Economy
Gorgon: The Wong way
KARL STEVENS
Thats what the Gorgon sequestration game is.
The Gorgon field has a 12 per cent carbon dioxide component, which they want to pump under Barrow Island at a rate of 3.5 million tonnes a year for 30 years.
There is no assurance this will actually work because of rock faults, the Commonwealth is carrying the liability, and they will only take responsibility for a laughable 15 years after the project finishes.
Remember, carbon stays in the atmosphere for 100 years.
What Rudd, Garrett and Wong are up to with big US oil is some politically correct CO2 windowdressing.
Gorgon: The Wong way
The fact Kevin Rudd and his climate change politburo didn’t even think of this win-win solution shows how incapable they are of balancing the interests of big oil, big unions and big carbon.
As usual the Gorgon gas profits flow out of the country to hedge funds and international investors, while Australians are left to complete the task of moving a pile of sand and then moving it back again.
Thats what the Gorgon sequestration game is.
The Gorgon field has a 12 per cent carbon dioxide component, which they want to pump under Barrow Island at a rate of 3.5 million tonnes a year for 30 years.
There is no assurance this will actually work because of rock faults, the Commonwealth is carrying the liability, and they will only take responsibility for a laughable 15 years after the project finishes.
Remember, carbon stays in the atmosphere for 100 years.
What Rudd, Garrett and Wong are up to with big US oil is some politically correct CO2 windowdressing.
Meanwhile in Tasmania, home of the worlds most efficient carbon-storing forests, Rudd, Garrett and Wong are tearing them down for little more than toilet paper.
The Tasmanian wood-chip industry has painted itself into a corner, with demand for flushing Tasmanian devil habitat down the toilet disappearing everywhere.
Even the finance for projects like Gunns pulp mill has dried-up under the international FSC regulations and banking’s Equator Principles. There are people in Tasmania looking very, very stupid today because the clearing of these carbon sinks is fast becoming illegal everywhere except Kevins carbon rubiks cube.
Internationally, the battle to save Tasmania’s ancient forests has only just started.
Daily, carbon activists are arrested for trying to ‘do something’.
The amount of carbon-rich native forest clear-felled in Tasmania annually would account for 2 or 3 Gorgon sequestration costume dramas.
Removing carbon from LNG is hardly ‘value adding’. It’s like taking carbon out of the millions of tonnes of coal we export annually. Why bother? We are the worlds biggest carbon exporter are we not?
Carbon forests are still being lost in Tasmania at a rate of 0.175 tonnes per second.
If Rudd, Garrett and Wong really were serious about jobs why not make concert grand pianos out of some of these trees, or furniture or houses? Why not do it intelligently, sustainably and honestly?
Karl Stevens
http://west-tamar-talk.blogspot.com/