THE NEWS

Wybong Action Group Incorporated 


Open Cut Coal - destroying human life and the atmosphere, the waters and the earth needed to sustain human life. 

"And the nations were angry, and thy wrath is come, and the time of the dead, that they should be judged, and that thou shouldest give reward unto thy servants the prophets, and to the saints, and them that fear thy name, small and great; and shouldest destroy them which destroy the earth."  Rev 11: 18

A growing population cannot derive food or drink from land or waters degraded by Open Cut Coal Mining and Coal Seam Gas Extraction.

 NEWS

WAG News

The debt bubble has to burst

Date: 09-Mar-10
Author: Karen Maley
But while the markets continue to party, one dark thought presents itself. What happens if someone looks outside and sees that the real US economy is still in deep trouble? It is plagued by high unemployment, continuing weakness in the housing market, and faces mounting problems in commercial real estate that threaten to further destabilise the banking system.

What happens when the penny drops that massive government spending packages, combined with unprecedented money printing by central banks, have not produced a sustainable economic recovery?

As RBS strategist Bob Janjuah points out in his latest newsletter, the "gap between the fantasy in markets...versus the reality of the real economy/private sector, is already worryingly large, but risks becoming dangerously large." Once again, markets are mispricing risk. In their frantic pursuit of high returns, investors are oblivious to the true risks they're taking.
The conclusion is inevitable; the bubble must burst. And Janjuah fervently hopes that that this happens sooner, rather than later. "The longer we are forced to wait, the bigger the bubble will be and the more horribly damaging the bursting process will be. And if we are forced to wait and the bubble gets anywhere like the one that went pop in late 2007 I have zero idea who will credibly be able to bail us all out the next time round. Certainly not our governments."

Australias coal renaissance

Date: 09-Mar-10
Author: Bernard Keane
Australia is set for a renaissance in coal-fired power, with up to 12 new coal-fired power stations planned across the country. According to information collated by Greenpeace, new coal-fired plants are under construction, planned or proposed in all states except Tasmania.

A tangled web for NSW power

Date: 09-Mar-10
Author: Keith Orchison
Built as coal burners, the new plants would emit between 10 and 12 million tonnes of greenhouse gases a year. A set of state-of-the-art combined cycle gas burners would emit less than half as much carbon dioxide (Australia's coal renaissance, March 8)

Brown & Anor v Coal Mines Australia; Alcorn & Anor v Coal Mines Australia Pty Ltd

Date: 06-Mar-10
Author: Supreme Court NSW
**** A MASSIVE DECISION UPHOLDING LANDHOLDER RIGHTS OVER EXPLORATION **** Ed

Orders:
The decision of the Warden's Court as well as the determination which accompanied it and the interim and final determinations of the arbitrator, be quashed and set aside.
The usual order is that the defendant bears the plaintiffs' costs of the proceedings.

Major Supreme Court win for CCAG and Landowner Rights against Coal Exploration

Date: 06-Mar-10
Author: Dr Pauline Roberts - CCAG
[Congratulations CCAG from Wybong Action Group and Rural Landownersthroughout NSW. Ed.]
WATERSHED DECISION TO HOLD MINERS MORE ACCOUNTABLE
Liverpool Plains farmers win Supreme Court case against BHP Billiton

In a landmark judgment, the NSW Supreme Court today found in favor of two Liverpool Plains farmers who challenged the right of BHP Billiton to enter their farms to explore for coal.
The decision has broad implications for all mining companies seeking access to private land in NSW to conduct exploration and exposes serious deficiencies in the way the current regime deals with environmental protection.
Supreme Court Justice Schmidt ruled that the Chief Mining Warden had erred in a number of ways when, last May, he granted BHP Billiton 'access arrangements' to explore for coal on the properties of the Brown and Alcorn families at Caroona.
Justice Schmidt found the 'access arrangements' had been granted in clear breach of the requirements of NSW Mining Act and, as such, were invalid. She said:
"I order that the decision of the Warden's Court as well as the determination which accompanied it and the interim and final determinations of the arbitrator, be quashed and set aside." (Justice Schmidt - NSW Supreme Court, 5 March 2010)
CCAG spokesman Tim Duddy said: "This is a watershed decision for NSW which will force mining companies to be properly accountable to the environment in a way they've never been required to before."
"It confirms what this community has said from the outset, that is, landholders have been denied fairness and justice in the way 'access agreements' have been imposed on them by the old Mining Warden's Court."
"We welcome this decision and look forward to the NSW Government now reviewing all of the processes governing mining and exploration in this State to ensure the environment and the rights of landholders are no longer treated as less important," Mr Duddy said.
A key component of the Supreme Court decision was the finding that mining companies must inform all landholders - including banks and other mortgagors - that they intend to seek access to specific lands to conduct exploration. Not doing so in relation to the Brown and Alcorn properties represented a breach of the NSW Mining Act.
It is believed to be common practice for mining companies not to notify mortgagors when seeking to enter properties under the Mining Act meaning a large number of other 'access arrangements' currently being used by miners may also now be invalid.
Justice Schmidt also made other important findings related to the conditions which are able to be imposed on mining companies in 'access arrangements' to provide better protection for the environment and rights of landholders.
- THANK YOU TO EVERYONE IN THE COMMUNITY AND BEYOND, AND IN PARTICULAR THE AUSTRALIAN FARMERS FIGHTING FUND, WHO HAVE SUPPORTED THIS FIGHT FOR OUR CLEAN FOOD AND WATER SUPPLIES.
The CCAG Committee

