rss
74

Peter Garrett: Back on centre stage to fight Adani, push for 100% renewables

Print Friendly

coral not coal

A fortnight ago, Riverside Stage in Brisbane was rocking (in the rain) to the sounds of Midnight Oil and its front man Peter Garrett, cranking out the band’s best tunes of the past 40 years as part of their three-month Return of Midnight Oil tour.

It was a great concert, even if it was wet. Garrett, now 64, retains phenomenal energy, and his voice – possibly thanks to that decade-long interlude in federal politics – has barely diminished. And neither has his passion for environmental issues.

Wearing “Stop Adani”  and “Coral not Coal” t-shirts, Garrett’s constant theme through the evening was the protection of the Great Barrier Reef, the stopping of the massive coal projects in the Galilee Basin, and the push to 100 per cent renewable energy. The crowd of 15,000 roared its approval.

We couldn’t help thinking what might have been had Garrett remained such an imposing figure on the outside of politics during the 10 years from 2004 when he was in parliament, struggling to influence the formidable Labor machine, and as the so-called “climate wars” broke out.

We may be about to find out.

This week, Garrett was at the National Press Club taking the message to a different arena. In an impassioned speech – you can read it in full here on his website – Garrett said the Adani coal project “cannot be allowed to happen” and promised he would be in the front line to stop it.

“There is nothing about this project that doesn’t stink to high heaven,” Garrett said.

“And yet amazingly, the government’s own Northern Australia Infrastructure Facility is considering giving a $1 billion concessional loan, i.e. taxpayer money, to Adani for a rail line from the mine to Abbot Point on the Reef coast.”

Of the unrestricted water rights given to the project, he said: “It’s so preposterous it’s hard to believe. Semi-arid Australia is, in effect, exporting water to India. And to add insult to injury, Adani is getting the water for free.”

He went on:

“The future is here and it’s positive: Solar, not coal. Clean jobs not dirty ones. It’s utilising the ever-present power of the sun in a sunburnt land instead of digging up the very stuff that is stoking the flames of a warming planet.

“Right now, we face a choice: Shall we move beyond the age of coal and secure the future of the Reef? Or do nothing for a few more years and lose our most precious natural asset?”

20171024001321366829-minihighres

Garrett said Australia needed to phase out coal-fired power stations by the early 2030’s, and switch to 100% renewable energy.

“It means an orderly phased transition in coal mining areas. It means ending fossil fuel subsidies that support dirty energy. And it means supporting a national renewable energy target to turbo charge the renewable energy boom.

“If this means putting ourselves on the front line to stop the mine going ahead so be it. If it means exercising our democratic freedoms, engaging in peaceful civil disobedience, even going to gaol, that is a step I, and I expect many others are willing to take.”

He was withering in his condemnation of the Abbott and Turnbull governments – for their failure on climate policy, and their destruction of marine parks (that Garrett had worked so hard to establish during his time as environment and environment protection minister).

“The Abbott government’s changes were bad, but the Turnbull government’s are far worse. The proposed changes would be the largest removal of areas from protection ever by any government.

“Malcolm Turnbull is trashing the Liberals’ marine park legacy and caving in yet again to a minority in his party that better approximate the punk band Suicidal Tendencies. Our seriously stressed ocean environments deserve better, much better.”

And he took on the moral equivalence of his former colleagues in Labor, who have refused to stand in the way of the Adani project:

“The Labor party must decide which side of this debate it is on, and provide a clear alternative to the mad, anti-science climate culture wars that permeate the conservative parties at the present time.”

It is clear that Garrett and Labor were powerless to stop what Garrett once described as the “row of younger, seriously hardline rightwing climate sceptics sitting on the other side of the parliament” from trashing their policies – notably the carbon price and the renewable energy target.

The destruction continues. The Coalition is keen for Adani, despite its threat to more than 60,000 jobs and $7 billion in annual tourism earnings, and even wants to build a new coal generator in north Queensland, despite even the Energy Council of Australia saying it was a dumb idea.

