Antinuclear

Australian news, and some related international items

Minerals Council to lobby Malcolm Turnbull in favour of nuclear power

Turnbull faces new push for nuclear power, news.com.au , SEPTEMBER 1, 2017 Paul Osborne, AAP Senior Political WriterAustralian Associated Press Malcolm Turnbull faces calls to remove legal hurdles for nuclear power in a report giving the government advice on ensuring enough baseload power for future electricity needs.

September 2, 2017 Posted by | AUSTRALIA - NATIONAL, politics | Leave a comment

Tony Abbott to join Britain’s Nigel Lawson in climate denial lecturing in Britain

Tony Abbott to lecture leading climate-change sceptic think tank, http://www.theaustralian.com.au/news/nation/tony-abbott-to-lecture-leading-climatechange-sceptic-think-tank/news-story/ce897ce09992d942256245dd08edf0fd, GRAHAM LLOYD, 1 Sept 17Former prime minister Tony ­Abbott will give the annual lecture to one of the world’s leading climate change sceptic think tanks, the Global Warming Policy Foundation in London.

The title of Mr Abbott’s ­address will be “Daring to doubt”.

The invitation-only lecture will be held at the Institution of Mechanical Engineers in Birdcage Walk, London, on October 9. Mr Abbott will follow John Howard who addressed the foundation’s lecture in 2013 with a speech “One religion is enough”.

The foundation is chaired by former Thatcher government treasurer Lord Nigel Lawson.

The foundation is one of the world’s most active groups promoting debate about the state of climate change science.

It republishes articles and mat­erial both supportive and against the mainstream science view and commissions research on climate change-related issues.

The foundation is funded by private donations and does not accept gifts from energy companies or anyone with a significant interest in an energy company.

Mr Abbott’s spokeswoman said the trip would be privately funded by the foundation

September 2, 2017 Posted by | AUSTRALIA - NATIONAL, climate change - global warming, politics | Leave a comment

Minerals Council wants “clean” “affordable” nuclear power for Australia

Australia should add nuclear to the clean energy mix: Minerals Council, SMH, James Massola. 1 Sept 17, Australia should develop a nuclear power industry to reduce its emissions, the Minerals Council says, and the Turnbull government should take the first step by removing legal road blocks.

In a new paper titled Removing the Prohibition on Nuclear Power, the lobby group argues just four words – “a nuclear power plant” – need to be cut from the Environmental Protection and Biodiversity Act to begin clearing the legal path to the development of a nuclear industry…….

Most contentiously, it argues the technology is safe, citing a British study by Friends of the Earth – a claim opponents would dispute by highlighting the Fukushima, Chernobyl and Three Mile Island disasters – and affordable, which opponents would also  dispute.

The call to re-think the prohibition on nuclear power comes as the Turnbull government grapples with how, or whether, to implement a post-2020 clean energy target, as recommended by Chief Scientist Alan Finkel’s review of the electricity sector.

It also comes after Fairfax Media revealed in March that at least one in 10 of Mr Turnbull’s MPs backed nuclear power to be part of Australia’s energy mix…….http://www.smh.com.au/federal-politics/political-news/australia-should-add-nuclear-to-the-clean-energy-mix-minerals-council-20170831-gy7ysq.html

September 1, 2017 Posted by | AUSTRALIA - NATIONAL, politics | Leave a comment

Australian government watering down the climate recommendations of the Finkel energy report

Coalition watering down Finkel review climate ambitions, leaked document reveals
Draft implementation plan lacks electricity emissions trajectory, Paris agreement alignment and low-income subsidies,
Guardian, Michael Slezak 31 Aug 17The climate ambitions of the Finkel review appear to be being watered down by the government as it is implemented, according to a draft Coag Energy Council implementation strategy obtained by the Guardian.

The draft implementation plan removes a key recommendation for an agreed emissions trajectory for the electricity system, alignment with the Paris agreement and subsidised solar and batteries for low-income houses.

Sources tell the Guardian the document was prepared by the federal government and distributed to state and territory representatives on the morning of the meeting, leaving little time for state representatives to analyse it…..

