| Coal chief's fears on permits |
 |
 |
 |
| Fossil Fuels - Coal |
| Tuesday, 12 August 2008 17:36 |
|
Adelaide Advertiser Monday 21/7/2008 Page: 61 Xstrata Coal chairman Peter Coates is concerned there will not be enough free permits to protect industry under the Rudd Government"s emissions trading scheme. Mr Coates, who also sits on the boards of Santos and the Minerals Council, said the impact of that would be big for Xstrata and its shareholders. "I couldn"t tell you the exact impact because we don"t know what the carbon price will be," he told Sky News. "All I can say is there will be an impact." Mr Coates said the Government planned to allocate about 30 per cent of permits released to the emissions intensive trade exposed area. Of that, about 12 per cent will be given to farming with the balance for industry, he said. "Our only concern is there will not be enough to properly protect industry because, at the end of the day, our overriding concern as Australians is we have to make sure there is no carbon leakage," he said. "We have to make sure we don"t drive carbon intensive industry offshore. That is to no one"s advantage." Mr Coates said the developed world was driving coal use. There was no slowdown in sight, with coal use expected to rise 70 per cent by 2030. "There is no solution to this issue without a clean coal solution. The Government knows that." he said.
|
Recycling Waste Heat Via CogenerationSolve Climate has an interesting post on cogeneration in the US and the - Co-Generation: Clean as Wind, Reliable as Coal. The title isn"t strictly true - while it can improve the efficiency of many forms of power generation, CHP... Read more Coal | | Saturday, 13 September 2008 |
Clean Loy Yang costs huge Herald SunWednesday 27/8/2008 Page: 62THE boss of one of Victoria"s biggest power plants says it will be "very, very tough" for the state"s brown coal-fired electricity generators to cut carbon output by 20 per cent by 2020 to meet Rudd... Read more Coal | | Thursday, 11 September 2008 |
Hawaii Swaps Coal Power Plant for Biomass Power plants swapping their coal for renewable fuel sources seems to be a growing trend, and Hawaii looks to add this idea to the host of other sustainable practices the state has been implementing. Hawaii has just finished a... Read more Coal | | TUSEDAY, 2 September 2008 |
A huge bet on coal seam gasBG"s drawn out takeover attempt for Origin Energy has finally bitten the dust, with Origin instead selling a large stake in its coal seam methane (coal seam gas) assets to Conoco Phillips, with the gas destined for a large LNG... Read more Coal | | Wednesday, 10 September 2008 |
Our coal emissions are worstHerald SunFriday 29/8/2008 Page: 7AUSTRALIANS continue to lead the world on creating emissions from burning coal, pumping the equivalent of 10 tonnes of carbon dioxide a year per person, a global study has shown. The Centre for Global Development, a... Read more Coal | | Septemberonday, 15 September 2008 |
Coal To Plastic In ChinaMy recent post on bioplastics had one commenter at TOD noting that China is looking at producing plastic from coal (and that Pakistan claims to have the world"s 4th largest coal reserves).Given China"s interest in coal to liquids I thought... Read more Coal | | Septemberonday, 1 September 2008 |
Coal-fired stations too risky, says AGLSydney Morning HeraldThursday 21/8/2008 Page: 4ONE OF the country"s largest electricity suppliers has said buying the state"s coal-fired stations ranks as a low priority because of the financial risks of carbon emissions trading. The managing director of AGL Energy, Michael... Read more Coal | | TUSEDAY, 9 September 2008 |
Reliance on coal could scuttle usAgeFriday 18/7/2008 Page: 13It would be shortsighted of Australia to rely on coal and not other energy sources.THE Rudd Government"s green paper on a "carbon pollution reduction scheme", and the methods to achieve this reduction, have some strongly innovative elements.... Read more Coal | | Augustonday, 11 August 2008 |
|
More in: Coal |
|
100% - + 8Show options | |
