No matter how enthusiastic some oil industry companies are about …

Comment on Fracking may be used but horizontal drilling will be preferred by Richard Bentley.

No matter how enthusiastic some oil industry companies are about locating oil and gas in the NT any discoveries are not good news. The exploitation of these resources means more CO2 in the atmosphere and the continuing warming of the globe.
By concentrating on renewable energy we can be confident we are not polluting our environment. From my observation there is plenty of sun in the centre and we don’t have to frack or drill to catch it.
At this point it is helpful to have a mechanism, “carbon trading” to encourage renewable energy development but if the price of renewables continues to decline it will become more competitive with carbon energy sources and the “carbon price” would reduce.
In my view it will be a matter of how quickly the cost of renewable energy declines and how fast we want to reduce carbon emissions that will determine the short term “carbon price”. Predictions however that the price of carbon will march inexorably upward are simply scaremongering designed to delay taking the first essential steps.
Australia has now taken the firsts steps and should now stay the course.

Recent Comments by Richard Bentley

Bangtail Muster draws big crowd on glorious day
You missed the electric vehicles editor. Otherwise a great story.
[ED – Thanks, Richard. Yes, they were there.]

Flood report a trickle, not a banker
@ Tru But: I think you will find the causeway is a minor impediment and the major issue is the narrow Gap itself. If you wanted to reduce the risk you might widen the Gap by a 100 metres or so. I am sure that would be a popular move.
It would seem that the town was built in the wrong place so whatever you do will be expensive and possibly have limited effect.
Following the surveys it may be possible to identify a site for a retention basin which holds water back temporarily rather than building a dam. It would be equivalent to building another Gap above the town.
Maybe every home should have a life boat.

Gas, fracking: potential benefits to Aborigines enormous
@ Steve Brown: Calling persons apposed to fracking loonies does not add anything to your view point. I think both sides have good cases to make with no doubt if even half of the theorised potential was realised and prices stayed high then the NT and local landholders be they pastoralists or native title holders stand to benefit substantially.
However the gas is not going anywhere so I do not see what the urgency is. One report said this resource would last 200 years. If we damage water resources and then have to find a new resource anyway we have been short sighted.
The renewable resources are rapidly becoming competitive and likely within 10 years will make any decision now to exploit gas seem very short sighted.
Secondly mining and burning gas will add greenhouse gases to the atmosphere and add to the global warming problem. This is something we should avoid at all cost.
A four year moratorium is a small price to pay. It should be 10.

Sick of the weather? Join the club.
Is it weather or is it climate? It is interesting that climate change predictions were for increasing droughts 10 years or so ago and now we seem to be getting more wild storms and heavy rain.
The reason being that the sea is warmer and hence moore evaporation and more moisture in the atmosphere. What is almost certain in Central Australia is that following rain will be fire and smoke.
And watch out for that piece of ice about to fall off Antarctica.

Climate change from an Alice perspective: Time to act.
You will know your arguments are cutting through when Centralian Petroleum invests in solar. The time is right for them to jump into the solar market.

Be Sociable, Share!

A new way to support our journalism

We do not have a paywall. If you support our independent journalism you can make a financial contribution by clicking the red button below. This will help us cover expenses and sustain the news service we’ve been providing since 1994, in a locally owned and operated medium.

Erwin Chlanda, Editor