At a teleconference on Friday last week, state and territory energy ministers were presented with a draft implementation plan for discussion.

That document, obtained by the Guardian, appears to water down those recommendations in relation to climate change, and removes some altogether.

One key recommendation in the Finkel review that has been severely weakened in the draft implementation document is a change that would force the electricity market to align efforts to meet government emissions reduction commitments made as part of the Paris agreement.

Finkel’s recommendation said Coag leaders should agree to a new Australian Energy Market Agreement, which commits all parties to “a nationally consistent approach to energy policy that recognises Australia’s commitment in Paris to reduce emissions and governments’ commitment to align efforts to meet this target with energy market frameworks.”

But the draft implementation document removes the reference to international emissions reduction commitments, instead saying merely that the agreement will “reaffirm Australian governments’ commitment to the [national electricity market] and a national, integrated approach to energy and emissions reduction policy”.

Among Finkel’s key recommendation for an “orderly transition”, he called for three things: the clean energy target; a three-year notice of closure for existing large generators; and “an agreed emissions reduction trajectory”. All three moves were part of one recommendation, numbered 3.2.

The Coalition has not agreed to adopt the clean energy target but it has agreed to the three-year notice-of-closure rule, which appears in the implementation plan. However, the plan does not contain any mention of an agreed emissions reduction trajectory…….

Another Finkel recommendation calls for low-income households to be given subsidised access to “energy efficient appliances, rooftop solar photovoltaic and battery storage systems”.

Explicit references to renewable energy has been removed in the draft implementation plan and replaced with “energy efficiency and demand management technologies”.

Sources say representatives of the ACT raised the question of the trajectory being removed, and asked for it to be included. Representatives of Queensland and Victoria also apparently raised concerns about some of the other changes.

Sources said the document, which was prepared by the federal government, was circulated to state energy ministers only hours before the meeting was held, leaving little time for proper scrutiny.

The document is expected to be finalised and sent to heads of government today. https://www.theguardian.com/australia-news/2017/aug/31/coalition-watering-down-finkel-review-climate-ambitions

September 1, 2017 Posted by | AUSTRALIA - NATIONAL, climate change - global warming, politics | Leave a comment

Australian government cracking down on environmental activists

Charity crackdown would be a ‘torpedo’ to environmental groups, Bob Brown says, ABC, 7.30 , By Liz Hobday and Gus Goswell , 31 August 17, The Federal Government has denied it is trying to silence environmental activists, as prominent voices in the environment and charities sectors speak out against a series of regulatory changes.

Key points:

  • Federal government is proposing changes to regulations dealing with charities
  • Some environmental groups could face the loss of their tax-deductible charity status
  • Charities concerned about appointment of coal seam gas company boss
  • Government will not re-appoint charities commissioner

As Treasury canvasses a proposal to limit tax concessions for green groups, there have been changes at the top of the Australian Charities and Not-for-profits Commission (ACNC), including the appointment of Peter Hogan, chairman of coal seam gas company, Carbon Energy, to the regulator’s advisory board.

That has raised the ire of environment groups, many of which are registered charities.

“We’ve got the Turnbull Government arranging to put the fox in charge of the chicken coop,” former Australian Greens leader Bob Brown told 7.30……..

former ACNC advisory board member, and now head of the Community Council for Australia, David Crosbie says the sector is under attack.

“It feels, right now, there is a campaign to try and restrict the voice of charities,” he told 7.30.

“And there are a number of elements to that.”

Tax deductibility status at risk

Among the changes is a push to make environmental groups curb their activism or risk losing their charity taxation status. Continue reading

September 1, 2017 Posted by | AUSTRALIA - NATIONAL, politics | Leave a comment

Australian govt -‘no plans’ to build or fund coal power, says PM Malcolm Turnbull

Malcolm Turnbull says Government has ‘no plans’ to build or fund coal power, ABC 28 Aug 17 By political reporter Henry Belot ,

Key points:

  • The Coalition has accepted 49 of the 50 recommendations from the Finkel Report
  • Barnaby Joyce, Tony Abbott among MPs wanting the CET to allow more coal power plants
  • PM Malcolm Turnbull says his Government has funded green energy “to a large degree”

Prime Minister Malcolm Turnbull says his Government has no plans to build a new coal-fired power station, and he wants to resolve a fractious debate over a clean energy target (CET) by the end of the year.

