Sunday 24th of March 2019

taking pictures on a beaut day...

on a beaut day

I have wicked dreams… The new Premier of New South Wales, Gladys, is inaugurating her new stadium. She has managed to demolish the perfectly adequate Sydney Opera House and replaced it with a sports Arena with an open-and-shut roof looking like a modern version (more rounded) of the Old Building — a roof made of glass, steel and cardboard. 


Of course, I want to take picture of this beauty that looks like a pair of cruise liners has beached on a magnificent day for the pleasure of a tourist bus (from which I will alight lightly shortly) parked on the roundabout at the Neutral Bay ferry terminal — still looking tatty and in need of refurbishment that Gladys has in her next instalment of demolishment of anything with a past. The Kirribilli promontory has been removed, to make room for a tunnel and a small artificial island, with an Opal tower-like skyscraper, adorned by a front-lawn sculpture. It’s a miniature Opera House lit from within with various glowing advertising images, from Vegemite to how great Gladys is, around which a rusty sailing boat with rusty steel sails is spinning around on a rusty steel rod from a defuncted rusty hills hoist. A frangipani in bloom frames the scenery.

The day is so warm and so clear that I feel compelled to take joyous pictures of the lot. When I alight from the Groundhog white bus, I'm completely naked. I use my camera one-handedly as I need my left-hand to cover my block-and-tackle coyly warmed by a glorious sun to the front. As usual, as everywhere in Sydney, there's the ubiquitous leaning white-anted hardwood electricity post — with its temporary steel strut at the base preventing it falling further — planted in front. That contraption spoils the view a bit, but the festive array of traffic signs which I love, screwed onto the post tells us the times for no parking, no stopping and no partying in small prints… and it’s time to wake up... still naked. Too bad.

All this silly dream, I guess came about because our “Energy Minister”, Angus, is announcing that the Malcolm’s Snowies 2.0 project is going ahead, despite the disastrous environment problems this could cause to the last population of local mountain rats (possums), who already are starving from the lack of bogong moths reaching the peaks. This deadly sad situation is due to our usage of insecticide in the plains below, more or less doubling every year. The major problems for the engineers of Snowy 2.007 is to appear to be building and operate this new system of artificial lakes, pumps and pipes without using fossil fuels. It’s going to take about twenty years before being operational. By then rain will have stopped completely (unless it’s no more than a prostatic drizzle) and most water will have to be pumped from the Pacific Ocean, the level of which is going up due to the melting of Antarctica — which is not happening according to our esteemed PM, Scummo the cuddly bear and leader of the Noah’s Ark Society. 


Meanwhile, our esteemed “Minister for the Environment” (what’s her name again?) has not said a word since having been promoted to the job, more than seven months ago, apart that when alerted to the possible extinction of the Koalas (they are not a bear) due to deforestation and mining, she said that “you can’t stop progress". This is Australia.

We're in trouble. 

engineering snowy 2.0...

more to come...

 

First:

Numbers of unique Australian moths that migrate in their billions to alpine areas have crashed, ecologists say, putting extra pressure on the endangered mountain pygmy possum.

Scientists believe the “astonishing” drop in bogong moth numbers is linked to climate change and recent droughts in areas where the moths breed.

At the same time checks on the endangered mountain pygmy possum, which exists only in Australia’s alpine regions, have revealed dead litters in the pouches of females. The moths are a key food source for the possums as they wake from hibernation.

 

Read more:

https://www.theguardian.com/environment/2019/feb/25/decline-in-bogong-mo...

 

Whatever it is, I fear Greeks bearing gifts

“Quicquid id est, timeo Danaos et dona ferentis” (Virgil, The Aeneid).

Snowy Hydro Limited (Snowy Hydro) has proposed and is currently developing Snowy 2.0; a plan to add 2,000MW of pumped hydro to the existing Snowy Mountains Hydro-Electric Scheme. This involves constructing 27km of tunnels between the Lake Tantangara and Lake Talbingo storages and a power station inside a cavern deep inside a mountain between the two lakes.

There are large questions over the estimated costs of the proposed scheme when benchmarked against other equivalent projects. The largest cost item appears to be tunnelling for which there appears significant risk.

The CEO of Snowy Hydro has admitted that there will need to be a “massive amount of reinforcing of the tunnels” (Broad, 2017) because of the poor and weak structure of the rock that they will be tunnelling through.

Understandably, Snowy Hydro has not released its commercial business case. However, and somewhat unusually, it contracted a consultant to calculate the market benefits of the project which were estimated to be between $4.2 and $6.8 billion, depending on the scenario assumed.


The market benefits were estimated over a rather heroic 56-year study period (50 years of Snowy 2.0 operation).