3392790001_1f06a406a3_zGarrett may have more power and influence now that he is outside parliament. It was the missing ingredient at the height of the climate wars, which was largely fought within the confines of the parliamentary chambers and the press gallery.

Garrett wants to change that. The Midnight Oil tour, its first in 15 years, attracting hundreds of thousands, including in Townsville, was not just about a band reformed. It was a push for action.

“Many young Australians, and numerous local, regional and national conservation and climate action groups are already working hard to stop Adani and save the Reef,” Garrett told the National Press Club.

“This is true 21st century patriotism, acting on the local scale for the local and global good. They need support from you in the media, political parties, the corporate sector, from communities and individuals across the nation.”

He might have to push far beyond mainstream media. Apart from a few paragraphs in The Guardian at the bottom of a story about the Coalition MP Craig Kelly wanting to kill the renewable energy target right now, there was little or no mention of Garrett’s appearance (or at least we can’t find any on Google).

Indeed, Garrett is more likely to attract media attention from those complaining about his record as a politician and as a minister, than on his public advocacy outside of the political mill.

Will Garrett be more successful on centre stage as a lead singer and an activist than he was as environment minister? The chances are that he will be, and it might say a lot about Australia’s political system, and the choices Garrett made, if he is.

As he concluded in his speech, from that immortal line from the song Beds are Burning. “The Time has Come” to test that theory. Cos Canberra can’t fix it.  

Share this:

  • Maybe he will return as an Independent and show others how to lead.

    • RobertO

      Hi RobSa, no keep him out of Fed Gov and he will be much more influential on where we need to be going. Our shock jocks get to much traction on the radio network with the lies that they tell, the misinformation that they peddle and the TV is just as bad, one idiot on sky news said that we have zero renewable energy in this country and we do not produce any.

      • So he should be meeting with Independents, the Australian Greens and green community groups to bring influence to policy? Liaison and coordinate? What about writing articles for media? Should he do media appearances like a spokesperson? Can he help stop Adani and the current Premier of Queensland? Will he help lock up these climate criminals? Is that the sort of thing you would recommend to him?

        Mainstream broadcast media has been fracturing for years. I saw a segment from a primetime tv news broadcast and it seemed like childrens tv for those with attention disorders who like action movies. I don’t believe what conservatives, paid operatives or shock jocks says matters much, if at all.

        Technology will advance regardless pushing those voices and views further right and out of the picture, out of mainstream.

  • Joe

    I watched Peter Garrett’s address to The National Press Club on Our ABC. It was a brilliant speech and yet at the same time a depressing listen as he spoke in defence of The GBR. His speech was a rally call to arms that protecting The GBR is no longer a ‘spectator sport’. And on that point he is one with Bob Brown, the former Greens Leader, they will both risk jail in taking action to protect The GBR. The Franklin Dam protest and The Terania Creek protest were bitter confrontations as brave environmental defenders put it all on the line to defend our precious environment. And those brave defenders won the battle. These were national headlines making events and who today argues that it wasn’t right to save the river or to save the rainforest. The fight to save The GBR from Adani at the local level and from and climate change at the wider level, equally will be national headline stuff and it will go International as well. The GBR is a UNESCO World Heritage site that attracts visitors from all around the world. The whole world has an interest and a stake in saving The GBR. It will be the QLD state government, the Federal COALition and Adani vs The GBR and the rest of the world….I’m with The Reef and The World!

    • Alastair Leith

      Pity that the 50% of the GBR already dead before the 2016/17 bleaching events went unremarked (let alone campaigned on) by all the conservation groups in Australia (including ACF under Garrett). It seems that livestock and their owners are every bit the sacred cow in Australia that cows are in India.

      Livestock production in QLD are one hundred times the threat vector to the GBR and much more of direct problem to the central and southern reef, including the outer reef in all but the pristine northern waters, than Adani’s coal mine. Not that I’m trying to present a false dichotomy on campaigns and action, but it’s very interesting priorities from conservation groups.

      beef-the-reef-and-rugby-we-have-a-problem

  • Brunel

    Would not WA need to be connected to the Eastern states grid if WA is to have 100% clean electrons?