Network to monitor dust from new Upper Hunter power station

Date: 06-Mar-10
Author: JULIEANNE STRACHAN
Department of Environment and Climate Change would establish a dust monitoring network in the Upper Hunter, to look at whether the community was negatively affected by dust.


"Data is inconclusive as to whether the Upper Hunter has higher rates of respiratory illness than other areas of NSW," she said.


"It's not conclusive."


But Upper Hunter resident Bev Smiles said the station would more likely be run on coal and would contribute to air pollution.


"It will mean on-going devastation of the Hunter Valley and the coalfields to the west in the Gunnedah basin," she said.


"Until we have the air monitoring stations set up we won't have that baseline data but what we do know is that this is doubling the size of the power station.


"If it's coal, then there's known toxic emissions from coal-fired power stations and if it's gas then there's emissions from burning fossil fuels."

New power station approved for Hunter

Date: 06-Mar-10
Author: JULIEANNE STRACHAN
THE Upper Hunter will get another baseload power station, after the NSW Government approved yesterday Macquarie Generation plans for "Bayswater B".

The private sector is expected to build the 2000 megawatt station, now the Government has cleared the way by granting "concept approval" for either gas or coal.


Planning Minister Tony Kelly said yesterday the state would allow new baseload stations at Bayswater, near Muswellbrook, and at Mount Piper, near Lithgow.


"The [Bayswater B] facility will help secure long-term energy supply in NSW and provide a boost to the Hunter economy," Mr Kelly said.


"Up to 1000 construction jobs and around 160 operational jobs could be created."


The station will be built near the existing Bayswater power station.


Mr Kelly said he expected the private sector to lodge its own specific designs for the power station, including fuel source, before approval for construction.

Jerrys Plains Gassed

Date: 06-Mar-10
Author: BY IAN KIRKWOOD INDUSTRIAL REPORTER
A MASSIVE plume of orange dust sent skywards after blasting at the Hunter Valley Operations open-cut coalmine near Jerrys Plains is being investigated by authorities.

The dust plume was seen and photographed on Friday afternoon by Newcastle environmentalist Brian Purdue, who was driving along the Golden Highway at Jerrys Plains when it came into view.


"It seemed pretty enormous to me but I wasn't sure how often this sort of thing happened," Mr Purdue said.


Hunter Valley Operations is owned by the Rio Tinto subsidiary Coal & Allied, and spokeswoman Alison Smith said Friday's incident was "highly unusual".


"A yellow to orange plume is occasionally visible immediately after a blast, but is quickly dispersed by the wind," Ms Smith said.


"The colour comes from the interaction of water with the explosive material, or interaction with some clay material.


"The wind direction was considered prior to firing, but the density of the plume was extremely unusual.


"We have contacted the explosives supplier to help us determine the cause, and to discuss possible mitigation methods to ensure it does not happen again."


Dust and blasting noise have been major points of dispute between the coal industry and Hunter Valley horse studs.


Henry Plumptre, the managing director of Darley Australia, said the photograph was "unusual" but "dust from the spoil piles and the pits themselves are a daily occurrence".


"Flying in from Sydney the dust is particularly noticeable close to Muswellbrook," Mr Plumptre said.

Judge who criticised Labor refused court job

Date: 06-Mar-10
Author: Joel Gibson
THE career of a judge who criticised NSW Labor's dealings with donor developers is hanging in the balance after the government knocked back a request from the state's Chief Justice for him to work in the Supreme Court's short-staffed equity division.

The Attorney-General, John Hatzistergos, is refusing to explain why Justice David Lloyd's commission was rejected.

But the opposition says it appears to be political payback against a public servant who held the government to account.

Justice Lloyd angered the government last year when he described its secret negotiations over the state's biggest housing development as a ''land bribe''.

He ruled that the former planning minister Frank Sartor was biased when he approved projects for the Rose Group, an ALP donor, in Catherine Hill Bay and Gwandalan because he had agreed to look kindly upon them in exchange for 300 hectares of conservation land.

