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Conclusion

Carbon Sequestration and Storage is very likely a non-starter as a real solution to climate change and the implications of this for the Garnaut analysis and the CPRS are dire.

For the CPRS to have a real impact on carbon dioxide release, and consequent accelerated climate change, the existing NSW energy dependent economy must seriously contract.

In the absence of CCS and to avoid serious negative economic impacts, the original CPRS concept needs to be castrated by exempting (or issuing free allocations under the cap to them) the largest carbon users in the economy; effectively removing its constraints on carbon dioxide release particularly in the energy and trade exposed sectors.  This modified CPRS will discriminate against small-scale domestic industries and consumers, distorting the economy in unpredictable and, very likely, harmful ways.

A viable alternative is to immediately take steps to introduce nuclear electricity generation in NSW (and Australia).  This would obviate the need for a CPRS.

Richard McKie
2008/10


Footnotes: 


[1] http://www.dpi.nsw.gov.au/minerals/resources/coal/coal-industry

[2] Not actually sequestration – this is generally viewed as CO2 generating.

[3]International Energy Agency (IEA) data – quoted in Wikipedia

[4] The atomic weight of carbon (C) is 12 and oxygen (O) 16 so: C + O2 → CO2 and: 12 + 32 → 44 or: 1 tonne → 3.667 tonnes. Different coals have considerable variability in ash (6.5% to 30%) and volatiles (half carbon by weight 20.8% to 37.9%) depending on grade and purpose. If we estimate the carbon content of NSW coal to average around 75% (local) and 90% (export) coal production that year equates to roughly 24.8 million tonnes of carbon burnt locally and 80 million tonnes exported in 2005-6.

[8] U.S. National Institute for Occupational Safety and Health

 

 


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Travel

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Travels in Central Asia

 

In June 2018 we travelled to China before joining an organised tour in Central Asia that, except for a sojourn in the mountains of Tajikistan, followed in the footsteps of Marco Polo along the Great Silk Road. 

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Fiction, Recollections & News

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He was someone I once knew, or so I thought.  One of those familiar faces I thought I should be able to place. 

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Opinions and Philosophy

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 12 July 2011

 

 

It's finally announced, Australia will have a carbon tax of $23 per tonne of CO2 emitted.  This is said to be the highest such tax in the world but it will be limited to 'about 500' of the biggest emitters.  The Government says that it can't reveal which  these are to the public because commercial privacy laws prevent it from naming them. 

Some companies have already 'gone public' and it is clear that prominent among them are the major thermal power generators and perhaps airlines.  Some like BlueScope Steel (previously BHP Steel) will be granted a grace period before the tax comes into effect. In this case it is publicly announced that the company has been granted a two year grace period with possible extensions, limited to its core (iron and steelmaking) emissions.

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