    • RobertO

      Hi Brunel, no way, you have more clean electrons per capita then the eastern states. Install all possible wind sites and you will have 5 or 6 time the amount of energy you need, put in only solar (less that 5% total land coverage) and a few batteries and you will have about 8 times what you need. You could if you want run all the aluminum smelters in the country (we would need to move them to WA) and still have spare capacity left over.

      • Brunel

        At what price?

        Wind turbines shut down when it gets too windy. That is why you would want a UHVDC transmission line from WA to NSW.

        • Peter F

          Fairly simple a combination of load control at the aluminum refinery and pumped hydro easily provides all the regulated power you need.

          • Brunel

            Pumped hydro in WA? What about when the population doubles?

          • Peter F

            According to Professor Blakers 400Ha of pumped hydro ponds would provide sufficient backup for SA. WA would need more because it doesn’t have an interconnector and peak demand is about 15% more than SA but the SWIS covers 260,000 sq km so that means that even if 1,000ha is needed that is 0.004% of the area. Alternatively they could build 3.5GW of solar thermal with 12 hours storage which would need about 12,000 Ha or 120sqkm or less than half the area of the Kalgoolie super pit leases .

          • Brunel

            Solar thermal? The point is what if you get 2 overcast days in a row. I think it would be extremely rare for 3 states (WA, NSW, Vic) to be overcast at exactly the same time – that is where UHVDC comes in handy.

            If it is raining heavily on Perth, it is not necessarily raining heavily on Sydney and Melbourne at the same time.

            Do not forget the sunset time difference. So when the sun is no longer over NSW solar farms, the sun is still over WA solar farms – thus able to supply Sydney with electricity every evening.

          • Peter F

            The capital and operating costs of HVDC are extremely high for the low usage it would receive. A new 2GW 200km line in India is US$520m. Lets say the cost of the line is split 3 ways converters cable and installation, a link all the way to Adelaide from Perth is 2,700km. That is around A$7-8bn total for a 2GW link. The maximum very low wind period in WA is less than 20 hours, in overcast solar thermal is as you say not much good but solar PV is usually reasonably effective and any system is still going to have some gas and diesel backup just as the current system does. If it was overcast for two or three days demand would be down and wind and solar would not be zero so you may need the equivalent of about 20 hours storage. I think detailed analysis would show that even less is needed.
            A combination of solar thermal pumped hydro and a small % of batteries would cost less and include generation which the link does not

          • solarguy

            If we use green, human and animal waste, we can store enough biogas to do the same job.

          • Peter F

            You are correct, we should use some of everything. Biomass becomes expensive if you have to start growing and transporting crops for it rather than use waste streams. Solar thermal is expensive if you need 20-30 hours storage and pumped hydro might be a long way from demand and suffer a lot of evaporation losses in WA, a combination with some batteries and demand response will be the eventual solution.

          • solarguy

            The last information I got on MSS from Solar Reserve was $134/kw for storage built. That’s cheaper than batteries.

          • Alastair Leith

            Evaporation isn’t an issue if a) cycling with 24 hours round trip for most of the year b) using seawater and c) cover your turkey nest dams in PV panels.

          • Joe

            Yes, my Solarman, we have been here before with the biogas. A sewage treatment works in every major city just waiting to hooked up to the Grid….it’s The COALition’s answer to baseload power…keep shiiting and keep powering, yes.

          • solarguy

            Somehow I don’t think your taking this shit seriously.

          • Alastair Leith

            And grow plantation corridors on cleared land, co-benefits of dryland salinity reduction, waterlogging reduction and regional employment.

          • Brunel

            Why is there an interconnector between SA and Vic if all electricity should be locally generated?

            Transmission lines do not cost money to operate. The construction cost is U$2.5 billion for an 1127 km long HVDC line that can carry 4 GW:

            https://www.economist.com/news/science-and-technology/21714325-transmitting-power-over-thousands-kilometres-requires-new-electricity

          • Peter F

            the US line is less than half the length of the WA to SA line and it will still need maintenance and it will still have losses over that distance and it still has to be paid for.
            Assume it averages 20% utilisation and 4% losses a 2GW line still has 300 GWhr per year in losses even at $45/MWhr that is $13m. It will cost about A$5b so annual interest and depreciation is about $440m and it still has to be staffed, inspected maintained etc overall cost about $650-750m per year. At 20% CF that is $200/MWhr. at an extremely optimistic 50% CF with correspondingly higher losses it is around $90 + the actual power cost.

