration began in June 2001, before the Act became law. But a Court of Appeal hearing this month rejected his argument and refused leave to appeal to the Lords. The court said he would have to apply to the police for authorisation to continue the protest.

    Scotland Yard defended the raid, calling it a partial clearance in response to "continual breaches" of the conditions of the permission imposed on the demonstration. A Scotland Yard spokeswoman said: "This action follows a number of requests to the applicant to adhere to the conditions."

    Human rights and anti-war groups criticised the police for heavy-handedness. David Wilson, of the Stop the War Coalition, said Mr Haw was "hardly a radical revolutionary. He is a Christian who has taken it upon himself to remind politicians that occupation and war mean death and destruction to men, women and children."

    Doug Jewell, campaigns co-ordinator for Liberty, said the raid showed the "Government’s intolerance had reached fever pitch".

    Mr Haw is due to appear before Bow Street magistrates at the end of the month to answer charges of breaching conditions to demonstrate in the square.

    Yesterday his 20-strong group of supporters at Parliament Square said they were more resolute than ever to continue their protest. Barbara Tucker, 44, from Reading, said: "We will replace the placards and just carry on."