Author: Neville

  • Business groups pushing for Kevin Rudd to make changes to the carbon tax

    Business groups pushing for Kevin Rudd to make changes to the carbon tax

    By business editor Peter Ryan

    Updated 8 hours 58 minutes ago

    A compromise on the carbon tax would help Prime Minister Kevin Rudd limit the damage as he prepares to set a new election date.

    But dumping the fixed price in favour of an emissions trading scheme remains complex.

    Mr Rudd looks poised to put the carbon tax on the table in cabinet on Monday, but it would be very difficult to unwind the scheme.

    The $23 dollar-per-tonne carbon price came into place on July 1 last year, and on Monday it goes up by 2.5 per cent to $24.15 a tonne.

    It will not move to a floating price in line with the European Union until mid-2015, so the Australian carbon price is set to remain inflated for another two years.

    But consumers are being compensated and industry has been adapting to stay within the Clean Energy Future legislation.

    A lot of ground has already moved in line with what was certainty.

     

    The question for Mr Rudd is just how low to go with the carbon price, if he does decide to make a change.

    The recession in Europe has resulted in less industrial output, which that means less pollution.

    European companies have been buying fewer carbon permits, so the price over there has dived to around just $6 a tonne.

    So the suggestion that with the stroke of a pen the carbon price could be switched to be in line with the floating European scheme might sound good for industry and consumers, but it could put a hole in the government’s revenue forecasts – perhaps as much as $15 billion.

    The Coalition says this would blow another black hole in the budget.

    The Australian Industry Group called for a return to an emissions trading scheme earlier this year.

    It saw this as a face-saving middle ground between Julia Gillard’s commitment to the fixed $23 price and Tony Abbott’s calls for an outright dumping of the unpopular tax.

    But there would be major bureaucratic and administrative hurdles in doing this immediately, and there would be very big concerns within the government about whether this would harm its environmental objectives and its relationship with the Greens.

    So now the AI Group is calling for a much lower fixed carbon price in line with Europe.

    That would provide household relief and maybe some electoral relief for Mr Rudd, but not without a high level of confusion and a very hot debate within the government and some of the environmental lobbying groups.

    The AI Group has appealed to Kevin Rudd and says his elevation provides a real opportunity to “reset” the policy agenda.

    But clearly there is a lot of self interest from business in a lower carbon price.

    But overall the business lobby group is testing Kevin Rudd in what could be a very brief honeymoon period.

    And they want the Prime Minister to right what they see as the wrongs of his predecessor, Julia Gillard.

    You can follow Peter Ryan on Twitter @Peter_F_Ryan or on his blog.

    Topics: business-economics-and-finance, emissions-trading, industry, steel, manufacturing, government-and-politics, federal-government, australia, canberra-2600

    First posted 9 hours 34 minutes ago

  • Here’s the real crisis in Australia

    “It’s high time our Pollies started addressing what is right and fair to Australian people. They are busy selling off our comm0dities and Ag/land to overseas interests to the the detriment of our own residents “

     

    Here’s the real crisis in Australia

    Date
    June 28, 2013 – 1:18PM

    William Pesek

    Comment

    'The key for Australia is to return to the liberalising instincts of the 1980s and 1990s, when there was no behemoth gobbling up resources,' Pesek says.‘The key for Australia is to return to the liberalising instincts of the 1980s and 1990s, when there was no behemoth gobbling up resources.’ Photo: Bloomberg

    Australia has been called many things: Oz, the land Down Under, the lucky country. But the equivalent of a collateralised-debt obligation?

    Canberra can’t be happy to hear its AAA-rated economy likened to one of the reviled investment vehicles that blew up amid the 2008 global crisis. Yet the comparison is being made by some economists, who see the asset underlying Australia – demand from China – beginning to evaporate.

    Australia is a microcosm of what awaits the world. How officials respond will offer clues to policy makers everywhere.

    No country is more vulnerable to the much-dreaded slowdown in China than resource-rich Australia. The mining boom that fuelled nearly all of its recent growth is nearing a cliff of economic risk.

    “Australia is a leveraged time bomb waiting to blow,” says Albert Edwards, Societe Generale’s London-based global strategist. “It is not just a CDO, but a CDO squared. All we have in Australia is, at its simplest, a credit bubble built upon a commodity boom dependent for its sustenance on an even greater credit bubble in China.”

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    There’s a bit of hyperbole in this view. But highly-advanced Australia is about to pay the price for growing so addicted to a developing nation. Exporting natural resources led to the neglect and atrophying of other critical sectors.

    It’s created a two-speed economy: Commodities-rich Western Australia and Queensland raced ahead on China’s once insatiable demand for metals, while the rest of the country lagged behind. Now, even as mining giants BHP Billiton and Rio Tinto continue to ramp up production, the price for Western Australia’s iron ore has fallen to $US115 per tonne – a far cry from the $US180 paid by Chinese steel mills when the Australian dollar was touching highs of $US1.10.

