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To prevent dangerous climate change Australia’s emissions would have to be reduced by 55 per cent by 2015 and 95 per cent by 2020

Posted by gmarkets on 20 September, 2007

Australia Institute deputy director, Andrew Macintosh, said the greenhouse gas cuts Australia must achieve to prevent dangerous climate change may be substantially higher than thought, with modelling suggesting it should be as much as 95 per cent by 2020. Read the rest of this entry »

Posted in Climate, Emissions, Energy, Gas, Green Markets 0919, Policy, Pollution | Leave a Comment »

Taking the fizz out of carbon dumps: ONC in Australia plans to earn carbon credits using urea, from natural gas, as an ocean fertiliser

Posted by gmarkets on 20 September, 2007

Despite some concerns, the Ocean Nourishment Corporation in Australia was moving ahead with its plans to use urea as an ocean fertiliser, wrote Ian Jones, head of the Ocean Technology Group at the University of Sydney, Australia, and director of the ONC in New Scientist (15/9/2007, p.44). Read the rest of this entry »

Posted in Ecosystem Trading, Emissions Trading, Gas, Green Markets 0919, Marine, Plankton | Leave a Comment »

Biofuel feedstock: only real waste-biomass we have is urban waste, otherwise dumped in landfill, says enviro consultant

Posted by gmarkets on 20 September, 2007

Straw and grass have been suggested as good feedstock for biofuel plants, but were they really waste?, asked Dr Peter Wylie, a researcher and consultant specialising in environmental issues, in The Courier Mail (1/9/2007, p.58). Read the rest of this entry »

Posted in Agriculture, Biofuels, Energy, Gas, Green Markets 0919 | Leave a Comment »

Gunns’ Tamanian pulp mill faces greenhouse gas assessment: plant will add 2pc to national emissions

Posted by gmarkets on 19 September, 2007

Federal Labor had flagged subjecting the proposed Tasman­ian pulp mill to an assessment of its greenhouse gas impact, amid claims that it alone would generate 2 per cent of Australia’s carbon dioxide emissions, reported The Australian (7/9/2007, p. 4).

Read the rest of this entry »

Posted in Accounting, Gas, Green Markets 0919, Policy, Tasmania | Leave a Comment »

CO2 dump approved: Chevron Australia puts cost for storage scheme and first 10 years of operations at $850 million

Posted by gmarkets on 19 September, 2007

Chevron Australia general manager Colin Beckett said his company’s Barrow island project, to put carbon dioxide underground to reduce greenhouse gas emissions, would be larger than any other geosequestration scheme currently contemplated or in production, reported The Mercury (8/9/2007, p. 15).

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Posted in CCS, CO2 Dumps, Gas, Geosequestration, Green Markets 0919, Western Australia | Leave a Comment »

Queensland CO2 dump plans: legislative proposals set out CCS Exploration Permits, Potential Commercial Area and Storage Lease arrangements

Posted by gmarkets on 15 September, 2007

It was proposed that the P&G Act be amended and a new chapter inserted specifically to regulate tenure for CO2 capture and storage, according to the Queensland Department of Mines and Energy report, Carbon dioxide geosequestration tenure administration.

Distinct tenure briefly considered: To recognise the unique nature of CO2 geosequestration, a different tenure, distinct from the existing petroleum tenure, was also contemplated. Queensland was committed to using the MCMPR Regulatory Guiding Principles to develop CCS legislation.

Key issues for new laws: The legislation would aim to be consistent with the MCMPR Regulatory Guiding Principles and deal with the following range of issues:

• location of suitable sites;

• appropriate tenure type and term of tenure;

• capture and transport of CO2;

• access to that land;

• injection of CO2;

• storage of CO2;

• safety;

• monitoring of stored CO2;

• liability, including post-closure/post-project;

• financial;

• approval and assessment

Proposed CCS tenure model: Although the terminology may change the following tenure arrangements are proposed for CCS activities:

• CCS Exploration Permit (CCS EP);

• CCS EP for Retention- Potential Commercial Area (CCS PCA);

• CCS Storage Lease (CCS SL);

EP conditions: A CCS EP will allow the successful proponent to conduct CCS exploration in the permit area and according to the approved work program submitted with the application.

PCA conditions: A CCS PCA will be an option whereby a CCS EP holder has discovered a suitable underground reservoir for CCS storage but no “CCS stream” (yet to be defined) was currently available.

SL conditions: A CCS SL would allow the holder to inject and store a CCS stream into the previously approved CCS reservoir. The activities must be done according to the approved development plan for the project. Site selection will be one of the most important elements of CCS activities with a requirement for a “predictive CCS stream migration model” to be included in the development plan.

Reference: This publication may be printed from or downloaded form the DME website at ww.dme.qld.gov.au For copyright enquries telephone (07) 3237 1644 or send facsimile to (07) 3238 3188. The closing date for submission sis two months from the date of announcement by the Minister. Submissions can be sent by post, facsimile or email. Postal address: Mining Legislation Review, Mining and Petroleum, Department of Mines and Energy, PO Box 15216, City East Qld 4002 Facsimile: (07) 3238 3188 Email: ccsleg@dme.qld.gov.au Please note: This discussion paper is for public discussion and comment and does not commit the government or a Minister either to the views expressed in it or to a particular direction for future action. All submissions will be treated as public documents subject to the Freedom of Information Act 1992. Submissions may take the form of letters or emails addressing the questions asked in the paper, issues of concern, or a list of matters identified by page or section numbers, stating the issues arising and suggested solutions.

