Adani – a mirage that will dissolve into mist?

The Adani board has given the nod to the $16.5 billion Carmichael projects which would generate 10,000 direct and indirect jobs, with pre-construction works starting in the September quarter of 2017.

Yet there are some cautionary voices:

Continue reading Adani – a mirage that will dissolve into mist?

Looking forward to Finkel

The Finkel review of the National Electricity Market is due to be revealed to the premiers at COAG tomorrow, but is you’ve been reading the Australian Financial Review it’s all done and dusted. There’s really only one horse in the race, and it’s the Low Emissions Target (LET), which Tony Wood of the Grattan Institute says is the third last horse in the race, but picked because it’s better than the other two. That may be harsh, but the visionary scheme was first proposed by John Howard in 2007. Here’s Howard and Costello launching the scheme way back then:

It’s the least-worst, least-best carbon pricing scheme, but has the attraction of giving coal a chance of sticking around for a while. Continue reading Looking forward to Finkel

Are the Chinese doing their share on climate change?

Donald Trump in announcing that the USA will withdraw from the Paris Climate Agreement made a big fuss about the Chinese being able to increase their emissions, and that this was unfair to the US economy.

So what are the Chinese doing, and is it enough? Continue reading Are the Chinese doing their share on climate change?

Saturday salon 3/6 (late edition)

1. Leadership traits

The major polls currently have Labor ahead 53-47 at both Newspoll and Essential Report on a Two-Party Preferred basis. Andrew Beaumont has commentary. Labor would have 82 seats to the LNP’s 63, with 5 Other.

Essentially Turnbull and the LNP are going nowhere. However, the leaders approval ratings are dreadful. In Essential Turnbull is net -11 and Shorten -14. In Newspoll Turnbull is -19, and Shorten -20, both up a bit, with Turnbull’s the best since September 2015.

Newspoll took a look at Leadership traits across the years since Rudd in September 2008 and Gillard in July-August 2010. Their ratings are simply stellar compared to what we think of our leaders now. Continue reading Saturday salon 3/6 (late edition)

Trump shoots himself in the foot on climate

Trump has announced that the US will withdraw from the Paris climate agreement and seek to negotiate a ‘better’ agreement. I liked Emmanuel Macron’s reaction – “Lets make the planet great again”. Germany, France and Italy have committed to carry on, China will relish the opportunity to move into the vacuum.

Paul Hawken, who knows more about climate change action than most (post coming up) recently said:

    First of all, let’s be honest: The US has never led in this area. Ever. When they’ve tried on an executive level, they’ve never been supported by Congress. States have led, cities have led, but never the federal government.

Even so, he said people in the US think they lead in “this stuff”. They don’t, it’s Germany, China, France and Denmark. Continue reading Trump shoots himself in the foot on climate