Experts undervalue the environment: Henry

Date: 06-Mar-10
Author: Peter Martin
THE Treasury boss Ken Henry has taken a swipe at the work of his own department and that of others on valuing the environment, saying much of it is flawed and fails to give proper weight to retaining Australia's unique biodiversity.

Fresh from producing the as-yet-unreleased Henry Tax Review and amid preparations for this year's budget, Dr Henry told an environment conference in Sydney that the part of his intergenerational report that had received the least attention was the section on environmental sustainability.

But not only did the wellbeing of future generations depend on the resources left to them by this generation, the environment was likely to become more important to them than it was to us.

Coal or Agriculture- ABC Radio - Nikki Williams propaganda

Date: 06-Mar-10
Author: 2BL - 702 - ABC
Coal or Agriculture- ABC Radio - Nikki Williams propaganda

WalMarts carbon ultimatum

Date: 04-Mar-10
Author: Giles Parkinson
Last week, the world's largest retailer, WalMart, laid down a challenge to its more than 100,000 suppliers around the world: it told them it intends to cut 20 million tonnes of carbon dioxide emissions from its supply chain within five years....
Woolworths has committed to cutting its emissions from stores and distribution centres by 40 per cent below business as usual by 2015, and by 25 per cent on a per square metre measure....
Bunnings has declared it will be "carbon neutral" by 2015, which it will achieve by cutting energy usage, trialling microgeneration of wind and solar on its rooftops, buying renewable energy and considering carbon offsets,....

Cars just got cleaner and faster

Date: 04-Mar-10
Author: Paul Gilding
....You could also have a car that plugs into the grid when you're not driving it. This means when the power is cheap because demand is low you will be able to charge your car. When there is high demand and power is expensive you can sell it back to the grid and make a profit. So your car effectively becomes a power station and you become a mini power company. An additional benefit of this is that the car fleet acts as a giant battery, enabling storage of intermittent renewables like solar PV and wind power.

By the way, they are also dramatically cheaper to run because electricity is so efficient at energy conversion....
when people come to believe that the electric car is going to be the clear winner, they will suddenly realise their old petrol car will have close to zero resale value within a few years. At that point there will be a rush to go electric, to avoid the inevitable price collapse in second hand petrol cars. This will of course be self-reinforcing when it takes off.

Of course we can't be sure which technologies, business models and companies will succeed. What we can now safely accept however is that with so many people and so much money focused on making this work, the time has clearly arrived when the internal combustion engine is heading for a rapid sunset.

Let your mind run over the implications of that for the oil industry and peak oil.

Mines and power go together to destroy Australia

Date: 04-Mar-10
Author: Keith Orchison
Regulation of residential retail power bills covers 28 percent of electricity supply in some States, it points out, and is "at or below" the cost of production. "This raises the question of possible cross-subsidies which could ultimately distort expansion and upgrade decisions and represent a significant chill on (power) investment."

On business as usual projections, Australia will need to increase its electricity generation by around 13,000 to 15,000 MW - above the existing 45,000 MW capacity - by 2020, the council says, at a cost of at least a billion dollars for each gigawatt (1,000 MW). "Yet the retail price structure for a significant share of the customer base is capped. It is difficult to see how the necessary investment will emerge without reforms to current arrangements.".... [If the mongrel bastards want the community to shell up for their power then let them provide the community FREE electricity - after all they don't share their profits with anyone but the greedy shareholders. Ed]

Scientists Call for Moratorium

Date: 04-Mar-10
Author: ScienceDaily (Jan. 8, 2010)
The authors -- hydrologists, ecologists and engineers -- are internationally recognized scientists, including several members of the National Academy of Sciences. They argue that the U.S. should take a global leadership role on the issue, as surface mining in many developing countries is expected to grow extensively in the next decade.

"The scientific evidence of the severe environmental and human impacts from mountaintop mining is strong and irrefutable," says lead author Dr. Margaret Palmer of the University of Maryland Center for Environmental Science and University of Maryland, College Park. "Its impacts are pervasive and long lasting and there is no evidence that any mitigation practices successfully reverse the damage it causes."

Older

Gas-related News from Get your Australian Business News at wotnews.com.au

Business Spectator resources & energy
Shell, PetroChina may pursue AGL assets
10-Mar-10 02:16

AGL's coal seam gas assets may be next if Arrow deal proceeds. 10 Mar 2010 4:20 PM

The Australian Business News
Giants eye $1.3bn in AGL assets
09-Mar-10 23:00

ROYAL Dutch Shell and PetroChina's joint tilt for Arrow Energy could be followed up by a $1.3 billion bid for AGL's gas assets.

