Post by rob52 on Apr 9, 2016 20:08:34 GMT -5
Well I was given a copy of this to read....
Big Coal: Australia's Dirtiest Habit
Guy Pearse David McKnight Bob Burton
Paperback, University of New South Wales Press
272 Pgs
isbn-10: 1742233031, isbn-13: 9781742233031
There is a bit about it on the WEB.
SMH Article
"
it's time Australians thought much more about coal. Our future is increasingly tied up in it. About 75 per cent of our electricity is from coal-fired plants. Australian coal exports constitute one-third of the world's seaborne coal trade. This increasingly feeds the power plants and steel mills of India and China, both responsible for much of the increasing global greenhouse emissions. Because climate change is global, the consequences of burning coal in Mumbai or Shanghai are the same as burning it in Victoria. That is why it is important to take a critical look at Australian coal exports, as well as the domestic burning of coal.
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There are two additional reasons why our coal exports are a problem. First, there is a significant degree of hypocrisy in Australia, where the use of green energy is encouraged at home while huge profits are made from exporting dirty coal. The greenhouse emissions from our coal exports nullify any planned emission reductions within Australia, many times over.
Our sea water is 30 per cent more acidic than in pre-industrial times.
The coalmining industry is about 80 per cent foreign-owned, according to the Reserve Bank, and therefore most profits eventually go offshore. The industry claims that much is spent on employing people. In reality, the coal workforce of about 50,000 is a tiny part of an Australian workforce of more than 11 million.
this contributes to a "two-speed" economy that disadvantages the majority of Australians who do not work or directly benefit from mining.
But the most radical consequences of our expansion of coalmining are yet to come. The need to prevent this was summed up by the former head of NASA's Goddard Institute for Space Studies, James Hansen, who endorsed our book. "Kicking Australia's coal habit is the greatest gift Australians could give to everybody's children, future generations and other life on the planet," he said.
David McKnight is a research fellow at the University of NSW and co-author of Big Coal: Australia's Dirtiest Habit. His co-authors are Guy Pearse and Bob Burton.
"
50,000 direct mining employees maybe....they seem to have conveniently forgotten that there are a lot of down stream industries......splutter.....cough...oh sorry I forgot the down stream industries have moved to China & India where labour works for $15 per month.
Onesteel/Arrium appears sunk
Arrium Debt Burden
=>> "Arrium owes more than $2 billion to a syndicate of 20 lenders, including the big four Australian banks, but has been crippled by a drop in the prices of iron ore and steel."
So is that it for Steel Manufacture in Australia??....Newcastle BOS capability gone, BOS & rolling mills parked up at Port Kembla, Wyalla?
....."Shares in Arrium last traded at 2c each"....the vultures are circling to pick over the carcus.
& No Ford, No Holden etc
Meh...Australia just becomes the quarry for the world....with an aging population on Superannuation Benefits paying no tax and receiving their 30% franking credits on fully franked dividends as set up by John Howard...ridiculous really.
Rob
Big Coal: Australia's Dirtiest Habit
Guy Pearse David McKnight Bob Burton
Paperback, University of New South Wales Press
272 Pgs
isbn-10: 1742233031, isbn-13: 9781742233031
There is a bit about it on the WEB.
SMH Article
"
it's time Australians thought much more about coal. Our future is increasingly tied up in it. About 75 per cent of our electricity is from coal-fired plants. Australian coal exports constitute one-third of the world's seaborne coal trade. This increasingly feeds the power plants and steel mills of India and China, both responsible for much of the increasing global greenhouse emissions. Because climate change is global, the consequences of burning coal in Mumbai or Shanghai are the same as burning it in Victoria. That is why it is important to take a critical look at Australian coal exports, as well as the domestic burning of coal.
Advertisement
There are two additional reasons why our coal exports are a problem. First, there is a significant degree of hypocrisy in Australia, where the use of green energy is encouraged at home while huge profits are made from exporting dirty coal. The greenhouse emissions from our coal exports nullify any planned emission reductions within Australia, many times over.
Our sea water is 30 per cent more acidic than in pre-industrial times.
The coalmining industry is about 80 per cent foreign-owned, according to the Reserve Bank, and therefore most profits eventually go offshore. The industry claims that much is spent on employing people. In reality, the coal workforce of about 50,000 is a tiny part of an Australian workforce of more than 11 million.
this contributes to a "two-speed" economy that disadvantages the majority of Australians who do not work or directly benefit from mining.
But the most radical consequences of our expansion of coalmining are yet to come. The need to prevent this was summed up by the former head of NASA's Goddard Institute for Space Studies, James Hansen, who endorsed our book. "Kicking Australia's coal habit is the greatest gift Australians could give to everybody's children, future generations and other life on the planet," he said.
David McKnight is a research fellow at the University of NSW and co-author of Big Coal: Australia's Dirtiest Habit. His co-authors are Guy Pearse and Bob Burton.
"
50,000 direct mining employees maybe....they seem to have conveniently forgotten that there are a lot of down stream industries......splutter.....cough...oh sorry I forgot the down stream industries have moved to China & India where labour works for $15 per month.
Onesteel/Arrium appears sunk
Arrium Debt Burden
=>> "Arrium owes more than $2 billion to a syndicate of 20 lenders, including the big four Australian banks, but has been crippled by a drop in the prices of iron ore and steel."
So is that it for Steel Manufacture in Australia??....Newcastle BOS capability gone, BOS & rolling mills parked up at Port Kembla, Wyalla?
....."Shares in Arrium last traded at 2c each"....the vultures are circling to pick over the carcus.
& No Ford, No Holden etc
Meh...Australia just becomes the quarry for the world....with an aging population on Superannuation Benefits paying no tax and receiving their 30% franking credits on fully franked dividends as set up by John Howard...ridiculous really.
Rob