Julie Bishop in pro uranium session with CEO of failed miner Paladin!
Julie Bishop helps promote African uranium with Australian zombie miner, Independent Australia Dave Sweeney Better known for her support for asbestos, why is Julie Bishop fronting an African mining conference beside uranium miner John Borshoff, who ran Paladin Energy into insolvency and called Fukushima a “sideshow”?
NO DOUBT, tall tales and cocktails will both flow at this week’s Africa Down Under mining conference in Perth, an annual event that sees Australian politicians join their African counterparts alongside a melange of miners, merchants and media.
But it is unlikely that too many of these will be the stories of corruption, dirty dealing and corner cutting that are so common in the world of resource extraction, especially in the developing or majority world.
Earlier this decade the Human Rights Law Resource Centre found that many
‘Australian companies, particularly mining companies, can have a severe impact on human rights throughout the world, including the right to food, water, health and a clean environment. Despite this, successive governments lack a clear framework of human rights obligations for Australian corporations operating overseas. This is particularly problematic in countries with lax or limited regulations.’
The operations and impacts of one embattled Australian miner highlights the point. For years, Paladin Energy was a bullish uranium promoter, now in the wake of the Fukushima nuclear disaster it has joined the zombie companies — the walking corporate dead.
For a few short years, Paladin, headed by the John Borshoff, a man reminiscent of Les Patterson with a drill-rig, operated the Kayelekera Uranium Mine in Malawi.
Borshoff was clear in his rationale stating that the
“Australians and the Canadians have become over-sophisticated in their environmental and social concerns over uranium mining — the future is in Africa.”
The contested mine was a focus of sustained criticism from community and civil society groups before being placed into extended ‘care and maintenance’ following the collapse in global demand and the freefall in the uranium commodity price that followed Fukushima.
Borshoff termed the Australian uranium fuelled Fukushima meltdown a “sideshow”. Not true, although Paladin were always clowns. But never funny ones.
The company is now in administration and a complicated planned bailout involving a Chinese takeover of a shrinking Namibian uranium project has failed. So now, as the creditors circle, who cleans up after the party? What priority will be given to addressing the disrupted and damaged country and communities around Kayelekera?
All good questions to ask John Borshoff, who is presenting Africa Down Under in a session with Foreign Minister Julie Bishop. But don’t hold your breath. This year he will wear a different hard hat. Paladin is the past and the future now is Deep Yellow — a junior miner with ambitions in Namibia. The caravan moves on with scarcely a glance behind.
Paladin’s ambition and appetite always exceeded its capacity and competence and now the gap between its inflated promises and its profound under-performance is absolute.
As the senior Mirarr Traditional Owner Yvonne Margarula reflected about her experience with the uranium sector in Kakadu:
”The promises never last, the problems always do.”………
The absence of a robust regulatory regime in many African countries can see situations where Australian companies are engaged in activities that would not be acceptable practise at home.
Paladin’s boom to bust case study is a further clear example of the lack of independent scrutiny of the uranium sector that also reflects poorly on the activities of Australian miners operating in nations with limited governance and regulatory capacity.
The mining sector always makes a difference, but it is not always a positive one. Especially given that many of the Australian company’s active in the African mining sector are juniors with limited capacity, scant accountability and little or no operational experience or proven compliance history.
In 2015, Tracey Davies, a lawyer with the South African-based Centre for Environmental Rights told Fairfax Media of the widespread and
“… very strong perception that when Australian mining companies come here they take every advantage of regulatory and compliance monitoring weaknesses, and of the huge disparity in power between themselves and affected communities, and aim to get away with things they wouldn’t even think of trying in Australia.”
There are too many examples of Australian mining activities in Africa ending in corruption, environmental damage or community disruption for us to simply accept pro-industry rhetoric. There is a clear need for increased transparency, responsibility and support for affected communities. And a clear need for independent proof, not industry promises.
Africa Down Under cannot be allowed to be an uncritical platform for Plunder Down Under.
