The Australian coal industry is being fundamentally destabilised by actions that are out of our government’s control.
We always knew there was a huge risk of stranded assets being faced by the Australian coal industry.
Global powers are acting on climate change and the regulatory changes are causing ripples that will t destabilise some of the
Australian projects.
Read more here
Images @ Eminpee Fotography
Showing posts with label Fossil fuel. Show all posts
Showing posts with label Fossil fuel. Show all posts
Thursday, June 05, 2014
Wednesday, December 05, 2012
The GLENUGIE Update at the Gate.
| Glenugie Community Protest Metgasco CSG (Photo credit: kateausburn) |
Let's be clear, we have no problem with Metgasco as a company.
It's just unfortunate that they are in the wrong industry at the wrong time in the wrong place. In 2012 and beyond anyone investing in fossil fuel companies (coal, oil and gas) does so at their peril. People are waking up and the "carbon asset bubble" is beginning to burst worldwide.
Naomi Klein put it succinctly in her recent TV interview when she said,
"The whole business plan for the fossil fuel industry is based on burning 5 times more carbon than is compatible with a liveable planet. So what we're saying is your business model is at war with life on this planet. It's at war with us."
http://billmoyers.com/segment/naomi-klein-on-capitalism-and-climate-change/
Coal seam gas exploration in the Clarence Valley should be seen for what it is... a threat to our future. It should not proceed.
Local FB
http://tinyurl.com/ClarenceValleyAgainstCSG
Regional
http://www.csgfreenorthernrivers.org/
Australia
http://lockthegate.org.au/
International
http://math.350.org/news/
http://ecowatch.org/p/energy/fracking-2/
Large police BULLY Presence .. Intimidation and Pushing by police and WHAT IS THE CROWN doing there crown sergeant / You guys got the area command out there / METGASCO FK HEADS use our POLICE as body guards for their FILTHY ARSEHOLE ACTS.. soz im part irish sorry lol
Which government employs our police forces... We do have two it seems. In a high court I think the police are actually working for the second govt. and that is registered on the US STOCK EXCHANGE .. You may think I am ludicrous but it appears to be the case~
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URUNGA NSW
Glenugie NSW 2460, Australia
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