Value of coal generators is falling as demand falls, renewables rise
Shift from base-load slashes value of state coal generators REneweconomy By Giles Parkinson 23 May 2013 It seems certain that the NSW and Queensland governments will have to take significant write-downs on the value of the fleet of coal-fired power generators, and the assets may not be able to be sold because of the radical reshaping of the Australian electricity market.
The NSW government is seeking buyers for its coal-fired generators, and a price of $3 billion, and the Queensland government is mulling over recommendations that they should do the same. Any sale of those assets would likely be held in 2015/16.
But are they worth anything? Industry insiders say there are unlikely to be any buyers at the price the governments are expecting- because black coal-fired generation is becoming increasingly sidelined by the unanticipated fall in demand, the impact of renewables such as rooftop solar and wind farms, and the effects of the carbon price. Many of the black coal-fired generators are operating at barely more than half their capacity, as the concept of baseload generation gradually recedes….. http://reneweconomy.com.au/2013/shift-from-base-load-slashes-value-of-state-coal-generators-92669
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1.This month.
Zoom webinar – “Nuclear Winter: The Environmental Consequences of a Nuclear Exchange.”
April 7th at 11:30 am PST / 2:30 pm EST
Nuclear Winter: The Environmental Consequences of a Nuclear Exchange”
Join us for an informative webinar with renowned atmospheric scientist, Professor Brian Toon, as he discusses the environmental risks and global impacts of a nuclear war. Despite the potential damage caused by the blast from even small nuclear weapons, many countries continue to invest in and expand nuclear arsenals. Professor Toon will provide a scientific assessment of civilian fatalities, agricultural failures, climate concerns, and complications with food supply that would follow any international nuclear conflict. We need to plan how to prevent nuclear conflict and avoid catastrophe. Politicians and military planners must be made aware of global climate and agricultural complications that would ensue. Don’t miss this opportunity to learn from, and engage in, this vital conversation
The Road to War brings a sharp focus to why it is not in Australia’s best interest to be dragged into a war with China which will almost inevitably go nuclear very quickly. The filmmaker has interviewed some of Australia’s senior foreign policy analysts who have vast experience behind them in analysing what really is going on here as the United States rattles its sabres with China. And sets us up to be its proxy, like the poor Ukranians have been fed into the Meatgrinder. So America can remain the Top Dog. The Road to War reveals how the United States through its spy base at Pine Gap and by stationing six nuclear capable B52 bombers in the Top End (without permission from the traditional owners) is making Australia a prime nuclear target if the current war of words suddenly melts down into full scale war.
The Road to War shows the implicit connection between Carbon emissions (the US military uses a whopping 70% of America’s annual petroleum to move its armies and vast War Machine around the globe to its 800+ military bases..but under a loophole wangled at Kyoto, the US military does not have to report its C02 annual emissions). The Road to War starts screening at selected cities and regional centres in March. See the trailer end for details.
Antinuclear 
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