Climate Change - Coal the bad guy -Not oil or conventional gas.
- Thread starter Goober
- Start date
More correctly, a paternalistic or male dominated paradigm. This is a complete imbalance and is manifest in the environment degradation we have now, as personified by islands of garbage floating in the ocean that are twice the size of Texas.
Garbage Island - YouTube
Interesting how this paternalistic imbalance is affecting female reproductive process.
If it hasn't happened by yesterday, don't hold your breath waiting for it to exist in tomorrowland..
He reminds me of Eddie Murphy.
Power firms face $4bn carbon slug
ELECTRICITY generators have warned that they face a cashflow crunch of hundreds of millions of dollars to buy carbon tax permits as the latest greenhouse gas emissions figures suggest almost $4 billion of the $7.7bn to be raised in the first year of the policy will come from power companies.
Data from the Climate Change Department yesterday shows the power generation sector accounted for about 170 million tonnes of carbon dioxide emissions in the 2010-11 financial year, which could mean a carbon tax bill of $3.9bn if repeated next year.
The latest greenhouse emissions figures show the nation's top five carbon dioxide emitters in 2010-11 were all coal-fired power generators. But as the government assembled the carbon pricing package, emissions from the sector fell about six million tonnes over the previous 12 months.
The two NSW state-owned generators - Macquarie Generation and Delta Electricity - were the two biggest emitters in 2010-11, with 20.3 million tonnes and 19.8 million tonnes in CO2 emissions respectively.
If the same emissions levels were repeated next year, Macquarie would face a carbon tax bill of more than $466m and Delta would pay $455m, based on the government's starting carbon price of $23 a tonne from July.
The companies said yesterday they would try to recoup the cost through higher electricity prices, but because prices are set by bids in the national electricity market, they are uncertain how much they will be able to recover.
Mr Warren said the Investor Reference Group estimated that electricity generators would need to hold positions on $6bn worth of forward permits to maintain current levels of electricity contracts.
But a spokesman for Climate Change Minister Greg Combet said the government had announced it would make loans available to generators for the forward purchasing of carbon permits. This was in addition to $5.5bn in assistance for the emissions-intensive generators.
The mid-year budget update had shown the carbon price would raise $7.7bn in 2012-13, Mr Combet's spokesman said. "Electricity generation is one of the most pollution-intensive sectors of our economy," he said.
Power firms face $4B carbon slug
When electricity prices double because of required carbon credits the do-gooders will do A) quit using electricity or B) demand an end to carbon offsets Or C) meekly pay the bill and push for more electric cars charged by coal fired plants.
I made my vehicle green and CO2 emission free.
I took off the catalytic converter now it only puts out non-GHG CO.
HOORAY for carbon monoxide!
I took off the catalytic converter now it only puts out non-GHG CO.
HOORAY for carbon monoxide!
...... or cut back on consumption.
...... or start generating their own electricity.
...... or just suck up the cost and keep dumping effluent into the water, ground, and air.
CO modulates generation of tropospheric ozone and methane.
Snivelling about how you fell for the 'clean smelter" crap? Why would I snivel over something like that?
I said it had cleaned up its act. IOW it's a lot cleaner than it was, idiot.
yeah sniveling.