Dave Sweeney is the Australian Conservation Foundation‘s nuclear free campaigner. You can follow him on Twitter @nukedavesweeney. https://independentaustralia.net/business/business-display/julie-bishop-helps-promote-african-uranium-with-australian-zombie-miner,10694#.WbH-ZD_xgOU.twitter
Fragile ecosystem of the Flinders Ranges – threatened by nuclear waste dumping
Paul Waldon Fight To Stop Nuclear Waste Dump In Flinders Ranges SA Yesterday,Thursday the 7th of September was Threatened Species Day. The promotion of nuclear waste abandonment in the Flinders Ranges by The Department of Industry, Innovation and Science (DIIS), and ANSTO can only be seen as a irresponsible act pushing life to extinction with a radioactive assault on a incompatible and fragile environment, while threatening the taxon and the biotas of the Flinders Ranges.
Australian Energy Market Operator focuses on dispatchable and flexible energy generation
AEMO switches focus to dispatchable generation over baseload http://reneweconomy.com.au/aemo-switches-focus-dispatchable-generation-baseload-75800/, By Giles Parkinson on 6 September 2017 The Australian Energy Market Operator has sought to switch the debate about Australia’s energy future, saying it is critical to focus on dispatchable and flexible generation rather than baseload, and it wants to create a short-term “strategic reserve” and long-term changes to market design to ensure this need is met. Continue reading
How Australia increases nuclear weapons proliferation risks
Australia has uranium export agreements in place with all of the five ‘declared’ nuclear weapons states – the US, Russia, China, France and the UK – although none of these countries take seriously their obligations under the Nuclear Non-Proliferation-Treaty to pursue nuclear disarmament.
IAEA safeguards inspections in the declared weapons states are voluntary and, in general, tokenistic.
Australia, along with the weapons states, boycotted recent negotiations on a Treaty on the Prohibition of Nuclear Weapons, adopted by the United Nations in early July.
Australia has fallen into the trap of bending over backwards to support its allies on an international scale, and subordinating non-proliferation objectives to the commercial interests of the (mostly foreign-owned) uranium companies operating in Australia.
Australia’s contribution to nuclear proliferation risks, Bridget Mitchell and Jim Green, 6 Sept 2017, Online Opinion www.onlineopinion.com.au/view.asp?article=19268&page=0 Once again, the world finds itself in a dangerous place as one mad-man explodes increasingly powerful nuclear weapons and another mad-man threatens North Korea with “fire, fury and frankly power the likes of which this world has never seen before.”
There appears to be no solution to the North Korean problem. Diplomacy, threats and sanctions have not been effective. Military intervention would likely result in the slaughter of hundreds of thousands of people on both sides of the 38th parallel ‒ with or without the use of nuclear weapons.
Australia isn’t to blame for the dangerous and escalating situation in North Korea but it’s worth reflecting on how we ‒ or more to the point, how successive governments ‒ have made the world a more dangerous place.
According to the World Nuclear Association, from the 1950s until the 1970s, Australia’s uranium was “primarily intended for US and UK weapons programs”. Although we no longer supply uranium for weapons production, Australia does contribute to proliferation risks. Continue reading
A nuclear bomb: effects on each of Australia’s major cities
The good news for Australians and the world at large is that North Korea has no intention of using its nuclear arsenal.
North Korea has a very limited nuclear arsenal, and does not view Australia as a particularly worthy adversary. If they can reach Melbourne or Sydney, they could also reach the mainland United States, which would prove a more tempting target.
So even if Kim Jong-un were to push the button, it’s very unlikely the missiles will be aimed at Australia.
What North Korea’s nukes would do to Australia’s cities http://www.9news.com.au/national/2017/09/06/12/03/what-north-korea-nuclear-bombs-would-do-to-australian-cities, By Nick Pearson, Sep 6, 2017 North Korea would be capable of killing tens of thousands of Australians instantly if they target one of our cities in a nuclear attack.
A 100 kiloton bomb was detonated under a mountain in North Korea over the weekend, and it would be capable of an extraordinary amount of damage if it targeted an urban area.
US academic Alex Wellerstein created a piece of software that estimates the scale of a nuclear attack on various locations.
At present only Darwin is potentially within the range of North Korea’s missiles. The regime also has not developed the technology to put a nuclear warhead on such a missile, so these estimations are at present, hypothetical.
