Tag Archives: Coal

Final chapter on Adani?

Probably not. There is more than one issue to be finalised before Adani can press ‘go’, and all the time the social licence to mine coal is fading.

Adani’s Carmichael coal mine site in central Queensland’s Galilee Basin, pictured in December last year.

Just before the Federal election was called, on 8 April 2019, environment minister Melissa Price signed off on groundwater approvals under clear and public political pressure from her Queensland colleagues. But the report from CSIRO and Geoscience Australia gave the Adani plans anything but a clean sheet:

BP sees coal demand continuing, even more so oil and gas

The headline is that oil giant BP sees global demand for coal continuing for decades in the face of dynamic growth of renewable energy.

That is what BP thinks will happen on the basis of projecting forward what we are doing to date. However, in what they see as a Rapid Transition Scenario, BP still sees around half of our energy needs in 2040 coming from fossil fuels in the form of gas and oil. Here from the BP Energy Outlook, 2019 in a nutshell is the story:

Continue reading BP sees coal demand continuing, even more so oil and gas

Climate clippings 230

1. NSW Labor pledges state-owned renewable energy company to power three million homes

    A New South Wales Labor government would establish a state-owned renewable energy company to support the rollout of enough renewable energy to power more than three million homes across the state in the next decade.

    On Monday the NSW opposition leader, Michael Daley, announced that if elected on 23 March, Labor would deliver seven gigawatts of extra renewable energy by 2030.

Continue reading Climate clippings 230

Angus Taylor is trying to steal the electricity system

When I logged on Tuesday there was an alert from John Davidson of a lead article at RenewEconomy Coalition energy plan “unworkable”, as Taylor charges into coal. It sent shivers up my spine.

There is PM Scott Morrison, shallow, ignorant and complacent, when first asked about climate change he admitted he’d never really thought about it.

There is Angus Taylor, bull-headed, supremely confident, and just plain wrong.

While Taylor’s “big stick” Treasury Laws Amendment (Prohibiting Energy Market Misconduct) Bill 2018 is the subject of Senate Standing Committee on Economics hearings (see submissions here) he is pressing on with establishing tenders for “24/7” reliable power in what appears to be a mad rush to lock in contracts before the expected “caretaker” period begins in mid April, ahead of the anticipated mid-May poll. Continue reading Angus Taylor is trying to steal the electricity system

Climate clippings 228

1. Unsubsidised wind and solar now cheapest form of bulk energy

That is the case in all major economies except Japan, according to BNEF. From RenewEconomy:

    The latest report says the biggest news comes in the two fastest growing energy markets, China and India, where it notes that “not so long ago coal was king”. Not any more.

    “In India, best-in-class solar and wind plants are now half the cost of new coal plants,” the report says, and this is despite the recent imposition of import tariffs on solar cells and modules. Continue reading Climate clippings 228

Adani will cost jobs

The development of Adani’s Carmichael mine has always been sold as a job-creating venture. In fact it will be a highly automated mine, creating jobs mostly in the cities. A new report has found that the development of Carmichael and the subsequent development of the Galilee basin will cost about 12,500 jobs in existing coal mining regions and replace only two in three workers. Continue reading Adani will cost jobs

Don’t write Adani off

Adani Australia’s chief executive Jeyakumar Janakaraj – known in the industry as “JJ” – has done an opinion piece in the Australian Financial Review saying that their team at Adani has not wavered in their vision to build the Carmichael mine, rail and port project in Central Queensland. They’ve been working on it for seven years, have spent $3.3 billion to date, have 800 people working right now and have put up arguments to answer their critics.

Hear him out and see what you think. Continue reading Don’t write Adani off

Climate clippings 222

1. Warming could soon exceed 1.5°C

The UK Met Office has warned that temperatures could break through the 1.5°C threshold within five years.

    The 1.5C threshold was set at Paris as an ambitious target because scientists fear that a world warmer than that would be susceptible to ever wilder climactic events that in turn would precipitate greater drought, habitat loss, food insecurity and mass migration.

The UN Environment Program in its annual emissions gap report, published last October, said government commitments were only a third of what was needed. Continue reading Climate clippings 222

Adani casts a long shadow over Batman

Bill Shorten probably knows Labor can’t win the byelection in the Melbourne seat Batman while supporting the far-away Adani coal mining project at Carmichael in the Galilee Basin in central Queensland. So he looks set to oppose the mine.

However, Queensland LNP senators Matt Canavan and Ian Macdonald and Capricornia MP Michelle Landry have invited Shorten to come to Townsville to explain his position there, and ultimately that is what he must do. Continue reading Adani casts a long shadow over Batman

Corporate responsibility on climate change cuts in

BHP Billiton has thrown a significant spanner in the works of peak mining bodies lobbying on behalf of fossil fuels to the detriment of climate change. In the 26-page report BHP Industry Association Review downloadable here the company has made three decisions:

First, BHP has reached a preliminary decision to quit the World Coal Association “in light of the identified difference and the narrower activities of benefit to BHP from membership. BHP will invite responses from the WCA before making a final determination as to future membership by 31 March 2018.”

Second, similarly it will make a final determination on membership of the United States Chamber of Commerce on or before 31 March 2018, having identified material differences.

Third, BHP will remain a member of the Minerals Council of Australia, provided that it refrains from policy activity or advocacy that BHP disagrees with within 12 months. Continue reading Corporate responsibility on climate change cuts in

Climate clippings 118

1. South Australia going for broke

Malcolm Turnbull would call it a ‘reckless, irresponsible, ideological frolic’, but South Austria has been running 63% on wind and solar during the last few months, and is going for broke.

Giles Parkinson says SA must, and will, lead world on renewables.

    The Weatherill and Koutsantonis strategy is to embrace new technologies, cheap wind and solar and storage, smart software and smarter management, and put into practice the sort of scenarios envisaged by the CSIRO, Energy Networks Australia and more recently by the storage review commissioned by chief scientist Alan Finkel.

All that can stop Weatherill and Koutsantonis is Nick Xenophon at the next election putting the LNP into office. Continue reading Climate clippings 118