          • Alastair Leith

            The other thing is that if you did rely on continental HVDC to cover for peak demand in Perth then you need a capacity on your HVDC of around 3500 MW to cater for a few days a year. Never pay that off.

          • solarguy

            The fact about solar thermal is that they can design for many days of storage. Molten salt only looses 1c/day, so 72hrs of storage is quite feasible and cost effective.

            I get your point on HVDC transmission, but there is only 3hrs difference and that means only 3hrs of energy transfer, so would it be worth the expense? I tend to think not.

          • Brunel

            There is already a transmission line from QLD to SA – a lossy AC one.

            Where is the molten salt gigafactory?

          • Alan S

            And increasing storage capacity involves building a bigger tank which can be done using local labour and materials., .

          • Alastair Leith

            Even this storage will run out during a week or two in winter when there’s a wind drought and low insolation from heavy cloud. That’s where biomass (not from forests though or its GHG emissions heavy) and biofuels start to get amongst the money because they’re energy dense to store and unlike other forms of storage you don’t need to cycle them everyday you can to pay them off.

        • RobertO

          Hi Brunel, You never asked about the prices only could you go clean electrons yes I answered (so easily yes). On price RE is cheaper overall, provided competition in the market place is kept up. You need to read up on RE pricing.

          By the way as with most people you have no yet put 2 and 2 together! “Wind power is a tranfer from the wind power to electrical energy!”

          Think befor you answer. The more WTG”s in a storm the more the WTG”s reduce the power of the storm.

          Below you have added another red hearing with “what about population growth? Then you add another red herring Solar Thermal?
          What if the sun don’t shine and the wind don’t blow.

          OMG I did not realise that you are so afraid that the sun will not rise tomorrow

        • Alastair Leith

          It’s very rare for wind to curtail in high wind events, and certainly not all of them across a state/network.

          • Brunel

            That is why Adelaide had a famous blackout recently. It was very windy so the turbines shut down. 😧

          • Alastair Leith

            You need to stop believing the bullshit Nick Xenophon and Chris Uhlmann spout on air. They know almost nothing about the SA energy crisis. Somebody who does know, Dylan McConnell pointed out that most of the wind farms were at near maximum power generation when the transmission towers toppled causing a cascade of tripping events. Two fo the wind farms farms were also the first to start exporting again after the blackout.

          • Brunel

            I am actually in favour of clean energy but before talking of 100% renewable, can we first aim for 90% renewable?

            We can absolutely rely on solar power – can we rely on wind power to give us 100% clean electrons? Especially if SA is not connected to WA.

          • Alastair Leith

            Sorry, can you first take back your claim that wind turbines stop generating in strong winds before we go any further?

    • Chris Fraser

      I like the idea because of a mutual benefit from different time zones … but what an incredible distance to cover.

      • Brunel

        Transmission losses of 9% per 3000 km:

        http://www.stri.se/wwwpublic/UHVDC11-1.JPG

        • Carl Raymond S

          I think storage will triumph, simply because mega projects take so long to get through planning and approval. Weigh the cost of all those steel towers against the cost of a huge pit of hot rocks.

        • Andrew Scott

          When thinking about losses;
          not all of the energy is to be transmitted,
          all the time,
          over the full length of the Transmission system.

          The Transmission system can be energised at and discharge from nodes along the route.
          It can also be ‘supported’ by Pumped Storage Hydropower Facilities along the route. (somewhat equivalent to Summit storage tanks connected to Trunk water mains and used to manage flow surges in State water grids)

        • Mike Shackleton

          Transmission losses are less of an issue when the source energy for the electricity is free. At a price of say $50/MWh for onshore wind you’re adding $5 to the generation cost. And we’re expecting the cost of wind and solar to much lower than that.

