@ Jack (Posted December 19, 2017 at 8:26 pm): You …

Comment on Inquiry into fracking: Giving it the green light? by Alex Nelson.

@ Jack (Posted December 19, 2017 at 8:26 pm): You are cherry picking your facts about WA, Jack, in order to make a misleading point.
Notwithstanding the rise of mineral and petroleum royalties paid to the WA government as you claim, the state debt is nevertheless projected to reach $42.9 billion in two years from now.
The WA economy is in a considerable mess thanks to the reckless overspending of the budget during the mining boom a few years ago.
What’s more, it was a Liberal-National government that has left WA so deeply in debt, not a Labor government – which kind of shatters the popular view that conservative governments are better at economic management, at least as far as the “Sandgropers” are concerned.
The salutary lesson to learn from the west is that windfall bonanzas from mining and energy industries provide no guarantee of lasting economic benefit, irrespective of which mainstream political party is in power. And that’s not taking into account the revenue foregone by complex and tricky accounting practices that allow large mining corporations to minimize or avoid completely the paying of taxes and royalties in the first place.
We’re all being taken for fools, and perhaps we deserve it.

Alex Nelson Also Commented

Inquiry into fracking: Giving it the green light?
@ Hal Duell (Posted December 15, 2017 at 10:56 am): There have been several proposals and experimental projects for tapping into tidal power around Australia, including the northern coastline.
In the mid 1990s experimental work for harnessing tidal power in the Apsley Strait (which divides Melville and Bathurst Islands of the Tiwi islands) was conducted in a joint project by the Northern Territory University (now CDU) and the Power and Water Authority. Nothing seems to have come of it.
If I recall correctly, the Member for Nelson, Gerry Wood, suggested more recently that Apsley Strait (which is directly north of Darwin) be investigated for harnessing tidal power.
It does seem to be an obvious location for such a facility.


Inquiry into fracking: Giving it the green light?
The release of the draft final report of the inquiry into unconventional onshore fracking in the NT comes just two days after the 50th anniversary of Project Gasbuggy in New Mexico, USA.
On December 10, 1967, the US Atomic Energy Commission detonated a 29 kiloton underground nuclear explosion to test this method for fracking for natural gas.
It was the first of three such tests conducted in the US which was a part of a wider program (called Operation Plowshare) to find civil engineering uses for atom bombs.
Project Gasbuggy was of direct relevance to Central Australia because great expectations were held of this method for potential use in the new Mereenie gas field.
In fact, Magellan Petroleum had already applied to the US and Australian Atomic Energy Commissions for a licence to conduct nuclear fracking in The Centre.
Hopes were dashed when the gas extracted from the test sites consistently proved too contaminated with radioactive particles to be safely used; and the new method of hydraulic fracturing helped bring to an end the research program of Operation Plowshare in the mid 1970s.
Of course, it is unconventional onshore hydraulic fracking that now lies at the heart of the current controversy.


Recent Comments by Alex Nelson

NT tourism turbocharger out of gas as Feds eye off Kakadu
A cash splash of $216m versus $220m for Kakadu/Jabiru as the race commences for this year’s Federal election campaign.
Hmm, is it Tweedledum and Tweedledee, or Heckle and Jeckle? Cartoonists could have fun with this double act.


Traditional owners unite to dump Anzac as gallery site
It’s worth keeping in mind that the council-owned lease for Anzac Oval extends over the car park area in front of the school.
The NT Governent-owned lease starts from the front of the main school building and extends through the rear of the campus, so it’s not as big an area as many probably assume.


National Indigenous Art Gallery future in doubt: Gunner
This utter debacle should mean that several heads will roll, from the Chief Minister down.
If this happened anywhere else in Australia, that is what would happen.
An absolutely disgraceful performance, and I predict it will get worse before this matter is terminated.


The financial crisis in the Northern Territory
While we navel-gaze at our own dire financial situation in the NT, a report just posted on the ABC News site states: “Since its recent peak in late-August, the local market has plummeted by about 12% — as investors grow increasingly concerned about an unresolved trade war, slowing global economic growth and the United States raising interest rates too quickly.
“Sentiment is as bad as I’ve seen it for a long, long time … the negativity is absolutely rife,” Chris Weston, head of research at Pepperstone, said.
“Ultimately, the market is concerned if we do see a resolution between those two nations [the US and China] … the damage has actually been done to the global economy and we’re hurtling towards a recession.
“Equities is a confidence game, and if it goes down in China, Japan, Europe and the US, we are going down as well — there’s no doubt about that situation.”
That “we are going down as well” is us – Australia as a whole.
If recession is now on the cards, I think we can forget about assistance for the NT. The money is just not going to be there.
In my article “The forgotten lesson” I stated near the conclusion “currently both national and world circumstances appear decidedly tentative at best. We’re likely to find ourselves overtaken by events well outside of our control.”
At present it appears those events are now starting to overtake us.


Alice has hottest day on record
@ Fiona Walsh (Posted January 2, 2019 at 3:12 pm): Thank you, Fiona, for your most informative post.
The closure of the CSIRO in Alice Springs is, I consider, one of the most short-sighted and regrettable decisions ever made as far as Central Australia is concerned but typical of the myopia that afflicts contemporary coast-oriented bureaucracy.
Maintaining the presence of the CSIRO in the Centre would surely have been as vital in these times of worsening climatic conditions and consequent impacts on the environment as it ever has been in the past.
However, the loss of the CSIRO in Alice Springs is symptomatic, and certainly symbolic, of the lack of concern and real regard for so much of the real Australia.


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