The bomb tested by North Korea on Sunday would kill an estimated 126,000 people straight away if dropped in the heart of Sydney.
If the bomb landed in Pitt Street Mall, it would create a fireball wide enough to destroy state parliament, St Mary’s Cathedral, Wynyard Station and Town Hall.
The air blast radius would flatten just about every building in the CBD, stretching from Circular Quay to Elizabeth Bay.
A slower death from radiation poisoning would affect up to 90 percent of people in the wider blast radius stretching from Kirribilli to Balmain to the University of Sydney.
Victims from Newtown to Taronga Zoo would suffer third-degree burns as part of the thermal radiation radius.
But survival outside the blast zone is reliant on the strength and direction of the wind. Continue reading
John Quiggan demolishes foolish Minerals Council of Australia’s nuclear spin
The Minerals Council of Australia pushing zombie ideas, September 4th, 2017, John Quiggin, http://johnquiggin.com/2017/09/04/the-minerals-council-of-australia-pushing-zombie-ideas/
Fighting zombies is a tiresome business. Even when you think you’ve finally killed them, they bounce back as often as not. But it has to be done, and there are some benefits. When you see a supposedly serious person or organization pushing zombie ideas, it’s an indication that nothing they put out should be presumed to be serious.
There can be few zombies more thoroughly undead than nuclear power in general, except for the idea that nuclear power is a sensible option for Australia. The strongly pro-nuclear SA Royal Commission demolished this zombie so thoroughly that it should have taken a decade at least to regenerate.
But here’s the Minerals Council of Australia, which has taken a break from promoting coal to push the idea thatAustralia needs a nuclear power industry and that the biggest obstacle is a legal prohibition imposed in 1998. The supporting “analysis” is riddled with absurdities, some of which have already been pointed out. I’ll give my own (incomplete) list over the fold
Most obviously, there’s the statement that 58 nuclear reactors are currently under construction. As anyone who’s been paying attention could tell them, that number was 66 not long ago. The decline reflects the abandonment of half-built projects like the VC Summer plant in North Carolina and the fact that some long overdue projects like Watts Bar, started back in 1973, have been completed, while new starts have slowed to a crawl.
That’s only going to accelerate. China currently has 23 plants under construction, but they haven’t approved a new one in eighteen months. Other countries with projects under construction, but no recent approvals include the US and France. Unless something changes, the completion of current projects will cut the number under construction in half within a few years.
Then there’s the claim that nuclear power is affordable. There’s no reference to the dismal record of the existing industry. Instead, the MCA is relying on vaporware
Small modular reactors (SMRs) are close to commercialisation in the US. A Nu-scale 50MWe SMR, for example, is projected to cost around US$250 million.10 Three of these would cost and produce around the same amount of power as the largest wind farm in the southern hemisphere – and it would be reliable, synchronous, on-demand power
The reality is that the NuScale SMR doesn’t exist even as a prototype. Any estimate of the costs of such a reactor is purely speculative. The SA Royal Commission looked hard at SMRs and concluded they weren’t a viable option now or in the foreseeable future.
Showing patent bad faith, the MCA quotes the Royal Commission’s claims about the potential for a nuclear waste dump (an idea that has been abandoned) but ignores the more significant finding that nuclear power, including SMRs is hopelessly uneconomic for Australia.
Even more startling is the suggestion that we should follow the example of Canada which supposedly has a thriving nuclear industry. The reality is that nuclear power in Canada has been a failure, with massive cost overruns and frequent breakdowns. After spending at least a billion in subsidies, the Canadian government sold its nuclear energy business for a mere $15 million in 2011. It’s highly unlikely that Canada will ever build another nuclear plant.
Then there’s a reference to some real vaporware, notably including Transatomic a startup backed by Peter Theil. Google reveals that Transatomic had to back away from its inflated claims by a factor of more than 30. An honest mistake, apparently, but not promising as a basis for Australian energy policy.
Regardless of whether the prohibition on nuclear energy is lifted, it’s not going to happen in Australia, or most other countries. The real lesson from this episode is that any analysis coming out of the MCA should be treated with extreme scepticism. In particular, the next time an MCA spokesperson pops up to say that we need coal-fired power indefinitely into the future, remember their similar, and patently false, claims about nuclear power.
