LNG producers write off $20bn

Australias LNG sector has blown up more than 20bn in writedowns – Over $22bn has now been written off on projects run by Woodside Petroleum, Shell, Origin Energy & Oil Search so far in July
— Read on www.theaustralian.com.au/business/mining-energy/lng-producers-write-off-20bn/news-story/d6c4ad5813e55a00eee36200883c0eef

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World’s nuclear fusion dream takes a leap forward

Eureka – “danger threshold of temperatures of 1.5°C above pre-industrial levels already close, there may not be enough time left for the fusion dream to be realised.

29 July, 2020 – The biggest science experiment on Earth could avert climate change. But is there still time for nuclear fusion to work?
— Read on climatenewsnetwork.net/worlds-nuclear-fusion-dream-takes-a-leap-forward/

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CEFC backs smart charging and vehicle-to-grid, but Taylor says no to EV targets

CEFC backs smart charging and vehicle-to-grid, but Taylor says no to EV targets | The Driven
— Read on www.google.com.au/amp/s/thedriven.io/2020/06/16/taylor-backs-smart-charging-and-vehicle-to-grid-but-says-no-to-ev-targets/amp/

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Auto industry offers voluntary CO2 standards, but it won’t stop Australia being dumping ground for dirty cars | The Driven

Auto industry offers voluntary CO2 standards, but it won’t stop Australia being dumping ground for dirty cars | The Driven
— Read on thedriven.io/2020/07/24/auto-industry-offers-voluntary-co2-standards-but-it-wont-stop-australia-being-dumping-ground-for-dirty-cars/amp/

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Solar Surge Is Making Coal Plants Unprofitable in Top Exporter

Even the world’s top coal exporter is struggling to make money from burning the fuel.
— Read on www.bloomberg.com/news/articles/2020-07-23/solar-surge-is-making-coal-plants-unprofitable-in-top-exporter

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Aussie billionaire fossil fuel doyens plead for further massive public handouts.

In this leaked letter from Coal Digger Coral Bleach to ScoMo, Aussie billionaire fossil fuel doyens plead for further massive public handouts.

Dearly Devoted ScoMo,

We can’t thank you and your fossil fuel friendly office enough for entrusting us with Australia’s economy. Free from democratic constraints and any other green tape, our National Coalvid Coordination Commission (NCCC, starring us ) is drilling down even deeper thanks to all that lovely taxpayers’ money!  No virus (or science or economics etc) will stop our turbo fracking!

While Saudi Arabia and Russia were feuding over oil and gas prices – stranding swollen tankers, decimating supply chains and collapsing market confidence in our carbon economy – we Aussie diggers have stolen the prize as The World’s Biggest Fossil Fuels Digger & Dealer!

As you say ScoMo, ‘How Good is Australia’!

But ScoMo mate, beneath our cheers are fears and tears! As market analysts (with reports with nasty names) are showing, carbon share prices had virtually halved during the decade prior to COALvid-19! That’s right, PRIOR to this carbon demand bashing pandemic.

Even with JobKeeper loopholes for billionaires, we’re literally facing collapse!

And all the while, solar and wind extractors have been stealthily invading our market territory, eroding our super profits and generally creating a ‘hellscape’ for us BUMS*!

Amid global calls to ‘build back better’, and for a ‘Great Reset’, we urge you to stand strong with us ScoMo! Don’t give in to the latte sipping, smashed avocado eating greenest alarmists – bring on more fossil fuel subsidies mate!

Don’t forget Who’s Who in Australia! We know you can deliver!

Yours Forever Effluently,

Ms Coral Bleach
CEO2 Billionaires United Mining Services* (BUMS)
ccd to NCCC via your Department of the Prime Minister and Cabinet

PS: BUMS’ political donation on account of the Government’s great work (nudge nudge wink !) is in the coal sack that our man servant threw over the walls of Kirribilli House last night.

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Australian manufacturing has been in terminal decline but coronavirus might revive it – ABC News

Australia ranks last in the developed world for the amount of manufactured goods we produce compared to what we consumer, but the COVID-19 pandemic may be a catalyst to arrest the decline.
— Read on www.abc.net.au/news/2020-07-23/coronavirus-pandemic-leads-to-australian-manufacturing-revival/12481568

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Global heating: best and worst case scenarios less likely than thought

Many words, far too polite:

Uncertainty over climate outcomes reduced but experts warn urgent reduction in CO2 levels is essential
— Read on amp.theguardian.com/environment/2020/jul/22/global-heating-study-narrows-range-of-probable-temperature-rises

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Climate change is the greatest threat

While the world was preoccupied with an ever increasing number of coronavirus cases this week, a hugely significant scientific report was allowed to pass under-reported and unremarked.
— Read on www.canberratimes.com.au/story/6838483/climate-change-is-the-existential-crisis/

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How dirty is coal?

Check 10th dirtiest power station, Vales Point, against annual aircraft emissions.

pic.twitter.com/Er4bpvdQwD

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