Wednesday, 4 April 2012

Coal Seam Gas in Australia: Is the CSIRO helping the mining industry 'manage' the debate?


If it the issue wasn’t so serious for the NSW North Coast it would have been amusing to see this in The Daily Examiner state on 28 March 2012:

We asked the Australian Science Media Centre if it could provide us with information not coloured by vested interests and it provided us with a briefing by Gas Industry Social and Environmental Research Alliance director Dr Peter Stone, University of Newcastle coal geologist and sedimentary petrologist Dr Judy Bailey and CSIRO petroleum and geothermal portfolio director Dr Edson Nakagawa.

Not coloured by vested interests is a big claim to make considering that the CSIRO is no longer the dependable, disinterested source it used to be given the number of commercial relationships it has developed over the years.

The CSIRO itself is very open about its wealth creation aims:





















So let us start with the Gas Industry Social and Environmental Research Alliance.

This is ABC Rural on 13 July 2011:

A commonwealth scientific body and a coal seam gas company have today announced a $14 million dollar joint research venture.
The Gas Industry Social and Environmental Research Alliance or GISERA is between the CSIRO and Australia Pacific LNG.
CSIRO's deputy chief of Ecosystem Sciences Dr Peter Stone says it'll draw scientific contributions from all across the country.
He says he hopes more of the industry's companies will come on board.

Australia Pacific LNG is a coal seam gas producer and GISERA appears to act as a R&D agent for the oil and gas industry, which may eventually lead to a widespread public perception that it is riddled with conflicts of interest.

Where does Dr Peter Stone fit into this scenario?

Dr. Stone has a background in crop and food research and an interest in land management. One has to hope that he has no vested interest in relation to mining. However, at best he appears ambivilant.
This article High risk demands stronger regulation of mining projects in The Australian on 26 November 2011 does not reassure as it begins:
WHEN CSIRO scientist Peter Stone briefed federal MPs and staff on coal-seam gas earlier this month, those in the room with some understanding of the likely effects were taken aback by his low-risk characterisation of the mammoth CSG projects that involved 40,000 production wells in southeast Queensland.

What about Dr Judy Bailey?

Well, her University of Newcastle profile shows minimum involvement with mining companies – except for the Orica Australia "Mineral sequestration in the Great Serpentine Belt, NSW" 2008 $6,500 funding grant – so it is easier to see her as an independent voice.

As for Dr Edson Nakagawa?

Dr. Edson is apparently a member of the Society of Petroleum Engineers and prior to joining the CSIRO apparently spent twenty years working for Petrobas in Brazil, starting in 1980. Petrobas has shown an interest in Australia and, also appears to use CSIRO technology in its operations overseas.
His current role is focussed on the development and deployment of tools, technology and knowledge to advanced petroleum exploration, conventional and unconventional gas production, alternative transport fuels and the demonstration of geothermal energy in Australia according to the introduction to December 2011 Australian Science Media Centre briefing.
A profile which does not inspire confidence in his objectivity.

The Daily Examiner attempted a balanced article. It was unfortunate that it wasn't alert to problems with its less than discriminating referral source, the Australian Science Media Centre. At least the newspaper ended the article with links (originally inert):


So you can judge the views of these individuals for yourselves and, whether you think they are likely to say one thing to regional journalists and another to government decision makers.
Whether any GISERA formal report will have a predestined pro-mining conclusion irrespective of what the science is actually saying.

Oopps! Another banana skin for the unwary Australian politician


All around the world pollies past and present are looking investor embarrassment in the face, including U.S. presidential hopeful Mitt Romney who has  mountain of moolah earning interest over at Goldman Sachs in its many manifestations.
But none more so than Malcolm Bligh Turnbull, Australia’s Federal Opposition Shadow Minister for Communications and Broadband.
He of course was Chairman and Managing Director of Goldman Sachs Australia from 1997 to 2001 and a Partner in Goldman Sachs and Co from 1998 to 2001. In 2012 he still has money invested with Goldman Sachs private equity funds, probably including GS Capital Partners V1.
Which means he was well and truly in the frame when Goldman Sachs (through its private equity fund GS Capital Partners III) purchased a 16% share in Backpage.com in 2000.
Village Voice Media Holdings now owns Backpage and Goldman Sachs is selling its share because this website has just been outed as a forum abetting the sex-trafficking of underage girls.
Goldman Sachs has all but admitted that it knew in 2010 what the website was being used for – long before the New York Times report on 31st March this year.
This letter lists a number of U.S. sex trafficking and child prostitution court cases in which Backpage features and mention of cases involving adults or children going back to 2009-10 can be found on the Internet – including this video.

Tuesday, 3 April 2012

Chris Gulaptis votes against IR fairness


It has long been known in the Clarence electorate that its new NSW Nationals MP ‘Steve’ Gulaptis was an ardent supporter of Work Choices.

