Author: admin

  • Coalition can’t answer Green questions

    Aqua-ammonia solvents failure report quashed? "Why does the government continue to this day to suppress a report that demonstrates that the government’s much hoped for breakthrough with aqua-ammonia solvents in post carbon capture has been a complete failure? Will the government now produce a comprehensive list of research tasks and reports from that CRC so that the public can see what else the government is trying to hide about the promise of renewable energy and the problems with carbon capture and storage? Will you now release that list and the rest of the modelling?"

    Renewable Energy Development Initiative grants: Minchin said: "There were lots of questions there and I will have a look at the Hansard and see what information I can supply to Senator Milne, particularly with respect to the CRC. For the record, I remind Senator Milne that a company, Solar Heat and Power—as she is pursuing the issue of solar thermal technology—was successful in gaining a Renewable Energy Development Initiative grant of $3,254,028 in December 2005. To date, the government has paid 64 per cent of that grant. The company stated will retain the intellectual property developed so far and continue with Australian management.

    "We are supporting alternative sources of energy": We are supporting that, but it is not at the proven stage. We are supporting alternative sources of energy, but the clear facts which for ideological reasons the Greens are incapable of recognising are that, for Australia to retain high living standards and jobs, the two main sources of zero emission technology available to produce baseload power are clean coal and nuclear, and it is about time they woke up".

    Reference: Commonwealth of Australia, Senate, Hansard Proof, 27 February 2007, p. 20-21.
    This document is available on http://www.aph.gov.au/hansard/senate/dailys/ds270207.pdf

    Erisk Net, 1/3/2007

     

  • Funny business about nuclear company

    Source:The Australian Financial Review, John Breusch and Mark Phillips (28/2/2007, p.5).28/2/2007, p.5

    Source: ABC News Online 

    Source: Erisk Net 

  • Oil insurance firm: how to manage climate change

    This is the first global risk advisory conference of the world’s national oil companies (NOCs). These state-owned enterprises manage roughly 80 per cent of the world’s oil supply and are rapidly growing in their importance to the global energy scene. 

    Held under the patronage of Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai, the Marsh National Oil Company Conference featured speakers from Saudi Aramco, Petrobras, Statoil ASA, Nigerian National Petroleum Corporation and other organisations.

    Reference: Marsh is a unit of Marsh & McLennan Companies (MMC), a global professional services firm with approximately 55,000 employees and approximately $12 billion of annual revenues. MMC also is the parent company of Guy Carpenter, Kroll, Putnam Investments, and Mercer. MMC’s stock (ticker symbol: MMC) is listed on the New York, Chicago, and London stock exchanges. MMC’s Web Site is http://www.mmc.com Marsh’s website address is http://www.marsh.com Contact: Mike Kachel, ph: 1-917-667-4048, email: Mike.Kachel@marsh.com; Jason Groves, ph: 44-020-7357-1455, email: Jason.Groves@marsh.com; Al Modugno, ph: 1-212-345-2448, email: Alfred.J.Modugno@marsh.com
    This document is available at
    www.marsh.com/MarshPortal/PortalMain?PID=AppShowNewsByName&t=1172731814822&8=News&6=NewsPRNOCRisks%202-27-07&4=AppShowNewsByName&2=PressRelease&1=News

    Erisk Net, 1/3/2007

  • Heat melts weather bureau records

    Western Australia has started the autumn season with searing temperatures that have broken several weather bureau records.

    Carnarvon experienced its hottest day on record yesterday at 47.8 degrees, which also equalled the Australian record for the hottest day in March. Geraldton broke its record for the hottest March day yesterday with 45.2 degrees and Perth equalled its second hottest March day with 42 degrees.

    Farmers are being alerted to check livestock water supplies as the mid-west swelters in its third consecutive day above 40 degrees Celsius.

  • Nicholas Stern urges Howard to embrace Kyoto

    Long-term vision is the key: The new global carbon market – which Sir Nicholas believed had “made a good start” – needed an immediate signal from governments that there would be further cuts to carbon emissions after the first Kyoto period expired in 2012. “A lot of the working of carbon markets depends on long-term investments.” Deciding to build a cleaner power station, for example, required a long-term vision.

    Taxation and regulation are critical: But while the market was important for drawing private finance into clean power investments, it was not the only way to drive change. Also critical were taxation and government regulation. Many countries taxed gasoline to reduce its use, for example.

    The market is important but is not the only way to drive change for clean power investments, such as  taxation and government regulation, reported The Age (18/11/2006, p. 7).

    The Age, 18/11/2006, p. 7

    Source: Erisk Net