      • Andrew Scott

        Last century and before that, our forebears showed us the way with their major Nation Building visions and commitments. On 17th October 1917 they completed the Transcontinental Railway. Forty years earlier they completed the East-West Inter Colonial Telegraph. Five years earlier they completed the Overland Telegraph from Port Augusta to Darwin. They undertook each of these projects, over thousands of kilometres of inhospitable inland territory, in less than five years. They did it with camel power, horsepower and human effort.

        • Chris Fraser

          It’s only a matter of time then.

    • Andrew Scott

      Yes.
      Vice versa too!

      Thanks for once again challenging us to think laterally and engage in a discussion that positively explores concepts for creation of a truly NATIONAL electricity grid.

      It is not easy to respond in this way.
      Your challenge requires us to consciously set aside State silo thinking, metropolitan mindsets, eastern seaboard parochialism, short termism and the constraints of conventional false economic assessment processes. This is a big ask.

      We have to consider a Continental Grid for its Nation building potential. It will trigger new economic activities and other benefits in rural and remote regions.

      Most importantly, a Continental grid will access renewable energy resources far in excess of our current and envisaged domestic energy requirements. It will therefore create opportunities for very large scale renewable energy farming and transmission/export of various forms of ‘clean’ energy from Australia. It will provide an Australian opportunity by such energy exports to drive down greenhouse emissions in other countries.

      Some CONCEPTS to Brainstorm:

      A 4,000 km long 1000kV UHVDC Transcontinental spine 10,000 MW capacity, from the Western seaboard to the Eastern seaboard.

      Perhaps near the route of the Transcontinental Railway.

      Nodes at say 400 to 600 km intervals, for energy input or discharge or both.

      Some nodes to be energised by Solar farms in regions of high insolation and/or energised by windfarms in regions of high wind resource.

      Some nodes to be connected to Pumped Hydro Storage facilities where the topography is suitable,

      Some nodes to discharge to regional distribution networks.

      • Peter F

        If we have the same density of wind turbines and solar panels that Germany has today but using todays technology, we can generate all the power we need within 180km of all the population centres. We don’t need national grids, they are just another overhead to be paid for by consumers. The added cost is not $5/MWhr, when all the interest and depreciation is paid it would be between $50 and $100 extra.

        • Alastair Leith

          Not sure about the 180km, but a transcontinental HVDC link has few engineers convinced on cost/benefit compared with solutions on the SWIS itself, including some mallee plantation biomass/biofuel.

    • Peter F

      No the SWIS is 250,000 sqkm and annual demand is around is less than 20TWhr. Germany generates 200 TWhr from renewables in 350,000 sqkm. If Germany had WA’s insolation and modern solar panels it could triple its solar generation with the same number of panels that it has today. If Germany’s wind turbines were replaced one for one with the latest generation units it could generate 4 times as much wind power. ie. in the SWIS grid area you could generate about 400TWhr from renewables if you had the same density of wind and solar that Germany does today or roughly 20 times demand

  • Ken Dyer

    It just goes to show how disgraceful the Turdbull government is when they are caught touting Adani’s credentials to an overseas country in the hope that that country will finance their bloody mine

    http://www.abc.net.au/news/2017-10-26/government-gives-assurance-to-china-over-adani-approvals/9088968

    https://www.theguardian.com/environment/2017/oct/16/world-going-slow-coal-misinformation-distorting-facts

  • Robin_Harrison

    Art is much more powerful than politics. It’s good he’s worked that out, shame about the wasted years.

    • SteveH

      “Wasted years” – those would be the ones where he approved expanded Uranium mining, fumbled on Climate Change, was De-friended by Bob Brown, allowed the extinction of the Christmas Island Pipistrel and many other FAILS?
      Wasted years or maybe a waste of a political space…

      • Robin_Harrison

        You’re right, what a debacle. Gobbled up by a party machine that feeds on souls. What I meant was years wasted considering politics to be even remotely what’s described on the wrapper; ‘the voice of the people’.
        It’s the voice of the wealthy and influential and our ‘leaders’ are, without exception, their willing puppets. An adversarial system that splits society almost exactly in half on ideological grounds completely negating the voice of the people. Simple equation, equal value on either side cancels out.
        Our adversarial political system is largely based on ideology and when ideology raises its ugly head logic and reason are not allowed. That’s how you get a 15 year climate debate with little in the way of political resolution. Our political system is beautifully designed to obstruct our transition away from ‘business as usual’ and towards a sustainable future, because it’s owned by ‘business as usual’.
        If we want a sustainable future, any time spent thinking politics is going to be a solution is wasted. Art will always be far more effective.