However, the consultant’s analysis appears very narrow and does not cover the expected range of scenarios and states of the world that would be typical for a market benefits assessment. It might even be argued that the consultant has assessed favourable scenarios and ignored less favourable scenarios.

For example, there are several competing projects that do not appear to have been considered. And the costs of competing technologies appear unusually high, which when displaced by Snowy 2.0 in the analysis, produce more benefits than would otherwise be expected.

Market benefits is a regulatory concept used to assess the benefits of regulated investments in the NEM. It estimates the increase in consumer/producer surplus where the market is competitive.

The estimated market benefits are not relevant to the likely returns to Snowy Hydro, except that in a competitive market environment, they represent the maximum that Snowy Hydro could extract in returns;...

 

Read more:

https://reneweconomy.com.au/snowy-2-0-is-the-reward-worth-the-risk-28883...

 

 

 

More to come

using coal without burning it...

Imagine revitalising the coal industry and disrupting the agriculture market all in one fell swoop.

That is the extent of this ASX listed stock’s ambitions.

This ASX company plans to make money and fertiliser out of Australia’s vast coal reserves. And they plan to make it happen in seconds and to produce zero emissions from doing so.

The company is targeting the wheat industry by improving yields at a fraction of the cost of traditional techniques – and when wheat is the major crop grown in Australia, with a value of AU$7.1 billion, it’s quite a large market to be disrupting.

The company has a license to use a proven process invented by Professor Ken Anderson, of Southern Illinois University (SIU) in the USA.

The process – OHD, or oxidative hydrothermal dissolution – converts coal into a bio-stimulant fertiliser (again we stress the point that it can do this in mere seconds).

Like how farmers add fertiliser to ensure they get a good crop on any given year, bio-stimulants can be added to do the same; increase yield but are traditionally very expensive and were only used on high-value crops.

Recent trials on wheat demonstrated this company’s fertilizer can increase wheat yields by circa 300%.

This company is in an enviable position to disrupt the market as it is able to produce bio-stimulant fertilisers at 1/10 th the cost of traditional fertilisers and owns the rights to distribute its product internationally.

Of course this company is in the early stages of its development and investors should therefore take a cautious approach to any investment decision made and seek professional financial advice with regard to this stock.

It has its hands on some of the ‘purest’ coal going round... coal in the La Trobe Valley in Victoria.

La Trobe Valley coal is young and has a low ‘ash’ content (3% to be precise). If you don’t know much about coal, low ash content is quite rare – ash being the informal term for the waste material leftover once the carbon has been burned, some of which can be toxic.

Those in the industry have been aware of the quality of coal in the La Trobe Valley and today’s company holds an application for an Exploration License which would give it rights to an area in the La Trobe Valley which has an abundance of coal mines and the potential for additional large coal resources.

The License could give it the coal to continue to develop its proprietary technology, which it hopes to use for production of coal generated fertiliser in just 18 months to two years.

In October last year, this company started the first phase of tests using liquid produced by the application of the OHD process as a plant growth bio-stimulant. The test were carried out by Monash University with very positive results.

Testing is being expanded to cover a wide range of cereal crops. At this stage, by all accounts this could be the game changer the coal industry has been looking for and there has already been interest from national and international power groups looking at offtake agreements.

Yet these aren’t the only markets this company is targeting.

It has another clean energy play up its sleeve.

This company has a lithium play in Guyana, an underexplored nation north of Brazil.

It’s currently exploring the tenements with results due in weeks to see how prospective they are for lithium-bearing pegmatites.

By all accounts the lithium prize for this company could be rather large given its tenements are identical to the Pilgangoora “Hotzone” in Western Australia, which hosts over $2 billion of ASX listed lithium explorers and developers.

Add to that a third potentially winning card up its sleeve – a license over prospective tenements in the Northern Territory with confirmed potash resources and potentially lithium brines

 

Read more:

https://www.nextminingboom.com/turning-coal-green-asx-stock-sends-wheat-...

throw the CONservatives out...

The New South Wales government is anti-action on global warming, demolishes good stadiums for no reason (except envy of Melbourne's bigger ones), has destroyed koala habitats by relaxing laws on land clearing, has polluted and reduced the flow of rivers to the point of several massive fish kills, has destroyed Sydney's nightlife and its music venues, favours more cars over public transport, though it has invested in a few train lines and has also destroyed Sydney central business district with the construction of a 1929-solution tram line when modern electric buses and a restriction on cars in the CBD would have done a far better job, and by end of all this, this moribund CONservative government is ARROGANT beyond belief. Time for a change, even if it's not "for the best", it could not be worse.

Do yourself a favour. Throw Gladys out.

 

Note that most media in this country will support the CONservatives. It's a CON...

 

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