August 29, 2017 Posted by | AUSTRALIA - NATIONAL, climate change - global warming, politics | Leave a comment

Malcolm Turnbull tries to look climate change good, with Snowy Hydro funding

Malcolm Turnbull to announce millions in funding for Snowy Hydro 2.0 pet project, The Age,  James Massol, 27 Aug 17 Prime Minister Malcolm Turnbull is set to announce millions in extra funding for his pet project, Snowy Hydro 2.0, after visiting the power station on Monday morning. Prime Minister Malcolm Turnbull is set to announce millions in extra funding for his pet project, Snowy Hydro 2.0, after visiting the power station on Monday morning.

The announcement is due to be made in News Corp papers on Monday, but Fairfax Media has learnt the details ahead of time.

Mr Turnbull will attempt to focus on electricity prices and energy policy for the entire week ahead, in an attempt to shift focus away from the citizenship fiasco….

The feasibility study is due to be completed by the end of year; work is already under way on technical and drilling work and it will soon ramp up to be a 24-hour-a-day operation……

The expansion of Snowy Hydro, which will conservatively cost at least $2 billion and which will take at least four years to complete, is designed to provide power for an extra 500,000 homes when finished. The bill for the project could effectively double from $2 billion to $4 billion because of essential upgrades to power transmission lines into Melbourne and Sydney.

When completed, it will effectively function as a giant battery for the east coast electricity market and the new power station will have an estimated generation capacity of 2000 megawatts…..

ARENA began talks with Snowy Hydro about working on the project in February, about a month before the Prime Minister announced the project, and it is hoped the know-how the agency gains from working on Snowy Hydro 2.0 will be used on other pumped hydro storage projects.

The Commonwealth owns 13 per cent of the scheme, NSW 58 per cent and the Victorian government 29 per cent. http://www.theage.com.au/federal-politics/political-news/malcolm-turnbull-to-announce-millions-in-funding-for-snowy-hydro-20-pet-project-20170827-gy5042.html

August 28, 2017 Posted by | AUSTRALIA - NATIONAL, energy, politics | Leave a comment

Energy Minister Frydenberg stalling on decision about $110m Port Augusta solar thermal funds?

Frydenberg calls for advice on $110m Port Augusta solar thermal funds, REneweconomy

August 25, 2017 Posted by | AUSTRALIA - NATIONAL, politics, solar, South Australia | Leave a comment

Bank calls for more transparency on Northern Australia Infrastructure Facility’s $5b loan scheme

‘More transparency needed’: Bank questions secrecy of $5b loan scheme, Newcastle Herald, 24 Aug 2017 A $5 billion infrastructure loan scheme derided as a secretive Turnbull government slush fund has attracted further criticism – this time from a major bank.

National Australia Bank – whose own industry is plagued by claims it is opaque and untrustworthy – has raised concerns that the Northern Australia Infrastructure Facility, a controversial government loan scheme designed to kickstart private sector investment in the north, lacks transparency.

NAB also warned that the fund was taking a “lender of last resort” approach that may not provide the economic shot-in-the-arm that Northern Australia requires.

The bank’s concern adds to a chorus of complaint that the much-vaunted infrastructure fund, which headlined the 2015 federal budget, is cloaked in secrecy, lacks governance and exposes taxpayers to a high risk of losing their money.

The Productivity Commission has warned of possible political interference in the  investment decisions, and former treasurer Wayne Swan described it as a government “slush fund” operated by a board stacked in favour of the mining industry.

August 25, 2017 Posted by | AUSTRALIA - NATIONAL, politics | Leave a comment

South Australia calls for Federal Govt loan for Port Augusta solar plant

Premier Jay Weatherill calls on Federal Government to provide $110m loan for $650m Port Augusta solar plant, Adam Langenberg, Luke Griffiths, The AdvertiserAugust 23, 2017  PREMIER Jay Weatherill has dared the Federal Government to block a $110 million loan banked on to finance Port Augusta’s $650 million solar thermal plant……

Mr Frydenberg was in Whyalla on Wednesday as he launched a $30 million battery storage facility on the Yorke Peninsula, as revealed by The Advertiser yesterday.