        • Carl Raymond S

          “Party machine that feeds on souls”. Well put. You only have to look at Turnbull to see he is internally tortured; he mouths the words, but his beliefs surrounding emissions have been placed on a shelf.
          Maybe he will wake one day and go “to hell with it, I need a planet more than a job”, and say what he really thinks. It might work – if he can capture enough public respect and support to silence the hard right who pull his strings.
          The coalition have failed on renewable energy, failed on NBN. New Zealand are showing us up on both counts. We are missing the two big tech waves of the century. Turnbull will be out come Election Day as things stand. He is a man with nothing to lose.

          • Robin_Harrison

            Thank you but that’s a lot of hope riding on election day, where your choice will be between an unprincipled, lying, thieving merchant banker puppet or an unprincipled, lying, thieving politician puppet. Voting is not a privilege when the choices are an insult.

      • Alastair Leith

        Was certainly a good bowler but a less than average batsman.

  • DugS

    Wow, Big Pete is baaaack. Just reading his words made the hair on the back of my neck stand up. Now there is a rallying cry the peeps will take notice of. Be hard for the murdoch press to ignore too, could be interesting.

    The time has come!
    To give adani the flick.

  • Tim Buckley

    Great to see Garrett back doing what he does best. Maybe the Turnbull government might listen to how out of tune they are with what Australians are actually thinking on these critical issues. If Coal lobbyists were banned from entering Parliment house or taking jobs as chief of staffs of our Prime Minister our democracy would be so much better off. BHP should stop funding the Minerals Council and QRC immediately.

    • Joe

      Matt Canavan is back…ready to roll out his bright red carpet for Adani and the rest of The KIng Coal brigade.

  • Adam Smith

    Sorry but what is the direct link of the Adani mine destroying the GBR? The only link I know of is an indirect one for the burning of Adani coal in India, which they will be doing anyway. If Garrett really is passionate about saving the GBR, he should get on a flight to India and convince the Indian government to stop burning coal. However, as the ABC discovered, Garrett would be quickly shut down. Whenever activists claim that Adani will destroy the GBR, you have to question why they are using that untruth to scare people. I guess the more you say it the more people might believe it.

    • Joe

      Adam ‘The Invisible Hand of The Market’ Smith….you a Trolli !!!

      • Adam Smith

        Yes I know, how dare someone go off the mantra in this sacred place, however, maybe there is an answer to the question, otherwise you are all lemmings. Maybe you are a troll in a different universe.

        • Joe

          …and there is no direct link between tobacco and cancer, there is no direct link between asbestos and mesothelioma, there is no direct link between Agent Orange and birth defects…I could go on but you get my drift, yes. Adam, even Exxon’s very own scientists way back in the 1970’s were onto it…FF usage and climate change are LINKED. But you, like the rest of us were hoodwinked by Exxon’s Executives…they were eventually exposed…they did a Big Tobacco job on us. But as my Dad always said to me when I was a boy…’the truth will always out’.

    • Mike Shackleton

      It’s more than just the burning of the coal that is the issue. The mine will be loading out all that coal through the GBR itself. Adani can’t even manage the runoff from their existing port facility at Abbott Point, let alone the expanded one that is required for the coal project. Not to mention, by the time you dig up the coal, move it to the port, transport it to India by sea, all the benefits of it being cleaner and more calorific than existing Indian coal have been lost. You’ve embedded emissions into the coal that cancel out the increased quality of it.

      • ID635

        Incorrect.

