While the Queensland government moves to fast-track approvals for the delayed Adani coal mine in the Galilee Basin, thermal coal export forecasts continue to show a terminal decline globally in the long term, consistent with the goals of the Paris Agreement.
Aspiring PM Bill Shorten’s promise on April 23 to help boost gas companies’ bottom lines is as much about currying political favor with corporate mates as it is perpetuating the fiction that more gas will reduce energy prices, writes Pip Hinman.
School students are right in carrying out mass civil disobedience to put the urgency of stopping dangerous climate change on the political agenda, writes Pip Hinman.
The inability of the Liberal Party to find candidates for Hunter seats for the March New South Wales state election suggests that even its party faithful recognise that Gladys Berejiklian’s Coalition government is headed for electoral defeat and, probably, a total wipe-out in the Hunter.
As young people threw themselves into the Student Strike 4 Climate Action and made an impassioned plea to preserve life on Earth, one of Australia’s most polluting industries was working behind the scenes to have the federal government hide the truth of its carbon emissions.
Snam Rete Gas, a leading Italian company in the transporting and dispatching of natural gases, announced in 2004 a planned pipeline extending from Massafra (Puglia) to Minerbio (Emilia-Romagna).
Named “The Adriatic Line” (in Italian: “Rete Adriatica”), it aims to export natural gases (methane, in this case) to Northern Europe.
East Timor has taken Australia to the United Nations Conciliation Commission at the Permanent Court of Arbitration in The Hague under the United Nations Convention on the Law of the Sea (UNCLOS).
At issue is a permanent maritime boundary and the exploitation of oil and gas reserves in the Timor Sea — with East Timor accusing Australia of stealing badly needed resources that, by international law, belong to Asia’s poorest nation.
The onshore gas industry in south-east Australia is in trouble. Public opposition, low international oil prices and projected supply shortfalls have combined to cast doubt on the profitability of the industry.
The international finance company Credit Suisse has indicated that the LNG (liquefied natural gas) export facilities at Gladstone in Queensland may fall short of meeting their export contracts in coming years, by up to 30%.
The Invisible Hand of Market
Released April 2014
Russian electronic duo Cycloctimia's fascination for technology and sharemarkets has paid dividends – more than 10 satirical albums so far. Green Left Weekly's Mat Ward spoke to Max K, who describes his role as “keyboards, music, sampling and market rituals”.
Tell us a bit about your childhood in Russia.
Australian activists have written to Prime Minister Tony Abbott calling on him to recognise East Timor's rights under international law to oil and gas resources in the Timor Sea.
The Melbourne-based Timor Sea Justice Campaign is calling on Australia to “enter discussions about the establishment of permanent maritime boundaries in accordance with current international law. In situations such as this, current international law overwhelmingly favors a ‘median line’ solution – a line halfway between the two coastlines.”