He said it would play an important role in securing South Australia’s electricity network.

Less than two months after the State Government announced its deal with US billionaire Elon Musk’s Tesla, Mr Frydenberg unveiled plans that would see the Federal Government’s Australian Renewable Energy Agency fund up to 40 per cent of a 30MW, 8MW/h battery.

Electranet will design and build the battery before leasing out its commercial operation to a yet-to-be-decided energy retailer.

To be located at Dalrymple — one of the electricity network’s “weak points”, according to Mr Frydenberg — it is expected to be connected to the grid by February 2018.

The Tesla battery, to be located in Jamestown, will be 100MW, 129MW/h.

“We don’t claim to have the biggest battery or the biggest system, what we do claim is to be putting in place practical, cost-effective, needed policy solutions and practical solutions to the challenges SA faces,” Mr Frydenberg said prior to presenting at the Global Maintenance Upper Spencer Gulf conference in Whyalla…….

In his speech, Mr Koutsantonis declared the Upper Spencer Gulf an economic participation region under the State Government’s industry participation policy.

Local businesses will now be given a 20 per cent weighting when vying for public project work.

“We have seen how successful this policy has been since it was implemented in northern Adelaide and now we want to replicate those achievements in the Upper Spencer Gulf,” he said. http://www.adelaidenow.com.au/news/south-australia/premier-jay-weatherill-calls-on-federal-government-to-provide-110m-loan-for-650m-port-augusta-solar-plant/news-story/40c4bb6cffce77e1c2cf0f5816fd1334

 

August 25, 2017 Posted by | politics, solar, South Australia | Leave a comment

Malcolm Turnbull in Tasmania – praising wind and solar power!

Turnbull trumpets Tasmania’s ability to lead the country in renewable energy, ETHAN JAMES, AAP, Mercury, August 18, 2017  Prime Minister Malcolm Turnbull has trumpeted Tasmania’s ability to lead the nation in renewable energy at the state’s Liberal Party council meeting.Mr Turnbull today addressed 250 delegates at the annual conference in Launceston, the party’s final gathering before a state election in March. He praised Liberal Premier Will Hodgman’s economic management in a speech that touched on energy, terrorism and mental health.

August 21, 2017 Posted by | energy, politics, Tasmania | Leave a comment

In India, Customs Department accuses Adani of fraud, as Adani bids forAustralian coal loan

If true, one effect of the alleged scheme would have been to move vast sums of money from the Adani Group’s domestic accounts into offshore bank accounts where it could no longer be taxed or accounted for.

Adani mining giant faces financial fraud claims as it bids for Australian coal loan, Exclusive: Allegations by Indian customs of huge sums being siphoned off to tax havens from projects are contained in legal documents but denied by company, Guardian, Michael Safi in Delhi, 16 Aug 17, A global mining giant seeking public funds to develop one of the world’s largest coal mines in Australia has been accused of fraudulently siphoning hundreds of millions of dollars of borrowed money into overseas tax havens.

Indian conglomerate the Adani Group is expecting a legal decision in the “near future” in connection with allegations it inflated invoices for an electricity project in India to shift huge sums of money into offshore bank accounts.

The directorate of revenue intelligence (DRI) file, compiled in 2014, maps out a complex money trail from India through South Korea and Dubai, and eventually to an offshore company in Mauritius allegedly controlled by Vinod Shantilal Adani, the older brother of the billionaire Adani Group chief executive, Gautam Adani.

Vinod Adani is the director of four companies proposing to build a railway line and expand a coal port attached to Queensland’s vast Carmichael mine project.

The proposed mine, which would be Australia’s largest, has been the source of years of intense controversy, legal challenges and protests over its possible environmental impact.

Expanding the coal port to accommodate the mine will require dredging an estimated 1.1m cubic metres of spoil near the Great Barrier Reef marine park. Coal from the mine will also produce annual emissions equivalent to those of Malaysia or Austria according to one study.

