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  • The economic impact of high oil prices

    News 3 new results for PEAK-OIL
    Peak Oil Off: Great Game On
    Forbes
    Nobody wants to lose: Peak oil is dead, the Great Game is back. What’s particularly interesting about East Africa finds in Kenya, Tanzania, Mozambique, Madagascar, Ethiopia and more established fields in Uganda and Sudan, isn’t just the size of the
    See all stories on this topic »
    Peak oil goes mainstream (again)
    FT Alphaville (blog)
    We’re not talking about head-for-the-hills type “peak oil”, however. From Friday’s Buttonwood column: The concept of peak oil—the idea that global crude production may be at, or close to, its limit—is far from universally accepted.
    See all stories on this topic »
    The economic impact of high oil prices
    The Economist
    The concept of peak oil—the idea that global crude production may be at, or close to, its limit—is far from universally accepted. One leading asset manager talked recently of the world being “awash with energy” because of the exploitation of American
    See all stories on this topic »

    The Economist

     


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  • New monitoring system clarifies murky atmospheric questions

    ScienceDaily: Earth Science News


    New monitoring system clarifies murky atmospheric questions

    Posted: 19 Apr 2012 01:35 PM PDT

    Scientists have developed a new monitoring system to analyze and compare emissions from human-made fossil fuels and trace gases in the atmosphere, a technique that likely could be used to monitor the effectiveness of measures regulating greenhouse gases.
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  • Deep-sea oil wells: Surface coatings could inhibit buildup of methane hydrates that can block deep-sea oil and gas wells

    ScienceDaily: Oceanography News


    Deep-sea oil wells: Surface coatings could inhibit buildup of methane hydrates that can block deep-sea oil and gas wells

    Posted: 11 Apr 2012 10:22 AM PDT

    During the massive oil spill from the ruptured Deepwater Horizon well in 2010, it seemed at first like there might be a quick fix: a containment dome lowered onto the broken pipe to capture the flow so it could be pumped to the surface and disposed of properly. But that attempt quickly failed, because the dome almost instantly became clogged with frozen methane hydrate. Now a newly developed surface coatings could inhibit buildup of methane hydrates that can block deep-sea oil and gas wells.
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  • Weird Science: Rubber Chicken Flies into Solar Storm

    Weird Science: Rubber Chicken Flies into Solar Storm

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    NASA Science News noreply@nasascience.org
    12:43 PM (1 hour ago)

    to NASA
    NASA Science News for April 19, 2012

    In a unusual twist on space science, students in California have launched a rubber chicken to the edge of space to study a solar storm.

    FULL STORY: http://science.nasa.gov/science-news/science-at-nasa/2012/19apr_camilla/

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  • Tony Abbott promises to repeal the carbon tax

    To call a Double Dissolution within 6 months would be impossible. See earlier posting from Antony Green on Double Dissolutions. It would take 2 to 3 years before a DD could be called. Meanwhile the Carbon Tax would be well and truly established.

    Tony Abbott promises to repeal the carbon tax

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    Abbott Carbon

    Tony Abbott has promised to repeal the carbon tax within months if elected. Picture: Kym Smith Source: The Australian

    OPPOSITION Leader Tony Abbott has promised to repeal the carbon tax within six months if he wins the next election, shrugging off concerns about support in the senate saying he would call another election if necessary.

    In Brisbane, Mr Abbott today said he did not expect the Greens to support repealing the tax but he found it hard to believe Labor would ignore the will of the people at a poll that he said would be a referendum on the policy.

    “Because the electorate would double-punish the Labor Party for wilful obstruction, I expect that the repeal arrangements would be in place within six months,” Mr Abbot said.

    The government’s carbon tax begins on July 1 this year and there have been claims Mr Abbott will struggle to wind back the scheme, particularly loans relating to the scheme’s $10 billion clean energy finance corporation.

    But Mr Abbott today said it would be as simple as putting in a place of legislation to repeal the current laws.

    “I don’t expect the Greens to support repealing the carbon tax,” he said.

    “On the other hand, it’s hard to imagine the Labor Party, beaten in an election that’s a referendum on the carbon tax, committing suicide twice by resisting the new government’s mandate.

    “If they do, there is a constitutional procedure designed for just this eventuality. It’s called a double dissolution. I would not hesitate to seek a second mandate to repeal this toxic tax. Indeed, it would be my duty to do so.”

  • Warragamba dam spills over while Desal plant continutes to operate

    Minor flood warning as Sydney dam spills

    Updated April 20, 2012 08:19:52

    The weather bureau has issued a flood warning for the Nepean-Hawkesbury Valley in Sydney’s north west, with the news that Warragamba Dam has started spilling over again.

    Water began spilling over the dam’s drum gates last night.

    When combined with water from the Upper Nepean, it is expected to result in a minor flood peak at North Richmond bridge later tonight.

    The Sydney Catchment Authority’s Ian Tanner says Warragamba’s drum gates will open to allow out more water sometime this morning.

    “It’s the central gate, there are two gates on either side, so there’s five gates all together,” he said.

    “It will let out a certain amount of water, if it can’t let out enough then the other four gates will open up.

    “We’re not expecting those four gates to open up because there’s not a lot of water coming into the dam at the moment.”

    Heavy rain again this week has caused flash flooding in Sydney and prompted hundreds of calls to the SES.

    The Greens say that, despite the heavy rain, Sydney’s desalination plant is still producing 14 million litres of water a day.

    Greens MP John Kaye says money is being wasted.

    “One month of desalination operation is about 1.1 million dollars at current rates,” he said.
    “That is 1.1 million dollars worth of water that will flow straight over the spillway and out into the Pacific Ocean.

    “It’s householders’ money that is being completely squandered.”

    The Warragamba Dam spilled last month, for the first time in 14 years.

    Topics:floods, richmond-2753

    First posted April 20, 2012 07:43:14