        Carmichael coal is about 5,000kcal/kg, assuming this replaces imported Indonesian (3,500kcal) or domestic Indian coal (3,000kcal) this represents up to 160% improvement in energy content, resulting less coal required to be burned to create the same amount of electricity.

        Studies have shown that over the life cycle of seabourne thermal coal the emissions from shipping are about 1%.

        Pretty clear that the preferential use of higher energy content Carmichael coal over the most likely alternatives far outweights the additional transport emissions.

        Sure it would be great if Adani decided to buy the 6,500kcal stuff from the NSW hunter valley but it appears thy have seen the writing on the wall and the massive increase in thermal coal demand in India (from current demand of about 500Mtpa to about 900Mtpa by 2025, almost doubling in demand) and are looking to secure their own long term supply.

        • Alastair Leith

          You are assuming coal will have a market in ten years time. China no longer importing, India looking to do same and deploying GWs of wind and solar, including distributed solar and micro grids where networks do not exist (much of the poor people in India often talked about don’t have networks for coal to offer them power from, once you add in the transmission costs PV & small batteries make better cost and health proposition).

          • ID635

            Yeah well, that seems to be the common response “with the falling costs of renewables and increase in battery technology coal will be dead in 10 years”.

            Call me cynical but it just makes me wonder if it that is a statement of fact based on impartial analysis or just someone regurgitating the same old rhetoric that the likes of IEEFA pump out in order to spook the market and create investor uncertainty and discourage investment in new coal infrastructure.

            Its a play directly out of the Greenpeace handbook “stopping the coal export boom”. Item 6: creating investor uncertainty.

            http://www.abc.net.au/mediawatch/transcripts/1206_greenpeace.pdf

          • Alastair Leith

            Hey, go tell Peabody coal how great the coal business is, they might recind their application for bankruptcy.

          • ID635

            Peabody seem to be doing quite well after their restructure.

            PEABODY Energy’s North Goonyella mine and its other Australian met and thermal coal operations have delivered 59% of the US-based company’s US$411 million September quarter earnings before interest, tax, depreciation and amortisation.

            http://www.miningmonthly.com/coal/company-activity/aussie-coal-carries-peabody-earnings/

          • Alastair Leith

            99% devaluation in stock over 10 years is “quite well”, okay.

          • ID635

            I guess if you want to pick a timescale to suit your narrative you can create an argument to support any old crap.

            Maybe you can have a chat to Buckley and get a gig at IEEFA.

    • Rebecca

      Adam Smith & no direct link to Coal & Black Lung disease tell that to the family of the X Coal Miner who shot himself because he couldn’t breath or stand the pain. There has been one huge cover up for years on the risk of Coal exactly how many with Black Lung? How much have they or their family recieved? Nothing can compensate these & many more who suffer the effects of Breathing not oxygen but Coal Dust.

  • Roger Franklin

    Time for a Big Concert out in Tamworth….

    • Joe

      …to drum the Bananabee out of Parliament.

    • Robert Comerford

      I wouldn’t waste the time on that one, Sad to say, Barnaby has an unassailable lead and may actually increase it.

  • CaresAboutHealth

    I wonder if Peter Garrett might be prepared to help campaign in the New England by-election? A lot of people are pretty annoyed that Barnaby wants to waste $1 billion on a loan to Adani that has no hope of being repaid and might be happy if Turnbull lost his majority.
    A campaign based on hard-hitting facts about the damage this government is doing might have some chance of getting the message across and perhaps help improve energy policies.

    • Joe

      Wasting money is what The COALition is all about….Billions pissed away on a 4th rate NBN, $1 Billions for Adani, $ Billions for Matt Canavan’s new Coaler in North Qld, $122 millions on a needless postal survey for marriage equality and the latest….$ 100,000 plus on a by election through Bananabee’s incompetence with checking his Citizenship status…money is no object when it is the punters always shelling out. Luckily Australia doesn’t seem to have a “debt and deficit disaster” anymore!

      • Calamity_Jean

        Money isn’t wasted if it goes into the pockets of the rich! Don’t you know that!? /sarcasm

        • Joe

          Dare I say it is a …Calamitous…situation.