In fact, when he was a Clarence Valley Shire councillor he wanted to introduce some of its worst features into local government conditions of employment. As a member of the O’Farrell Government he maintains his desire to make life difficult for ordinary workers.

On 2 April 2012 he voted for the Retail Trading Amendment Bill 2012 which in practice will allow a wider numbers of employers in New South Wales to pressure full-time, part-time and/or casual staff to work on a restricted trading day, Boxing Day, and in certain circumstances possibly have to work on Christmas Day when the business is not open to customers.

Abbott the Boastful forgets his own Medicare safety net history




This is a typically inaccurate statement by Abbott. There was a safety net written into the Australian Medicare universal health care scheme before he became Federal Minister for Health and Ageing in the Howard Coalition Government. A position he held from 7 October 2003 until 3 December 2007.

In November 2003 the Extended Medicare Safety Net was proposed. It came into effect in March 2004 and, provided for safety net thresholds of $300 for concession card holders and low income families and $700 for all other individuals and families. In other words, after thresholds had been reached Medicare paid for 80% of any future out-of-pocket costs for out-of-hospital Medicare services for the remainder of the calendar year.

In the lead up to the October 2004 federal election Health Minister Abbott was interviewed by ABC TV Four Corners on 6 September and gave a guarantee that the safety net threshold would not be changed:

TICKY FULLERTON: Will this Government commit to keeping the Medicare-plus-safety-net as it is now in place after the election?
TONY ABBOTT: Yes.
TICKY FULLERTON: That's a cast-iron commitment?
TONY ABBOTT: Cast-iron commitment. Absolutely.
TICKY FULLERTON, REPORTER: 80 per cent of out-of-pocket expenses rebatable over $300, over $700?
TONY ABBOTT: That is an absolutely rock solid, ironclad commitment.


However, just six months later in April 2005 the Howard Government was announcing that Medicare Safety Net threshold levels would increase from $306.90 to $500 for concession card holders and other low income families, and from $716.10 to $1000 for all other families and individuals from 1 January 2006.


By 1 January 2007 Tony Abbott had again raised the safety net thresholds to $358.90 (from $345.50) for the Original Safety Net category and $519.50 (from $500.00) for the lower Extended Safety Net category and $1,039.00 (from $1,000.00) for the upper category.

All of which can hardly be characterized as Howard or Abbott being fiscally responsible in relation to health care policy and doesn’t support Abbott’s present boastful tone.

For the record. Under the Gillard Labor Government Medicare benefits for out-of-hospital services are usually 80-85 per cent of the schedule fee, except for GP consultations where the Medicare rebate is 100 per cent of the schedule fee.
In 2012 the Original Safety Net threshold for all Medicare card holders is $413.50 and the Extended Medicare Safety Net threshold for concession cardholders and people who receive Family Tax Benefits (Part A) is $562.90. For all other singles and families the annual threshold is $1,198.

Two good reasons why you should stop buying chocolate, icecream, frozen desserts, biscuits, crisps or soap and shampoo products made with palm oil


According to Barbi this Orangutan mother was captured stealing fruit for her undernourished infant.
You can feel proud the next time you put a chocolate bar, ice cream cone, slice of cheescake, sweet biscuit or handful of crisps in your mouth, shower with a soap bar or shampoo your hair from the usual range of toiletry products.

Abbott & Co.'s sovereign risk claims don't stand up to scrutiny



In 2010 the Gillard Government announced it was introducing a national price on carbon, the 18 clean energy bills were passed by federal parliament in 2011. The start date for the provisions of most of this new legislation is mid-2012.
This is Australia’s global mining industry risk assessment ranking as one of the international Behre Dolbear Group’s “key players”:
2010 ranked at 61
2011 ranked at 57
2012 ranked at 57

Err, Tones, Uncle Joe, Poodle – what happened to the “sovereign risk” for mining companies you were all shouting about?
Australia’s risk level has gone down and not up since the PM announced the “toxic tax” you’ve been wailing about.

Monday, 2 April 2012

It takes very little effort to correctly fill in the Parliamentary Register of Member's Interests. So why does Tony Abbott continually mess up his form?


Here is the link to the current and updated Register of Member's Interests for Abbott, The Hon Tony, Member for Warringah.

In it he lists his spouse as holding an unspecified number of shares in General Gold Resources Inc. In 2007 he listed these shares as General Gold Resources NL.

However, this WA mining corporation changed its name in July 2002 to General Gold Resources Limited and a month later to Yilgarn Gold Limited. At some later date it again changed its name to Kairiki Energy Limited. The company is currently listed on the Australian Stock Exchange as a petroleum exploration, gold mining, exploration and investment company operating in the Phillipines.

As all shareholders would have been informed of these name changes, one has to wonder why Abbott has not changed the details recorded on his RMI form for at least the last four years.

Given his history in relation to the Register of Member's Interests this current inaccuracy isn't good enough.

Though at least we know that he is still turning up to some doorstop interviews in tailored suits he hasn't paid for.