Posts tagged ‘Kerrie Sinclair’

June 17, 2011

Tiser in “useful information” shocker

Albeit on page 72 and 73…

In a story entitled Boom in gas use to push world over 2C target, Kerrie Sinclair reports

The International Energy Agency has warned that an expected boom in the use of gas for global energy needs would make it impossible for the world to meet current commitments to hold old global warming to 2C…. In a special report on gas demand out to 2035 the IEA said indicatioins were that rising use of natural and unconventional gas – such as shale oil and coal seam gas – would push annual greenhouse gas emissions to levels that would produce a global average temperature rise of more than 3.5C.

I think that means we’re fubarred.

On the following page, Rachel Hewitt writes a story title Carbon tax negligible to big guns. It starts
A carbon price of $50 a tonne would “barely” touch big, diversified minders BHP Billiton and Rio Tinto, while it could cut the profits of Australia’s smaller, “pure” coal players by up to 10 per cent.
The research was done by the investment bank Citi.
and on the following page