Yabby... this was just the other week, as some politician was boasting of our massive exports of gas...

It certainly was not going out at 'world prices'.

TBC, you clearly don't follow the financial and investment news.

I can assure you that Chevron would not be spending 45 billion,
nor would various companies plan to spend mega billions in Qld,
to give gas away for a song. They would simply flog it on the
local market and no need to build those huge export terminals,
where the stuff has to be cooled to - 160 deg to turn it into
a liquid.

Apart from those original contracts, the only gas being sold
el cheapo is for the domestic market, where its sold for
well below world prices. But that has to change or companies
won't bother drilling for the stuff.

Personally I prefer to take my advice from the financial
community who closely monitor these things, then what some
politician said

I'll stand corrected.

Posted by Yabby, Tuesday, 24 August 2010 5:14:13 PM

" ... DreamOn, you keep dreaming on. There is at present no technology
that is bankable, that is far advanced enough to replace coal or
gas. ... "

No *Yappy,* you are only considering the issues within the confines of the current economic model, on the likely foundation of not accepting the science of "Global Warming & Climate Change."

With the stroke of a pen your fancied coal and gas industries can be regulated in the National Interest in a variety of ways.

Islands are already going under, the ice sheets on the polar caps have reduced considerably and gas concentrations, as is the case with the depleted ozone layers over certain areas of Australia are scientifically measurable.

It is likely that in the phasing out of fossil fuels and the phasing in of green alternatives that the same general levels of charges will be applicable, and the big polluters are already investing heavily in alternatives - they merely await the birth of the regulating out of the old and the cradling and regulating in of the new.

The investment in ocean algae oil generators is one prominent example which comes to mind.

Of course, *Belly* is correct about the back up storage option, and verily an innovative solution it is for protecting ones home and family from down times, in addition to the harnessing of natural forces by the very materials and design of more modern houses to come, ala another step forward from the prototype at the Perth Zoo, for example.

There is no magic to electricity generation, just two opposing magnets spinning external from a central conducting core.

You can do it with peddle power, and I would love to see alt energy push trolley stalls for cooling and UV lighting perhaps for the "Out Back Cafe" tourism upgrade involving "Bush Tucker."

Certain Green alternatives have great potential for generating significant savings for families and communities and I strongly support that.

I just love the way myths are perpetuated.

Here's one DreamOn prepared earlier...

>>Islands are already going under<<

Really?

http://www.abc.net.au/news/stories/2010/06/03/2916873.htm

http://wattsupwiththat.com/2010/01/27/floating-islands/

But please, don't let reality intrude on a story that has everything. Pathos, bathos, all generously soaked in a cargo-cult mentality.

Then there's...

>>...the ice sheets on the polar caps have reduced considerably<<

Vastly oversimplified. Here's a little more detail to chew over.

http://www.thenewamerican.com/index.php/tech-mainmenu-30/environment/2871-are-the-ice-caps-melting

Gee, it's tough keeping an open mind, isn't it.

*you are only considering the issues within the confines of the current economic model*

Err dreamer, we are operating within the confines of this
economic model, not some fairyfloss dreamtime economic model.
Strokes of the pen have outcomes, somebody has to pay. In this
case its mega billions. Business is not going to pay. It is
cheaper for them to produce no power at all, then produce it
at a loss. That leaves taxpayers and consumers to foot the bill.

*Islands are already going under, the ice sheets on the polar caps have reduced considerably*

Dreamer, if we shut down every single Australian power station and
every Australian went back to hunting and gathering wearing a
loin cloth, it would not make a scrap of difference to global climate.
Our mere 20 million would be replaced by 90 days of human breeding,
for the global population keeps rising at 250'000 people a day.

Perhaps they should stop chopping down all their rainforests in
Indonesia and start providing some family planning for people,
all these things would help.

There is indeed some interesting technology being developed and
we'll see how it turns out. Grant King reckons it will be around
4 years before we know if geothermal is a viable option or not.
Lots of things are in the trial stages, just not in the bankable
stages yet. So we'll wait and see how they turn out, before
we go and send economies broke investing in hairbrain schemes.