    Petty politics

    Now that the easy China-driven growth is drying up, how are officials in Canberra responding? With a maudlin and distracting political soap opera.

    On Wednesday, Labor ousted the unpopular Julia Gillard as prime minister in favour of her predecessor Kevin Rudd. Treasurer Wayne Swan, frenemies with Rudd, quit. The ill-timed game of musical chairs has Australians and outside observers wondering what these last three years were about. Rudd’s comeback probably won’t stop opposition leader Tony Abbott from winning an election scheduled for September.

    Personalities aren’t Australia’s problem; policies are. Whoever is in power needs to focus intensely on increasing investments in infrastructure, education and training. They need to revamp a high-tax system that encourages all too many of the workforce’s best, brightest and most productive people to seek opportunities abroad.

    Officials in Canberra must think creatively about spreading the benefits of the vast wealth being amassed by mining companies. Rudd lost his post three years ago in part because of his proposed “super tax” on their profits; Abbott might well want to revive the idea.

    Australia matters because it’s in the vanguard of nations, rich and poor, who are grappling with how to adjust to a slowing China. As Chinese officials act to restrain runaway credit growth and rebalance the economy away from overinvestment and exports, China’s growth is likely to be closer to 5 percent than 10 percent. This year’s 28 percent tumble in iron ore prices since February is a harbinger of pain to come. So is the 11 percent drop in the Australian dollar this quarter alone.

    The shockwaves caused by even modest attempts by China’s central bank to clamp down on credit show how profoundly this downshift will affect the globe. It will result in slower growth from Japan to Brazil and slam industries like autos, chemicals, heavy manufacturing, energy and steel. If China needs to dump some of its $US1.3 trillion of US Treasuries to bail out state-owned banks, markets everywhere will quake.

    Australia is a microcosm of what awaits the world. How officials respond will offer clues to policy makers everywhere.

    Reform path

    The key for Australia is to return to the liberalising instincts of the 1980s and 1990s, when there was no behemoth gobbling up resources at record prices.

    Opportunities for transitioning back to a non-mining economy abound. Boosting funding for research and development will create high-paying jobs in technology, science and education. Australia boasts great exporting potential in agriculture, medical supplies and high-end machinery.

    But progress in any of these sectors will require a level of political will and forward thinking that’s been lacking for nearly 20 years.

    “Our worry is that tourism, manufacturing and other trade-exposed sectors haven’t been investing for years now, having been brow-beaten by the unrelenting strength of the currency and the diversion of resources into the mining sector,” says Ray Attrill, a currency strategist at National Australia Bank in Sydney. “So it’s not obvious these sectors are in a position to quickly plug the hole from which the hissing sound of a deflating commodity bubble is emanating.”

    There will be a premium on policy flexibility. Nimbleness is everything. That means taking an even bigger step away from the budget surpluses of the last decade and increasing fiscal stimulus. For Reserve Bank governor Glenn Stevens, it means adopting a less-dogmatic attitude toward inflation trends. A Chinese swoon, after all, will be a deflationary event globally.

    Australia should indeed sell all the underground treasures it can to fast-growing developing nations. But in the long run, it’s more important for the country to cultivate what’s above ground. Australia’s future lies in ideas, innovation

    Read more: http://www.smh.com.au/business/markets/heres-the-real-crisis-in-australia-20130628-2p0um.html#ixzz2XVKWS34f

  • Algae Shows Promise as Pollution-Fighter, Fuel-Maker

    Algae Shows Promise as Pollution-Fighter, Fuel-Maker

    June 27, 2013 — A hardy algae species is showing promise in both reducing power plant pollution and making biofuel, based on new research at the University of Delaware.


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    The microscopic algae Heterosigma akashiwo grows rapidly on a gas mixture that has the same carbon dioxide and nitric oxide content as emissions released from a power plant.

    “The algae thrive on the gas,” said Kathryn Coyne, associate professor of marine biosciences in UD’s College of Earth, Ocean, and Environment. “They grow twice as fast and the cells are much larger in size compared to when growing without gas treatment.”

    The algae also make large amounts of carbohydrates, which can be converted into bioethanol to fuel vehicles. The findings could have industrial applications as a cost-effective way to cut greenhouse gas pollution when paired with biofuel production.

    Heterosigma akashiwo is found worldwide in the natural environment. Coyne, an expert in algal blooms, discovered that the species may have a special ability to neutralize nitric oxide — a harmful gas that poses threats to environmental and human health.