Australia’s defence forces to buy lethal drones from US nuclear weapons maker General Atomics?
Dan Monceaux Nuclear Fuel Cycle Watch South Australia 3 September 2017.
General Atomics popped up in the news yesterday, but their name wasn’t mentioned in the news report I saw. Apparently, Australia’s defence forces are interested in acquiring Reaper drones with lethal capabilities.
General Atomics already has a presence in South Australia through their ownership of two uranium mining projects. Their subsidiary companies are Quasar Resources and Heathgate Resources- both operate in-situ leach operations in the Frome Basin area: at Four Mile and Beverley https://www.facebook.com/groups/1021186047913052/
Donald Trump and Malcolm Turnbull hold talks, as North Korea again threatens America
North Korea makes another threat to America as Donald Trump and Malcolm Turnbull hold talks, The West Australian , Claire Bickers, Sarah Blake in New York, wires 6 September 2017 Donald Trump’s phone call with Prime Minister Turnbull has been described as warm and constructive.
The two leaders have agreed North Korea poses a grave threat to regional stability and that it is time for the international community to act.
China’s role in putting pressure on Pyongyang to end its nuclear and missile testing program was discussed, along with the emerging threat of Islamic militants in the Philippines.
Earlier, Australian Defence Minister Marise Payne said Australia and its allies sought to avoid a military conflict with North Korea “at all costs”.
The Minister will be travelling to Seoul today to meet with South Korean President Moon Jae-in and to deliver the keynote address at a forum on regional and global security.
“We seek to pursue the sanctions process and to ensure that they are allowed to operate to their fullest effect to send the clearest possible message to the regime in North Korea that their behaviour is unacceptable,” she told ABC radio.
…… There has been speculation North Korea may be planning to fire an ICBM this weekend when the republic celebrates its foundation on September 9. Mr Turnbull told coalition MPs at a partyroom meeting on Tuesday that the action of North Korea was “reckless, dangerous and provocative”.
He echoed the US ambassador to the United Nations Nikki Haley who said the regime seems to be “begging for a war”.
Meanwhile, Opposition Leader Bill Shorten and foreign affairs spokeswoman Penny Wong will meet leaders in South Korea and Japan later in the month. Mr Shorten said he was pleased about the phone call between Mr Trump and Mr Turnbull.
“Australia must use its influence wherever possible to promote a peaceful resolution to this crisis, and I hope this phone call goes some way to achieving this,” Mr Shorten said.
Confirmation of the Oval Office phone call came late Tuesday, during a dramatic day of developments in the burgeoning nuclear crisis, as the Japanese government started planning for mass evacuations of nearly 60,000 citizens in South Korea…….https://thewest.com.au/news/world/north-korea-makes-another-threat-to-america-as-donald-trump-and-malcolm-turnbull-hold-talks-ng-b88590753z
CSIRO a paid-up member of Minerals Council, which fights climate change action
Science agency stands in contrast to Australia’s biggest polluter, AGL, which parted ways with MCA over climate change, Guardian, Michael Slezak, 6 Sept 17, The Australian government’s science agency, the CSIRO, has paid tens of thousands of dollars to peak mining lobby group the Minerals Council of Australia, which fights against government action on climate change.
The CSIRO has been listed as an “associate member” of the Minerals Council of Australia (MCA) since at least 2004 and new documents obtained by the Australian Institute, under freedom of information laws, show that in 2017 the “annual subscription” for membership was just under $10,000.
The mining lobby plays a vocal role in Australian climate change policy debates and the positions it takes are on the extreme end of the spectrum and include pushing for more coal power stations to be built.
The CSIRO continues to be a member of the MCA despite even Australia’s biggest climate polluter, AGL, publicly parting ways with the Minerals Council of Australia in 2016, saying it did so because of the positions the MCA took on climate change.
“AGL’s positions on climate change and renewable energy differed from those held by the Minerals Council of Australia … and AGL has elected not to renew its membership,” the company said in its 2016 sustainability report.