One of the few remaining hurdles for the Adani Group is to raise finance to build the mine as well as a railway line to transport coal from the site to a port at Abbot Point on the Queensland coast.

To finance the railway Adani hopes to persuade the Northern Australia Infrastructure Facility (Naif), an Australian government-backed investment fund, to loan the Adani Group or a related entity about US$700m (A$900m) in public money.

While it awaits the decision on the loan, in Delhi the company is also expecting the judgment of a legal authority appointed under Indian financial crime laws in connection to allegations it siphoned borrowed money overseas.

The Adani Group fully denies the accusations, which it has challenged in submissions to the authority.

The investigation

News of the investigation was first reported in India three years ago, but the full customs intelligence document reveals forensic details of the workings of the alleged fraud which have not been publicly revealed.

The 97-page file accuses the Adani Group of ordering hundreds of millions of dollars’ worth of equipment for an electricity project in western India’s Maharashtra state using a front company in Dubai.

To read the pdf click here. Continue reading

August 16, 2017 Posted by | AUSTRALIA - NATIONAL, climate change - global warming, politics, secrets and lies | Leave a comment

A Northern Australia Infrastructure Facility funded Adani rail link could create a $billion ghost train

Government loan to Adani will create ‘billion-dollar ghost train’, Senate told https://www.theguardian.com/environment/2017/aug/11/government-loan-to-adani-will-create-billion-dollar-ghost-train-senate-told

Public governance specialist raises concerns over the way the Northern Australia Infrastructure Facility is conducting itself, Guardian, Michael Slezak, 11 Aug 17, If the federal government funds a rail link to Adani’s proposed Carmichael mine, it will become known as the “government-funded billion-dollar ghost train”, an expert in public governance has told the Senate.

Thomas Clark, a professor at the University of Technology Sydney, who has decades of experience in public and corporate governance, appeared before a Senate inquiry into the operation and governance of the Northern Australia Infrastructure Facility (Naif), which is considering a $900m loan to Adani’s rail link.

He said the way Naif was conducting itself neglected years of reforms in public finance, and risked returning Australia to an era “when the public sector was discredited”.

Clark criticised Naif’s lack of transparency, pointing to its lack of disclosure of conflicts of interests and refusal to disclose whether or not Adani had applied for funding.

The former minister for resources Matthew Canavan has acknowledged that Naif is considering a loan application by Adani for the railway, and an Adani spokesman confirmed that the company had sought a loan.

 Clark said the fact the Naif board was considering the loan for the rail link showed it was was not conducting itself properly. He said it would not benefit the larger community, would harm other coalmines and industries, and threaten the Great Barrier Reef.

“The worry is that the Naif’s structure and processes, and the way the board has been selected and so on has neglected all of that reform and thrown us back to an era of long ago when the public sector was quite discredited.”

He said the corporate history of Adani – which has been implicated in several environmental disasters and governance questions – would make the company ineligible for government funding.

“The serious concern is that if this rail project goes ahead and is funded, it will not only prove a financial and energy disaster, it will also announce to the world the poor standards and poor public governance that allowed this disaster to occur and utilised tax payer money to fund it,” Clark said.

“This will not enhance the reputation of Australia internationally for sound governance and probity in public finance.

“Undoubtedly if Naif funds this Carmichael project, it will become renowned as the government-funded billion-dollar ghost train – a useless waste of taxpayer money to enrich a company based in the Cayman Islands, which the Australian public will not forget or forgive.”

The Senate hearing continues on Friday, and will include an appearance by Naif officials.

August 12, 2017 Posted by | AUSTRALIA - NATIONAL, politics | Leave a comment

Energy executives tell Turnbull they aren’t interested in prolonging life of coal plants

Executives also tell prime minister that policy uncertainty is contributing to rise in power prices, Katherine Murphy, Guardian, 9 Aug 17 Senior energy executives have taken the opportunity of a face-to-face meeting with Malcolm Turnbull to argue policy certainty is required to help lower power prices for consumers – and to signal they are not interested in prolonging the life of coal plants……..