    That characteristic prompted Coyne and her team to investigate whether the algae could grow on carbon dioxide without getting killed off by the high nitric oxide content in power plants’ flue gas, which had foiled similar attempts by other scientists using different types of algae.

    A yearlong laboratory experiment shows that Heterosigma akashiwo not only tolerates flue gas, but flourishes in its presence. The algae also do not need any additional nitrogen sources beyond nitric oxide to grow, which could reduce costs for raising algae for biofuel production.

    “This alone could save up to 45 percent of the required energy input to grow algae for biofuels,” Coyne said.

    Funded by the Delaware Sea Grant College Program, Coyne and her collaborator, Jennifer Stewart, plan to further study how changes in conditions can enhance the growth of Heterosigma akashiwo. So far, they found a large increase in carbohydrates when grown on flue gas compared to air. They also see correlations between the levels of light given to the algae and the quantity of carbohydrates and lipids present in the organisms.

    The researchers are exploring opportunities for partnerships with companies to scale up the growth process and more closely examine Heterosigma akashiwo as a biofuel producer.

    The prospects could support a national focus on carbon pollution reduction following President Barack Obama’s major speech this week on climate change.

    “Our approach to the issue is to not just produce biofuels, but to also use this species for bioremediation of industrial flue gas to reduce harmful effects even further,” Coyne said.

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  • River Deep, Mountain High: New Study Reveals Clues to Lifecycle of World’s Iconic Mountains

    River Deep, Mountain High: New Study Reveals Clues to Lifecycle of World’s Iconic Mountains

    June 27, 2013 — Scientists have discovered the reasons behind the lifespan of some of the world’s iconic mountain ranges.


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    The study conducted by the University of Melbourne, Australia, and Aarhus University, Denmark, has revealed that interactions between landslides and erosion, caused by rivers, explains why some mountain ranges exceed their expected lifespan.

    Co-author Professor Mike Sandiford of the School of Earth Sciences at the University of Melbourne said the study had answered the quandary as to why there was fast erosion in active mountain ranges in the Himalayas and slow erosion in others such as the Great Dividing Range in Australia or the Urals in Russia.

    “We have shown that links between landslides and rivers are important in maintaining erosion in active or ancient mountain ranges,” he said.

    “This study is a great insight into the origins and topography of our globe’s mountainous landscape.”

    Mountain ranges are expected to erode away in the absence of tectonic activity but several ranges, such as the Appalachians in the US and the Urals in Russia, have been preserved over several hundred million years.

    Co-author, Professor David Egholm from Aarhus University said the new model study published in Nature today provided a plausible mechanism for the preservation of tectonically inactive mountain ranges.

    “Computational simulations performed for the study revealed that variations in mountain erosion may relate to a coupling between river incision and landslides,” he said.

    Researchers said rivers can cut through bedrock and this process is thought to be the major factor in controlling mountain erosion, however, the long-term preservation of some mountains is at odds with some of the underlying assumptions regarding river erosion rates in current models of river-based landscape evolution.

    The study revealed landslides affected river erosion rates in two ways. Large landslides overwhelm river transport capacity and can protect the riverbed from further erosion; conversely, landslides also deliver abrasive agents to the streams, thereby accelerating erosion.

    Feedback between these processes can help to stabilize the rates of erosion and increase the lifespan of mountains, the authors said.

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  • Argentavis Magnificens — Largest Flying Bird Ever, Giant Teratorn Facts, Extinction, Wingspan, Etc

    Argentavis Magnificens — Largest Flying Bird Ever, Giant Teratorn Facts, Extinction, Wingspan, Etc

    Posted on June 28, 2013 by
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    The Giant Teratorn — Argentavis magnificens — was an absolutely enormous species of flying bird which lived in Argentina during the late Miocene, about six million years ago. As of now, it’s the largest species of flying bird ever discovered. It’s worth noting that the species could very well have had a much larger range than is currently known. It’s also worth mentioning that a very closely related species — also gigantic — lived until very recently along the west coast of North America, and no doubt had interactions with the people that lived there at the time…

    Reconstruction of Argentavis magnificens Image Credit: Commons

    Reconstruction of Argentavis magnificens
    Image Credit: Commons

    Argentavis magnificens possessed a wingspan probably somewhere between 23-30 feet, that’s about 2-3 times longer than that of the living bird with the largest wingspan –the Wandering Albatross. As far as morphology goes, it’s thought that its closest living relative is probably the Andean Condor — so just try to imagine an enormous condor and you wouldn’t be that far off.

    It’s known that the Giant Teratorns possessed very stout, strong legs, with large feet — as a result they were likely good walkers. Their bill was also relatively large, with a hooked tip and a wide gape.

