18 August 2015, The Guardian, Abbott government war on green ‘saboteurs’ is Laurel and Hardy slapstick. The Coalition’s ‘war on environmental vigilantes and saboteurs’ isn’t consistent: it’s waged against anti-coal activists but in support of anti-windfarm activists. Even for the Abbott government the inconsistencies in the latest “war on environmental vigilantes and saboteurs” are astonishing. And the slapstick nature of its attempt to use the issue as a political wedge is up there with Laurel and Hardy. When an environment group successfully uses 16 year-old national environmental laws to delay a project, the Abbott government tries to change the law to prevent them from ever doing it again. But if an anti-windfarm group can’t find a way to use existing laws and regulations to stop or delay a project, the Abbott government tries to change laws and processes to make it easier for them to succeed. The first is called green “vigilantism” and “sabotage” and the second is, according to environment minister Greg Hunt, a reasonable response because “many people have a sense of deep anxiety, and they have a right to complain.” The government calls regulations that stop fossil fuel or mining projects “green tape”, but a wind commissioner and yet another scientific committee to look at unsubstantiated health complaints regarding wind turbines is apparently no kind of “tape” at all. Read More here
Tag Archives: coal
18 August 2015, The Conversation, The government vs the environment: lawfare in Australia. A key feature of authoritarianism is that the government is above the law – it is not accountable to the people for its actions. In contrast, under a democratic system, the rule of law means that the government is constrained by law and can be held accountable by the people. This is particularly pertinent to the move by Attorney-General George Brandis to restrict green groups from challenging major developments under federal law, a direct response from this month’s successful appealagainst the approval of the controversial Carmichael coal mine, being developed by the Adani Group, on environmental grounds.Brandis plans to repeal section 487(2) of the Environmental Protection and Biodiversity Act and “return (it) to the common law”. His actions follow comments by Prime Minister Tony Abbott and Trade Minister Andrew Robb. Read More here
11 August 2015, Renew Economy, Solar undercuts coal in India, as another bank quits Adani mega-mine. Another week, another couple of nails hammered into the coffin for the Australian coal mining and export plans of Indian conglomerate, Adani Group. The first came with the news on Monday night that Standard Chartered – one of the largest investment banks in the UK – has become the latest international financier to withdraw its support for the development of one of the largest new coal mines in the Southern Hemisphere, in Queensland’s Galilee Basin. In a statement released on Monday, Standard Chartered said both parties – the bank and Adani – had agreed to end the bank’s role in the Carmichael coal mine after an ongoing review of its feasibility and delays experienced by Adani in getting project approvals. Read More here
7 August 2015, Renew Economy, Coal industry assets are the penny dreadfuls of new economy. They used to be known as penny dreadfuls – the highly speculative stocks that became the playthings of the mining boom of the 1960s and 1970s and what followed. And judging by the moniker accorded them, they were mostly bad outcomes. The currency units might have changed, but it seems that the moniker still applies – not just to speculative mining stocks with tall tales of mythical or unobtainable ore bodies, but to the thermal coal industry, with equally tall tales of a long-term market for its commodity. And it seems that one dollar, a greenback, or even just one euro can go an awfully long way in the coal industry these days. In Australia, it can buy you a mine that just three years ago was valued at $860 million. Brazilian miner Vale and Japan’s Sumitomo Corp have just sold the Isaac Plains coking-coal mine in Queensland to Stanmore Coal for a single dollar. Sumitomo bought a half stake for $A430 million in 2012. In Germany, one euro can buy you a share in a brand new, never used, 1.6GW coal-fired generator in Hamm. RWE has offered to pay €1 to the 23 municipalities for their share of the $4 billion facility that not only faces major technical issues, but it is also effectively redundant and not needed in a country now more dependent on renewable energy.
Still, the Abbott government doesn’t get it. Environment minister Greg Hunt has launched an extraordinary attack on the environmental groups that have fought the Carmichael mine. Abbott himself told The Australian on Friday that environmental groups were “sabotaging” the coal industry through protests and court action. Which might explain why the Abbott government is keen to support the mining lobby, which has forced a parliamentary inquiry into whether environmental NGO’s should be allowed to receive tax deductible donations. “As a country we must, in principle, favour projects like this (Carmichael),” the Prime Minister told The Australian. “This is a vitally important project for the economic development of Queensland and it’s absolutely critical for the human welfare literally of tens of millions of people in India.” Not so much a triumph of hope over reality, but a stunning disregard for environmental impacts and market forces. If Abbott were to put money into Carmichael – as his government has signalled it might, via its northern infrastructure development fund – it would be an act of absolute recklessness, and make even the proverbial lift boy look like an investment genius. Read More here