Few success stories in “green” companies – despite the help they all get from Govt subsidies

Scanning through the ASX – as I do – I have noticed several companies trying to exploit “green opportunities” usually with the help of massive Govt subsidies – which means their hands are in OUR pockets.

Nice to see many failing – sooner they quietly go bust – the better for our hip pockets.

I say – let investors who have some great idea to make money, use their own funds to build a company to make their fortune.

Governments should have no place subsidising dubious green ideas. If green ideas are commercially sound – investors will beat a path to their door.

Feel free to contribute any other candidates. Note – after posting again on this subject on 7 Feb 2012 and in July 2013 – I have changed these linked Yahoo charts to be 5 yr charts.

GEODYNAMICS LIMITED GDY
GREEN INVEST LIMITED GNV
GREEN ROCK ENERGY LIMITED GRK
GREENCAP LIMITED GCG
GREENEARTH ENERGY LIMITED GER
GREENPOWER ENERGY LIMITED GPP
CARBON CONSCIOUS LIMITED CCF

Sky high Canberra water bills compared to Riverina and central NSW

Last week some work took me out to West Wyalong region and I also looked around Temora – town gardens look fine (I know there has been rain), the water supply at motels (we used two) seemed excellent – no needle sharp shower roses out there – and the motel prop seemed unconcerned about water charges despite being a large user with his laundry.

I find that Goldenfields Water County Council – is the supplier at West Wyalong. Riverina Water County Council handles the larger centres to the south.

You can easily find their fees and charges and other information on their websites.

Canberra water bills compared regional NSW

Unless I have made some mistakes – we in ACT pay almost twice our MIA cousins for most levels of plain domestic supply. Amazing that the small population of Cobar spread over a large dry region – pays less than the ACT for water.

I got ACTEW’s Canberra charges from their webpage.

I would have thought that ACTEW with Canberra’s much larger population, compactly located and dam system put in place a few decades ago, would have had cost advantages over the small populations flung over thousands of square kms, connected by expensive pipelines in central NSW.

The large cost differentials leave me puzzled.

It is not just the money but we all know how we are constantly browbeaten about the need to leave more river flows for downstream users.

I think it is time the ACT Govt stood up to the Feds and NSW by saying along lines – do not bother nagging us about your mad proposals to reduce our consumption more, which has been reducing for years anyway. We will listen more to you when NSW people pay what we do for water.
It just so happened that the Canberra Times ran an article critical of our Govt utility ACTEW on 2 January.

Simple GISS diagram illustrating warming effect of conventional “adjustments” of “steps” in T data due to site moves outward from urban centre.

I have been reading the 169 page NIWA pdf – “Report on the Review of NIWA’s “Seven-Station” Temperature Series December 2010” – downloaded here
I have not yet found the BoM review – only the one page letter from the BoM – see pdf page 13 in the above.

I draw readers attention to the excellent little GISS diagrams which perfectly illustrate the warming effect of adjusting out the multitude of step changes which are common throughout all temperature data as thousands of recording sites have been moved outwards in their respective urban areas.
GISS illustrating typical urban T data with a step due to outward site move – before adjustment.
GISS diagram a
GISS illustrating typical urban T data with a step due to outward site move – after adjustment – now with UHI warmed trend built in.
GISS diagram b
Reading their 169 page pdf report above – it is crystal clear that NIWA do exactly this – repeatedly adjusting out step changes – all through their seven station series – in this way NIWA cement UHI warming in their NZ 7 station century long adjusted trend.
PS: I had a little post on this in 2006

2010 update 36 year Perth dams catchment rainfall trend

The Perth region has had a record dry year and this is shown in my graphic of 36 years of Perth dams catchment region May-October rainfall.
Perth catchment rain trend 1975-2010
However there is no statistically significant evidence the catchments are experiencing a continuing decline in rainfall – as expressed in the slogan “our drying climate” – the greenhouse doomster story so beloved by Perth politicians and water supply meisters – all so anxious to justify their profligate spending on seawater desalination.
One year does not make a trend on which to base water supply policy.
Stunning ignorance and lies surround Perth water supply policies
2009 update – Perth dam catchments rainfall still normal, Govt building $Billion seawater desalination plant #2
There never was a rain shortage to justify seawater desalination for Perth’s water supply