I see in this article from South Australia – Rex Minerals’ Hillside copper mine gets SA lease approvals – opponents of the mine floating the old red herring that we are losing food growing land.
SA Greens leader Mark Parnell says State Government approval for open-cut mining on some of the state’s best cropping land is a blow for the region’s farmers.
“Valuable agricultural land is in short supply in South Australia. It makes no sense to sterilize forever land that could be productive for growing food,” he said.
Facts are the mine will occupy a miniscule percentage of SA farm land but income generated by the mine will dwarf by many times what farms could generate off that area. Somebody might have some examples. Certainly on a National scale – income from resources is considerably larger than agriculture yet occupies a very tiny percentage of land compared to farming.
I saw this fascinating article – Lawsuit Stunner: Half of Futures Trades in Chicago Are Illegal Wash Trades – If you go on to read the article you will read where “high frequency trading” or HFT methods use wash trades as part of standard strategy.
Anybody who trades on the ASX has seen evidence of miniscule trades for a few shares – trades that ordinary mugs can not do – mugs have to trade in minimum sized parcels. Often you can see the price for a thinly traded share changed at days end by a handful of shares traded by robots or Bots.
Experts have been critical of HFT on the ASX for years – here are just a few articles. The authorities do nothing despite complaints. Some Australian media critical of HFT from 2012 – 2013
“Black box trade suspected in stock spike”
Alan Kohler article – “Trade parasites feeding at the heart of the ASX”
“ISN claims high frequency trades cost $1.5 billion” – 4 June 13
I noticed this “lemuroid ringtail possum” story over at Anthony Watts.
It is something I wrote about in 2008 -
“Poster child for climate change” – you be the judge –
and again December 2013 -
Recycled five year old story about global warming threatening White Lemuroid Possum -
I do not recall in the 2008 or 2013 media anything about there being only four critters left. Perhaps I missed something.
This article from the Cairns Post – Possum a ‘polar bear’ of climate change – a bit odd seeing there are many thousands of polar bears. While Polar Bears are being dragged into this – try this site for information on Polar Bear Science.
Anyway – the Cairns Post article states – JUST four white lemuroid ringtail possums have been found in the wild – Just four have been found since 2005.
I wonder if either of these statements could be true.
Time will tell I suppose.
Our ABC reports – Petratherm shelves Paralana geothermal project in outback SA – apparently due to a lack of funds. “The Paralana project had secured $24.5 million as a Renewable Energy Development Program grant but could not raise another $5 million needed.”
Does anybody know why Petratherm could not raise a paltry $5mill to get their seven-megawatt geothermal electricity generator running? PTR ASX reports here.
Just a few quick clicks – at
be sure to pass on to your friends.
A welcome step but this has been such a drama and with so many amendments I think it will be some time before we can weigh the net effect against the remaining web of GreenLeft hangovers – Clean Energy Finance Corporation – Renewable Energy Target – Climate Change Authority – that the Govt wants to abolish or trim back. ABC take and Fairfax.
In February I wrote about persistent errors in BoM min temperature anomaly maps over a station in the south west of the Northern Territory – errors I first noticed in 2011.
“Australian Bureau of Meteorology still have persistent errors in their temperature anomaly maps”
The errors are still there for the entire 72 months 2002-2007 – see my new animation.
How long will it take the BoM to recognize the reality that their AWAP data has these huge NNTHS errors?
My animation is pointing to other persistent errors in the NT and Qld data – but let’s concentrate on getting the BoM to eradicate the NNTHS first.
On the 5th I posted – Southwest Queensland heat wave 2 July 2014 – pointing out the 10 degree error for the Bedourie max on 2 July.
After a couple more days the 30 was fixed to a 20 here.
But I see this morning 14th July after another week passes – that the 10 degree error is still in the AWAP maps.
How can the BoM which has been in existence for over a century – not have routine operating procedures in place to ensure that these tiny tasks are promptly done?
Would a 10 degree cold error have been repaired quicker?
The original error was only spotted because it was a huge standout anomaly.
What about errors that are more subtle and harder to spot?
What confidence can we have in the routine BoM AWAP temperature anomaly maps?
Brisbane records coldest morning in 103 years – despite the ever growing urban heat island – records falling in several other towns.
I am sure sure there will be more to say about this – too busy now.