Perhaps my memory is faulty but through the long awful years of the RuddGillardRudd GreenLabor Govts I never noticed the MSM speaking too harshly of Labors pet NBN project which from early days was showing signs of being a shambles of a White Elephant in the rich tradition of say AUSSAT to name another Govt boondoggle whose debts still haunt us. For those not downunder NBN is/was the National Broadband Network – a +$40Billion creation that was to power the nation into the sunlit uplands of prosperity. (apologies to the late and great WSC).
Yesterday I noticed The Conversation was saying – The government should never have built the NBN – At The Conversation the headline is – Why governments will always fail with technology projects like the NBN
Then spending a few seconds with Google I found this quote on The Conversation from only a year ago.
[It is paradoxical that the building of a sophisticated infrastructure like the NBN to support Australia’s future as a technologically advanced country....]
Is anybody else seeing similar?
While roughing it in a motel in the wilds of central NSW I heard the ABC weather lady say that Adelaide was enjoying a record cold August morning – a record since 1888 I think.
Yesterday was a pretty hard frost here so I have quickly checked a few records and it looks to me as though Hay, Hillston and Lake Victoria have had record cold mornings. Can anybody add to this list ? Or have additional info re Adelaide – South Australian cold.
It will be easier to check when the Sunday contoured map of minimum anomalies comes available.
Hay – yesterday -3.8 prev coldest -2.5 on 2 Aug 1997
Hillston yesterday -4.6 prev cold -3.3 on 7 Aug 1963
Lake Victoria yesterday -2.5 prev cold -1.4 on 16 Aug 1967
I just checked Google which finds no news on this – what would we hear if it was a record hot day?
Reuters reports – Future grows darker for solar energy growth in Japan
On the second anniversary of a scheme aimed at boosting Japan’s renewable energy after the Fukushima crisis, its powerful industry ministry is taking steps critics say will choke off solar investment and pave the way for a return to nuclear.
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.