Government backbenchers report being under huge pressure from their constituents over soaring power bills but internal divisions have prevented the Turnbull government, thus far, from resolving whether it wants to adopt the Finkel recommendation of a new clean energy target.

The message the executives delivered to the top echelons of the government was the country needed policy action that would lower or stabilise wholesale electricity prices, not just a focus on retail prices.

  Executives told the prime minister, the energy minister, Josh Frydenberg, the treasurer, Scott Morrison, and the deputy prime minister, Barnaby Joyce, that they were interested in running businesses that were intent on reducing their climate risk, so they weren’t interested in maintaining the lifespan of existing coal-fired plants, like Liddell in New South Wales………

After the talks, the prime minister was asked whether he would deliver a full response to the Finkel review by the end of the year.

Turnbull hedged, saying the government was waiting on additional information from the Australian Energy Market Operator about the amount of dispatchable power required to stabilise the grid after the departure of major coal plants which are coming to the end of their operating life.

He said the government would receive that information on 1 September…….

The government will hold another meeting with the same group of executives on 18 August to hear progress.

A report released by the Grattan Institute five months ago highlighted the problems addressed in Wednesday’s meeting.

The Grattan report pointed out that consumers struggle to find better deals to reduce their power bills because they find the market too complicated. It also argued that, if energy retailers failed to clean up their act, political pressure would increase for price regulation given the rapid escalation in energy costs.

On Tuesday night, the Greens called for price regulation by the end of 2017. https://www.theguardian.com/australia-news/2017/aug/09/energy-chiefs-tell-turnbull-they-arent-interested-in-prolonging-life-of-coal-plants

August 11, 2017 Posted by | energy, politics | Leave a comment

$1 billion loan to Adani Carmichael mine project a big loser for taxpayers?

Adani loan too much of a risk for taxpayers according to independent study, The Age, Mark Kenny, 31 July 17, 

A $1 billion concessional loan to the controversial Adani Carmichael mine project in Queensland’s Galilee Basin could expose taxpayers to a high risk of losing their money, according to an independent business analysis.

The economic assessment of the troubled project’s outlook found the collapsing coal price, the uncertain global picture for thermal coal, and the $21.7 billion project’s heavy reliance on external financing contributed to a high risk for taxpayers.

Among the problems was Adani’s hope of using the Northern Australia Infrastructure Facility to fund a key part of the project – a rail link to Abbot Point – while relying extensively for security on the availability of other, as yet unsecured, debt and equity financing.

The assessment was done by the business consulting firm, ACIL Allen, and commissioned by the Australian Conservation Foundation. The study was fully independent of both the ACF and Adani, and forms the basis of a submission from the environmental group to a Senate Economics References Committee currently examining the “Governance and Operation of the Northern Australia Infrastructure Facility”.

Noting that a number of unknown commercial factors made definitive third-party assessment problematic, ACIL Allen found there were multiple reasons why a public loan from the Northern Australia Infrastructure Facility appeared risky……..

ACIL Allen also highlighted a contradiction between the Infrastructure Facility’s rationale, which is to provide finance to economy enhancing infrastructure projects that are unable to secure private capital funding, while also relying on the project principals’ assurances that adequate private investment will become available for the mine to go ahead.

“It is not clear how the Northern Australia Infrastructure Facility could meet the direction from government that there be an expectation of full repayment of the loan with interest, while providing support only if commercial financiers do not provide sufficient finance for the project to proceed. It seems that the expectation could not be high if sufficient private sector finance is not forthcoming.”….

ACIL Allen said amid the uncertainties, “one thing is clear” about the project. “The substantial decline of thermal coal prices since 2011 has stripped in excess of $A40 per tonne from profit (after adjusting much larger US$ price declines for depreciation of the $A). This has raised doubts about the likelihood of any significant surplus of revenue over full costs (including a reasonable risk-adjusted rate of return on investment) in medium- and long-term timeframes.”http://www.theage.com.au/federal-politics/political-news/adani-loan-too-much-of-a-risk-for-taxpayers-according-to-independent-study-20170731-gxmarj.html

August 2, 2017 Posted by | AUSTRALIA - NATIONAL, business, politics | Leave a comment