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The feds have ditched us on climate change, it's time we ditch them too


The feds have ditched us on climate change, it’s time we ditch them too
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April 23, 2021 — 7.30pm
April 23, 2021 — 7.30pm
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Towards the end of last year, I attended a panel discussion on climate change in Sydney. It was a fairly unremarkable evening, except for one thing. There side-by-side on stage, wedged between a host of other panellists, sat the NSW Environment Minister Matt Kean and his Labor counterpart Adam Searle.
NSW Energy and Environment Minister Matt Kean.
Credit:Dominic Lorrimer
They were spruiking the Berejiklian government’s $32-billion investment in renewable energy like two flatmates announcing a kick on back at theirs – primed, excited, wholly convinced that this was a great idea. ....

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Dry Bulk Market: Australia's Iron Ore Exports a Major Factor for Further Dry Bulk Market Momentum


Dry Bulk Market: Australia’s Iron Ore Exports a Major Factor for Further Dry Bulk Market Momentum
China’s demand helped sustain dry bulk seaborne trade during the year of the pandemic that was 2020. As a result, an economic rebound with the added emphasis on infrastructure is expected to further improve demand for Australia’s iron ore moving forward. In a recent report, shipbroker Banchero Costa said that “2020 was still a reasonably positive year for global iron ore trade, given that demand from China remained strong, and the main constrain has actually been if anything insufficient supply capacity from the exporters. Total global loadings in the 12 months of 2020 were up +1.4% yearon-year to 1547.0 million tonnes, according to vessels tracking data from Refinitiv. Mainland China accounted for 73% of global seaborne iron ore imports, and saw imports increase by +6.9% y-o-y to 1107.5 mln tonnes in 2020”. ....

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Global reset on climate action leaves Scott Morrison looking like yesterday's man | Australian politics


But what the summit demonstrated is the world has reset on climate action, and will probably remain in a cycle of ambition while Biden is in the White House. Instead of a competition for who can avoid responsibility most cunningly, what’s under way now is a race to win the transition.
Australia needs to be in this race for the following reasons.
Runaway global heating imperils human lives. Failing to transition Australia’s carbon-intensive economy to the new energy economy imperils jobs, prosperity and opportunity. Australia, the resources economy, the exporter of carbon emissions, is now trading in a net zero environment. That die is cast. If the Coalition continues to dish up a fast food diet of weaponised climate politics and prolonged policy uncertainty – mobile capital looking to prosper in the transition will shift elsewhere, where the rules are clearer. ....

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Levy or 'tax' the latest issue up for consultation


THE following is an initiative proposed by Harness Racing Australia, supposedly for “ industry consultation”.
This in itself, would be a novelty given the “consultative process” which we were told preceded the adoption of the horrendous “ratings” handicapping system with which we are now saddled.
Australian breeders are set to benefit with a prizemoney injection of more than $2m into new racing opportunities for Australian bred horses which will lift the industry to new heights.
The Harness Racing Australia (HRA) Executive is proposing the immediate introduction of a new Stallion Levy which will raise the critical funds to promote, improve and support the harness racing industry. ....

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