    The current estimates on Argentavis magnificens size are:
    Wingspan: approximately 23 feet
    Wing area: 87.3 ft²
    Wing loading: 84.6 N/m²
    Body Length: 4.1 feet
    Height: 5.6–6.6 feet
    Mass: 154–171.6 lbs

    As of now there isn’t really much known about the animal’s behavior, just speculation. Based on the size and structure of the wings it seems very likely that A. magnificens flew primarily by soaring — only rarely relying on flapping flight, and only for short bursts. It seems likely as well that the species also used thermal currents for travel.

    Wikipedia provides specifics:

    It has been estimated that the minimal velocity for the wing of A. magnificens is about 25 mph. Especially for takeoff, it would have depended on the wind, as although its legs were strong enough to provide it with a running or jumping start, the wings were simply too long to flap effectively until the bird was some meters off the ground. However, skeletal evidence suggests that its breast muscles were not powerful enough for wing flapping for extended periods. Argentavis may have used mountain slopes and headwinds to take off, and probably could manage to do so from even gently sloping terrain with little effort. It may have flown and lived much like the modern Andean condor, scanning large areas of land from aloft for carrion. The climate of the Andean foothills in Argentina during the late Miocene was warmer and drier than today, which would have further aided the bird in staying aloft atop thermal updrafts.

    This species seems less aerodynamically suited for predation than its relatives. It probably preferred to scavenge for carrion, and it is possible that it habitually chased metatherian carnivores such as Thylacosmilidae from their kills. Unlike extant condors and vultures, the other species of teratorns generally had long, eagle-like beaks and are believed to have been active predators, being less ponderous than Argentavis. When hunting actively, A. magnificens would probably have swooped from high above onto their prey, which they usually would have been able to grab, kill, and swallow without landing. Skull structure suggests that it ate most of its prey whole rather than tearing off pieces of flesh. Argentavis’ territories measured probably more than 500 square km, which the birds screened for food, possibly utilizing a generally north-south direction to avoid being slowed by adverse winds.

    Based on the knowledge that we have of related species, it’s very likely that the birds laid only 1-2 every 2 or so years. As a result of the massive size, and the apparently very long lifespans, the best guess is that the young didn’t reach maturity until around age 12 or so. “Mortality must have been very low; to maintain a viable population less than about 2% of birds may have died each year. Of course, Argentavis suffered hardly any predation, and mortality was mainly from old age, accidents and disease.”

    When all the factors and evidence are taken together it seems likely that the average and maximum age reached by the species was relatively high – probably somewhere between 50-100 years. As a comparison — ostriches live about 50-70 years, and parrots somewhere around 80-120 years.

    Image Credit: Condors via Flickr CC

    Image Credit: Condors via Flickr CC

    The previously mentioned species which coexisted with humans — Aiolornis incredibilis — was not quite as large as Argentavis magnificens but was still a giant. Possessing a wingspan of somewhere around 16 feet, it’s the largest known flight-capable bird to have ever lived in North America. The species is also noted for possessing a “huge, deep, powerful bill,” and likely also a more predatory nature than Argentavis magnificens.

    A. incredibilis is presumed to have became extinct about 10,000 years ago — right about the same time that most of North America’s giant megafauna animals did. Fossils of the species have been found “from the Early Pliocene to the Late Pleistocene in various locales in the southwestern and western-central part of the USA; it is not certain that all belong to the same species given the large time range and the lack of complete specimens.”

    It’s worth noting that the modern scientific description of the animal is somewhat similar to the description of a creature/character mentioned in many American Indian stories — the Thunderbird.

    Read more at http://planetsave.com/2013/06/28/argentavis-magnificens-largest-flying-bird-ever-giant-teratorn-facts-extinction-wingspan-etc/#UfvtDCZURr5YbR86.99

  • Petition delivered to Hon Tony Burke on day the Water Trigger Bill was passed

    Petition delivered to Hon Tony Burke on day the Water Trigger Bill was passed

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    groundswell gloucester <mail@change.org>
    9:52 AM (27 minutes ago)

    to me

    Last week the issues facing Gloucester, NSW and Queensland and the Lock The Gate 8 point plan re landholders rights etc were presented to federal Parliament by teams working with Lock The Gate. A sit in protest blocking the entrance to Parliament House was also successful in raising the issues across Australia. The Groundswell Gloucester petition was presented to Hon Tony Burke. Thank you for your support for the perfect storm facing Gloucester. We may be facing blockades in the future. If you wish to support our fight check out BGSPA website and Groundswell Gloucester website. Thank you. Your messages mean a lot to us all. Julie Lyford (photo of petition presentation on news feed)

    This message was sent by groundswell gloucester using the Change.org system. You received this email because you signed a petition started by groundswell gloucester on Change.org: ” Protect Gloucester Valley from Coal Seam Gas and Coal mining expansion ..” Change.org does not endorse contents of this message.

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