Business Spectator construction & engineering
AJ Lucas receives $98.5m cash for sale of stake in ATP651
08-Mar-10 15:21

AJ Lucas receives $98.5m cash for sale of stake in ATP651... 08 Mar 2010 16:21 PM

Business Spectator professional services
AJ Lucas settles sale of coal gas permit
05-Mar-10 17:46

Mining services provider says received ...

TheBull
AJ Lucas settles sale of coal gas permit
05-Mar-10 16:06

Mining services provider AJ Lucas Group Ltd has settled the sale of its 15 per cent interest in a coal seam gas permit in Queensland.

iStock Analyst
AGL enters into conditional arrangements to construct Macarthur Wind Farm
02-Mar-10 23:48

Australian integrated energy company AGL Energy has entered into conditional arrangements for the construction of Macarthur Wind Farm in southwest Victoria. The Macarthur Wind Farm will reportedly be ...

ASX Newbie
AGL’s New Windfarms
02-Mar-10 11:48

A day after revealing a solid inter profit, AFL Energy has revealed plans to go deeper into wind energy. On Friday the company revealed a 22% rise in underlying earnings ...

Share Cafe
AGL's New Windfarms
02-Mar-10 10:04

A day after revealing a solid inter profit, AFL Energy has revealed plans to go deeper into wind energy.

Yahoo!7 Finance News
AGL's New Windfarms
02-Mar-10 08:10

A day after revealing a solid inter profit, AFL Energy has revealed plans to go deeper into wind energy.On Friday the company revealed a 22% rise in underlying earnings and ...

Australasian Investment Review
AGL's New Windfarms
02-Mar-10 00:31

A day after revealing a solid inter profit, AFL Energy has revealed plans to go deeper into wind energy. On Friday the company revealed a 22% rise in underlying earnings ...

Brisbane Times
Wind blows again for AGL
01-Mar-10 23:03

AGL has backed away from a threat to scrap its $800 million Macarthur wind farm, the largest in the southern hemisphere, after the federal government proposed changes to its troubled ...

Sky News Business
AGL ready to start building windfarm
01-Mar-10 20:53

AGL has said it's ready to start building an $800 million windfarm in response to the federal government's shift in climate change policy.

Bigpond business & finance
AGL ready to start building windfarm
01-Mar-10 20:47

AGL says it's ready to start building a windfarm in response to the govt's shift in climate change policy.

ASX Newbie
Earnings Season Over: Better Than Forecast
01-Mar-10 13:44

The Australian December half profit reporting season is now essentially complete. While results have been a bit mixed over the last week or so, the overall impression has been strong, ...

Business Spectator resources & energy
AGL revives plan to build Macarthur wind farm
01-Mar-10 09:49

Energy retailer's decision follows changes to renewable scheme. 1 Mar 2010 4:40 PM

Yahoo!7 Finance News
Earnings Season Over: Better Than Forecast
01-Mar-10 08:12

The Australian December half profit reporting season is now essentially complete.While results have been a bit mixed over the last week or so, the overall impression has been strong, suggesting ...

Sky News Business
AGL backs beleaguered ETS
01-Mar-10 06:39

The head of AGL Energy says the Federal Government's planned Carbon Pollution Reduction Scheme is the most sensible option for tackling emissions.

Bigpond business & finance
AGL backs beleaguered ETS
01-Mar-10 06:39

The head of AGL Energy, Michael Fraser, has backed the government's ETS as the best way to tackle emissions.

TradingMarkets.com
Wind blows again for AGL
01-Mar-10 06:20

Following an announcement by Australian Climate Change Minister Penny Wong on renewable energy certificates, a major wind farm project in Victoria is back on track. Proponent AGL Energy has ...

Australian Newspapers
Fairfax appoints three new directors
27-Feb-10 09:22

Fairfax Media has appointed three new directors: Sandra McPhee, Linda Nicholls and Sam Morgan. Ms McPhee, from Sydney, is a director of AGL Energy, Kathmandu Holdings Limited, Tourism Australia, St......

Sky News Business
AGL first half underlying profit up 22%
27-Feb-10 03:35

AGL Energy Ltd has posted a 22% rise in first half underlying profit and has maintained its full year guidance as it expects a weaker second half.

New Zealand Herald Business
Aussie energy changes
27-Feb-10 02:00

SYDNEY: Australia's largest electricity retailer has welcomed changes to the federal government's renewable energy target scheme.AGL Energy managing director Michael Fraser said yesterday the changes ...

Business Day
AGL makes more at the margins
27-Feb-10 00:11

AGL Energy has raised its interim dividend after higher margins in its power retailing business drove better than expected first-half profits.

Yahoo!7 Finance News
More turbines for Hallett wind farm
26-Feb-10 15:28

Another 25 wind turbines will be added to AGL Energy's wind farm at Hallett in the mid-north of South Australia.