CSIRO declined to answer specific questions about how long it had been a member, what the cost had been and what the CSIRO got in return for membership. A CSIRO spokesman instead gave a statement, published in full below. [on original] …….
CSIRO has come under fire in recent years for a perception it has not been giving fearless advice to the public and to government on climate-related issues. At the same time, the organisation has cracked down on employees who themselves seek to speak publicly on policy issues……
ohn Church, a world-leading climate scientist who was made redundant in the organisation’s 2016 job cuts and who was one of the disgruntled employees in the leaked emails, told the Guardian CSIRO’s membership of the MCA was in contradiction to its refusal to engage in policy debates.
“I would definitely say there was a conflict,” Church said. “CSIRO is putting itself in a position where it is implicitly supporting particular policy positions by being a member of the Minerals Council.
“They should not only be independent but be seen to be independent.”
A senior climate scientist still at the CSIRO told the Guardian that currently it is almost impossible for climate scientists there to speak publicly about policy…….
Other public organisations with associate membership of MCA include ANSTO Minerals and the University of Western Australia……ANSTO Minerals, part of the government-owned Australian Nuclear Science and Technology Organisation is also an associate member of the Minerals Council and a spokesman said ANSTO was a member of the Uranium Forum of the MCA and also sits on the radiation protection working group…..https://www.theguardian.com/australia-news/2017/sep/06/csiro-member-minerals-council-which-fights-climate-change-action
South Australia’s Tesla big battery can stop the price gouging by Australia’s major energy players
How Tesla’s big battery can smash Australia’s energy cartel, REneweconomy, By Giles Parkinson on 4 September 2017 A series of reports from Australia’s Energy Regulator has illustrated how Australia’s big energy players have taken advantage of their market dominance to push up prices for critical grid services, and underline why South Australia was so keen to support the new Tesla big battery.
The Tesla battery, due to be installed by December 1, has been derided by the federal government as too small to do much and about as useful as a Big Banana or Big Pineapple.
But going by the AER reports, it could completely puncture the price gouging (which, we should point out, is perfectly legal according to the market rules) by major energy players that is costing consumers $60 million a year. Continue reading
September 1st More REneweconomy news
RenewEconomy
-
AEMO says fossil fuel failures, renewable investment delays biggest threat to gridAEMO says the biggest threat to Australia’s electricity supply is hotter temperatures, failure of large fossil fuel plants, and delays in investment in new wind and solar. Smart solutions such as demand management and storage will mean no need for new coal generators.
-
Graph of the day: South Australia’s “baseload” wind supplyWind energy has supplied a constant output of 1200MW over last three days in South Australia – just like “baseload”
-
Voters blame energy companies – and PM – for sky-high power pricesMore than four times as many people blame Malcolm Turnbull for sky-high power prices than renewable energy companies. That power campaign went well didn’t it!
-
Eight companies short-listed to tender for job to develop, operate 5MW solar farm on former landfill site at Newcastle.
-
Community retailer Enova to buy and sell rooftop solar powerNSW community-owned retailer to buy excess rooftop solar from customers, as well as from local community solar farms and gardens, to sell on to other customers who can’t generate solar themselves.
-
AEMO switches focus to dispatchable generation over baseloadEnergy market operator’s message on baseload generation is blunt: it’s struggling to compete and not well suited to the changes taking place. It’s time to modernise.
-
Graph of the Day: Green and gold on Australia’s gridAustralia’s wind and solar energy resources should put on a bit of a show on same day as Coalition declares its attachment to coal.
-
CEFC backs leasing model to boost Australia’s EV uptakeClean Energy Finance Corp backs Macquarie Leasing program offering discounted finance for electric vehicles, plug-in hybrids and other low-carbon investments, including rooftop solar and battery storage.
-
Liddell: Climate change and air pollution medical negligenceWith an estimated 3000 deaths pa and many illnesses in Australia due to heart and lung disease from air pollution The Prime Minister’s proposal to keep open heavily polluting Liddell as the solution to his government’s failures in energy policy must be condemned.
