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Kimberley News |
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Kimberley News |
Research commissioned by Greenpeace has revealed more than $9 billion of "economically perverse," State and Federal Government subsidies annually that encourage fossil fuel use.
(Full Article)The oil price in May 2008 was already higher than the quoted oil price projections for 2050. Cost benefits for the the Greenpeace Energy [R]evolution policy scenario plan scenario will therefore be even higher. fossil fuel price projections, argued its authors.
(Full Article)As the supply of natural gas was limited by the availability of pipeline infrastructure, there was no world market price for natural gas, though a global spot market for liquefied natural gas (LNG) was beginning to emerge.
(Full Article)All technologies and participants in an emissions trading scheme should be treated equally.There should be no free allocations of carbon credits or grandfathering within the system and 100 per cent of permits should be auctioned from the outset of the scheme.
(Full Article)The most widely available and quoted figures, those from the industry journals Oil & Gas Journal and World Oil, had limited value as they report the reserve figures provided by companies and governments without analysis or verification.
(Full Article)Information about gas resources suffers from the same bad practices as oil data because gas mostly comes from the same geological formations, and the same stakeholders are involved.
(Full Article)Australian Emission Trading Units (AETUs or AEUs) traded twice last Friday, initially at $19.75 then $20.00 both in lots of 10K.
(Full Article)There were only small trades on Tuesday and Thursday at 52.70. Looking at the forwards, the curve held steady out to 2012. “we envisage the market place for RECS will hold the current trading range, which is between $51.50 $53.00 in terms of the spot contract”
(Full Article)Before the policy was confirmed Australian Emission Trading units (AEUs) joined the NGES environmental table with the news of the fifth trade reported during the week.
(Full Article)The Australian Carbon Pollution Reduction Scheme Green Paper said Emissions in Australia from combustion of LNG could be covered by applying scheme obligations upstream for export and downstream for domestic regasification of LNG.
(Full Article)The Carbon Pollution Reduction Scheme Green Paper said small users account for almost 40 per cent of the emissions from combustion of natural gas. The natural gas supply network was significantly different from the liquid fuels supply network. The Governments preferred position was 'To ensure comprehensive emissions coverage, scheme obligations could be applied to gas producers for gas supplied directly to end users whose gas emissions were below 25 kt CO2-e/year (rather than gas retailers).".
(Full Article)An emissions trading scheme will change relative prices. The emissions trading scheme will increase the cost of activities that cause greenhouse gas emissions. Relative prices of goods and services across the economy will change with the introduction of a price for permits: emissions-intensive goods will become relatively more expensive."This provides the right incentives for consumers and businesses to adjust their behaviour, resulting in a reduction of emissions" argued the 16 July 2008, Austraian Carbon Pollution Reduction Scheme Green Paper.
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