Australian news, and some related international items

Julia Gillard to reveal Australia’s carbon pricing package on July 10

Australia to unveil carbon price scheme on July 10, 04 Jul 2011,Source: Reuters 

* Australian PM Gillard to unveil carbon package on July 10

* Scheme tipped to have a A$20 a tonne carbon price

* Carbon trading set for 2015, first scheme outside Europe, New Zealand

By Rob Taylor, CANBERRA, – Australia’s minority Labor government will unveil plans for the biggest national emissions trading scheme outside Europe on Sunday, with Prime Minister Julia Gillard staking her future on a carbon price already worrying voters and business.

Gillard said on Monday her cabinet, and a committee of government, Greens and independent lawmakers who have been working on the scheme, would finalise remaining details of the carbon tax later this week.

Concerns the plans to tackle climate change will push up prices have been hurting the minority government’s popularity, but Gillard said she was determined to push ahead with the plan, which is a make or break issue for her government.

The government is aiming to bring legislation for the scheme into the lower House of Representatives in August, with a vote in the Senate expected around October or November. (Additional reporting by James Grubel; Editing by Ed Davies and Yoko Nishikawa)

“A carbon price is an important reform that will create incentives to lower Australia’s carbon pollution at the lowest cost to the economy,” Gillard said in a statement, adding she would introduce the laws to parliament later this year…..

July 5, 2011 Posted by | AUSTRALIA - NATIONAL, climate change - global warming | | Leave a comment

Australia’s radioactive waste water problem at Ranger uranium mine

the company is not planning to start processing its radioactive waste water for two more wet seasons.

Mr Mudd says a higher dam wall will mean the company will have even more radioactive water to process.

“In that sense it is still the temporary, sort of step-by-step measures,”

Ranger uranium waste water treatment plan attacked, ABC News, By Jane Bardon, 5 July 11   An environmental engineer says Energy Resources of Australia (ERA) should not have reopened its uranium mine within Kakadu National Park last month without committing to a waste water treatment plan. Continue reading

July 5, 2011 Posted by | Northern Territory, uranium, water | | Leave a comment

Australians investing in solar power, but choosing Europe

Euro solar attracting Australian investment,  By Elise Burgess, Financial Standard, July 2011
Australian investors are investing in European renewable energy markets instead of domestic due to lack of stability and uncertainty at home, according to private equity firm Polaris Energy. The Luxembourg-based company said that Australian investors were highly interested in renewable investments, but were put off by uncertainty in the Australian market so instead opted for Europe where renewable energy is more advanced. Continue reading

July 5, 2011 Posted by | AUSTRALIA - NATIONAL, business | Leave a comment