-
Garnaut slams AEMC move to delay 5-minute settlement ruleEnergy rule-maker says it supports change to 5-minute settlement period, but wants it introduced gradually and not before July, 2021.
-
Coalition asks AGL to keep Liddell coal generator open extra 5 yearsCoalition wants AGL to keep 46-year old Liddell coal generator open another five years, despite AEMO saying there is no threat to security standards and best way to minimise is to have more renewables.
-
Turnbull government encouraging mining, funds exploration
Turnbull invests $100m to secure mining investment, drive discoveries, The Age, 2 sept 17, The Turnbull government will commit $100 million to secure private investment in greenfield mineral exploration across the country to drive a new wave of discoveries and restart the flagging mining sector in its west.
WA had been the biggest beneficiary of the once-in-a-century mining boom during the first decade of the 2000s and into the start of this decade, but has become the country’s worst-performing economy as mining investment abated…..
Speaking at the Western Australian Liberal Party conference in Perth on Saturday, Prime Minister Malcolm Turnbull announced new tax incentives for junior exploration companies in a move he said would encourage investment and “risk taking”.
Turnbull said the new Junior Mineral Exploration Tax Credit (JMETC) would allow the tax losses in greenfield exploration companies to be distributed as a credit to Australian resident shareholders.
Mining lobby out to silence environmental charities
In its submission, MCA outlined the importance of ensuring all organisations engaged in political advocacy were subject to the same rules of transparency.
“While political parties are obliged to disclose the source of donations greater than $13,200, environmental groups can spend millions of dollars every year without having to disclose the identities or locations of their donors,” the submission said.
“This lack of transparency constitutes a potential threat to Austalia’s [sic] sovereignty, by allowing foreign interests to exert political influence by covertly funding domestic environmental groups.”
This comes as the Australia Institute released a discussion paper last Friday, which examined the mining industry’s own tax-deductible advocacy and found it to be controlled by foreign interests.
“The mining industry is 86 per cent foreign owned and has spent over $541 million in the last 10 years on lobbying Australian governments through its peak lobby groups, which are dominated by foreign interests,” the paper said.
“The MCA lobbies to maintain subsidies and tax concessions for mining companies which costs Australian taxpayers billions every year.”
The Australia Institute found that the decision-making bodies of industry lobby groups were dominated by representatives from foreign owned companies, which were having an undue effect on government policy.
“By influencing Australian government decision-making through spending hundreds of millions of dollars on political donations and lobbying, foreign mining companies are attempting to have their corporate interests prioritised over the interests of Australian communities, environments and industries. This level of influence can distort sound economic policy making,” the paper said…….
Paul Sinclair, the campaign director at the Australian Conservation Foundation (ACF), told Pro Bono News the Australia Institute report revealed the damaging effect of the mining lobby’s political advocacy. “Donors don’t give money to political parties for no reason, many of them expect a policy outcome,” Sinclair said.
“The Australia Institute report shows there is a clear correlation between donations being made by mining companies and policy outcomes like destroying the price on pollution that was pushing down Australia’s pollution levels.”
He said the mining lobby’s push to limit the advocacy activities of environmental groups would have a disastrous effect on these organisations.
“If the ACF was banned from using more than 10 per cent of our expenditure on advocacy, we would cease to be the organisation that Australians have supported for over 50 years,” Sinclair said……https://probonoaustralia.com.au/news/2017/09/environmental-charities-engaged-bitter-stand-off-mining-lobby-advocacy/
Victoria takes the lead on Renewable Energy Targets
Mixed Response as Victoria Moves on Renewable Energy Targets, Pro Bono, Lina Caneva, Editor, 5 Sept 17 The Victorian government has become the first Australian state to introduce legislation in a bid to have its renewable energy targets enshrined in law, but the move has received a mixed response. The state government said it was “harnessing the power of renewable energy to drive down prices, attract billions of dollars of investment and create thousands of local jobs.”
Premier Daniel Andrews said the Victorian Renewable Energy Targets (VRET) legislation was the largest renewable energy auction in Australia.
The legislation, introduced into parliament last week, set new renewable energy targets for Victoria of 25 per cent by 2020 and 40 per cent by 2025.
