Coal

How much is QR National worth? With the sell-off of the massive freight and rail infrastructure part of Queensland Rail launched on October 10, will the “investment community” here and overseas gobble up at least 1.46 billion of the 2.44 billion shares on offer at between $2.50 and $3? If it does, the float will be worth between $6.1 billion and $7.32 billion for Queensland’s coffers (including at least $1.525 billion in QR National shares) and QR National’s managers, like those of Goldman Sachs and Merrill Lynch, will have “earned” $65 million in fees.

The following statement was adopted by the Trade Union Climate Change Conference held in Melbourne on October 9. * * * This conference of Victorian union activists and local climate activists commends the report by Beyond Zero Emissions and Melbourne University’s Energy Research Centre. The report outlines a technically feasible and economically viable way for Australia to transition to 100% renewable energy within 10 years.

The seat of Brunswick is arguably the most hotly contested seat in the November 27 Victorian parliamentary elections. Based on results at the recent federal election, the new Labor candidate, Jane Garrett, is tipped to beat Greens candidate Cyndi Dawes by only 0.6% of the vote. Learning from the criticism of Labor’s negative federal election campaign, Garrett has adopted the slogan “equality, social justice and tackling climate change” in a bid to win back voters from progressive parties.

In a win for community campaigners and the environment, BHP Billiton has dropped plans for a massive long-wall mine under the pristine Dharawal State Conservation Area (DSCA) on the NSW south coast. The decision came on October 26 after a review by the NSW Planning Assessment Commission that said society would be better off without the mine. Importantly, the review backed up the argument made by community groups that “remediation”, where the company would take responsibility for cleaning up the site, is a myth in these circumstances.

Despite all the rhetoric on climate change, both the NSW and federal governments consider it acceptable to allow seismic testing and drilling to explore for gas and potentially oil off Australia's east coast. Despite the potential to develop entire new industries in clean, renewable energy, governments will not or cannot break their addiction to fossil fuels. They have literally placed the entire offshore Sydney Basin on the market for fossil fuel extraction; an area of 6000km², extending from Wollongong to Port Stephens.

About 40 people attended the launch of a No New Coal campaign by Safe Climate Perth on October 10. The launch took place as part of the 350.org “global work party” — an international day of action involving more than 7000 events around the world. As part of the campaign, activists aim to get 10,000 signatures in 10 weeks on a petition opposing new coal developments in Western Australian.

Australia’s big banks would like you to think they care about climate change and the environment. But don’t believe them. A new report by Greenpeace Australia has revealed the “big four” — Westpac, ANZ, Commonwealth and NAB — are investing billions of dollars in Australia’s dirty coal boom. Burning coal for energy is Australia’s single biggest contributor to climate change, making more than a third of the country’s greenhouse gas pollution. Australia is also the world’s biggest coal exporter — and the export trade is growing fast.

The “Switch off Hazelwood, Switch on Renewable Energy” protest targeted Australia’s dirtiest coal-fired power station, in Victoria’s Latrobe Valley, on October 10. It was successful but muted in contrast to its predecessor in 2009. The mood was no less festive, but this year, there was no climate camp, no mass actions and no arrests.

Gippsland unions and community organisations took part in the fourth in a series of “transition jobs seminars”. The seminar took place on October 13 under the auspices of the Gippsland Trades and Labour Council (GTLC) and the Royal Melbourne Institute of Technology (RMIT). It dealt with the region’s current skills base in brown-coal mining, dairy and other industries, and the sort of training needed to skill workers for environmentally sustainable production.

It’s close to an article of faith among environmentalists that using less energy is a big part of the solution to climate change. Energy efficiency is often said to be the “low hanging fruit” of climate policy. On face value, the benefits seem obvious. The knowledge needed to make big gains in efficiency already exists. Using less energy will save consumers and industry money, whereas other policies will be costly. And most importantly, lower energy use could make a big dent in global greenhouse gas emissions.

In “The Return of Dr Strangelove”, a September 6 lecture hosted by Melbourne University and Beyond Zero Emissions (BZE), Clive Hamilton, author of Affluenza, Scorcher and Requiem for a Species gave a short history of the research and investment in geo-engineering solutions to global warming. A move from fossil fuels to renewable energy is the logical “Plan A” response to human-caused climate change, but such a response would threaten corporate profits.

On September 26, protesters from climate change activist group Rising Tide shut down the world’s largest coal port at Newcastle. Green Left Weekly’s Zane Alcorn interviewed Rising Tide member Annika Dean. * * * What happened at the protest?