“It’s the first time such ambitious renewable energy targets have been enshrined in state legislation anywhere in Australia,” Andrews said.
“Importantly, the VRET will cut the average cost of power for Victorians by around $30 a year for households, $2,500 a year for medium businesses and $140,000 a year for large companies, while driving a 16 per cent reduction in Victoria’s electricity sector greenhouse gas emissions by 2034-35.”
The government said the competitive VRET auction for up to 650 megawatts (MW) of renewable energy capacity would provide enough electricity to power 389,000 households – or enough energy to power Geelong, Ballarat, Bendigo and the Latrobe Valley combined.
However Grattan Institute energy program director Tony Wood said Australia desperately needed a nationally consistent energy and climate change policy, with bipartisan support……..
Clean Energy Council chief executive Kane Thornton said the commitments made by the state government would “turbocharge” the renewable energy industry in Victoria.
“The renewable energy auction is a major step forward for communities, businesses and the state’s renewable energy industry,” Thornton said.
“This will turbocharge significant private investment in low cost renewable energy to fill the gap and bring power prices down.
“Victoria is realising an immense opportunity to grow its economy and preserve its future energy security through the establishment of a strong and long-term VRET scheme, which will ensure the roll-out of renewable energy projects well beyond 2020.”
Thornton said the auction round was the largest renewable reverse energy auction program to date in Australia, building on the success of the ACT government’s program.
“This is a significant addition to the Victorian government’s clean energy commitments to date, which include solar trams, solar schools, an energy storage initiative and a renewable energy certificate purchasing initiative,” he said.
Victoria’s opposition leader Matthew Guy said the Coalition would oppose the plan. https://probonoaustralia.com.au/news/2017/09/mixed-response-victoria-moves-renewable-energy-targets/
6 September REneweconomy news
RenewEconomy-
Billionaire Cannon-Brookes backs home energy loan start-upAustralian tech investor Mike Cannon-Brookes has tipped close to $4m into home energy loan start-up Brighte.
-
Gas and hydro get big $ in energy markets, solar and wind paid lessHydro and gas generation get higher half hourly prices than coal in Australia’s energy market. Wind & solar PV take a discount.
-
Wind and solar facing “valley of death” despite changing economicsAustralia faces energy crisis caused by failure of Labor and Coalition to face reality of both climate change and the technological transformation of the energy sector.A bunch of reasons to be optimistic about clean energy in AustraliaRenewable energy is increasingly profitable without subsidies, and coal has become uninvestable without government intervention – this used to be the opposite.Know your NEM: Baseload and reliability to take centre stageNo one will be surprised if AEMO projects a potential problem this summer in reports to be released this week.
-
Electricity bill relief package welcome news for households doing it toughPIAC’s Energy + Water Consumers Advocacy Program (EWCAP) has welcomed the NSW electricity bill relief package, announced yesterday
-
Renewable Energy Market Report: Connection worries force prices upThe key issue at moment around LGC prices remains the commissioning dates for new fleet of wind and solar generation.
-
How Tesla’s big battery can smash Australia’s energy cartelRegulator report cites seven different occasions where Australia’s big energy players used market power to push up prices nearly 100-fold. No wonder South Australia has pushed for Tesla big battery, which is likely to be able to smash this cartel, despite being derided by the Coalition.
-
New “ethical” debt fund targets renewables “merchant” marketWith $50m in backing from Future Super, new debt fund taps renewable energy “sweet spot” – including small to medium solar projects with no PPAs.
-
Will wind and solar be penalised by baseload hysteria?AEMO report will be critical to design of policy and market rules, but wind and solar industry fear they are going to be unfairly penalised, when it is the fossil fuel fleet causing much risk to the energy system.
-
1 This month.
20 September –National Day of Action in Melbourne on the International Day of Peace
Help Aunty Sue Protect Her Land and Sacred Sites From Destructive Rocket Testing.
.
Australians deserve the truth
about
AUKUS – https://aukuspublicinquiry.com/
PETITION – To: Prime Minister Anthony Albanese and the Australian Labor Government
of the week – Australians for War Powers Reform (AWPR)
To see nuclear-related stories in greater depth and intensity
Antinuclear 