Posted in CCS, CO2 Dumps, Gas, Geosequestration, Law, Policy, Queensland | Leave a Comment »

Giant CO2 dump planned for North-West Shelf as Woodside plots LNG profits-pathway

Posted by gmarkets on 15 September, 2007

According to Stephen Wisenthal in The Australian Financial Review (27/8/2007, p.14), Woodside Petroleum managing director Don Voelte sees the latest next big thing, the $12 billion Pluto LNG project, as the ticket to an almost permanent growth path.

Strategy is merely a concept: Voelte insists the strategy he describes for sharing the gas produced from its 50 per cent owned Browse project, 1000 kilometres north of the North-West Shelf, is merely a concept. Still, he’s got a pretty clear idea. Thirty per cent could go to a 6 million tonne a year LNG expansion of Pluto, of which Woodside owns 100 per cent, leaving the rest of Browse to supply an expansion of the North-West Shelf Project.

Conveyor-belt approach: The early production could come from the North-West Shelf fields which, when depleted, Woodside would potentially use to store waste carbon dioxide it stripped out during processing. The conveyor-belt approach of building a new plant every couple of years will also help Woodside get ahead in the battle for skilled people, says Voelte. “In the LNG business, people have jumped from company to company as projects come along, once every 10 years,” he says. “What we’ll be able to do is offer them a career. We’ve hired a few people recently, some of the best in the industry, because they know they’ve got five or six trains coming to work on, and they can stay in one company, in lovely Perth, lovely Australia, to raise their families, and let their kids go continuously to schools.”

The Australian Financial Review, 27/8/2007, p. 14

Posted in Australia, CCS, CO2 Dumps, Gas, Geosequestration, How to make money | Leave a Comment »

Shell and Anglo American versus Esso in Victoria CO2-dump war: Shell and Anglo own the waste-CO2, and Esso owns the CO2-hole

Posted by gmarkets on 15 September, 2007

Success in life extension work by Bass Strait operator Esso has prompted the ExxonMobil subsidiary to predict that the region still had more than 20 years left of oil production and more than 30 years of gas, reported The Sydney Morning Herald (30/7/2007, p.22). A $400 million seismic data and infill drilling program, involving wells at the Kingfish, Bream, Halibut and Fortescue fields, was adding 30,000 barrels of crude oil to daily production, worth close to $1 billion a year on current prices. But Esso’s success had implications for the planned $5 billion Monash Energy coal-to-liquids project in the Latrobe Valley, a joint venture between Shell and Anglo American. Feds pump money into CO2 dump demos: The potential for carbon capture and storage (CCS) in Bass Strait’s reservoirs was the subject of a Federal Government-funded study by Monash that found there was massive storage capacity in depleted hydrocarbon reservoirs or in deeper geological structures.

NIMBY says Esso: But success in the Esso infill program suggested that the implementation of CCS in Bass Strait could be further off than first thought, given the intention of draft legislation that existing oil and gas production not be affected by licences issued for CCS. Monash countered that there was “still no new information to challenge the initial conclusion that hydrocarbon extraction and CCS can be entirely compatible activities in the Gippsland Basin [Bass Strait]”.

The Sydney Morning Herald, 30/7/2007, p. 22

Posted in CCS, Emissions, Energy, Gas, Geosequestration | Leave a Comment »

Satellite maps show shocking gas-flare energy waste: 170bn cubic metres of natural gas lost to oil producers’ flares in 2006; emitting 400mt CO2/yr

Posted by gmarkets on 15 September, 2007

A study commissioned by the World Bank and carried out by the US National Oceanic and Atmospheric Administration estimated that, based on satellite photos, 170 billion cubic metres of natural gas went up in oil producers’ flares last year, reported The Age (1/9/2007, p.B3).

27pc of entire US consumption: The bank said the amount was equivalent to 27 per cent of the entire US consumption of natural gas, and 5.5 per cent of global gas output. Had it been sold in the US at 2006 prices, it would have been worth $US40 billion ($A53 billion at 2006 exchange rates). And were the world’s oil producers a country, gas flares alone would make them one of the biggest polluters on the planet. The flares emit some 400 million tonnes of carbon dioxide a year, more than 1 per cent of the world’s carbon dioxide emissions, and not much less than Australia’s.

Huge waste of energy: Brent Svensson, manager of the bank’s global gas-firing reduction partnership with oil producing companies, said that “Gas flaring not only harms the environment by contributing to global warming, but it is a huge waste of a cleaner source of energy that could be used to generate much needed electricity in poorer countries. In Africa alone, about 40 billion cubic metres of gas are burned every year, which, if put to use, could generate half the electricity needed in that continent.”

Russia the worst culprit: Russia was the worst culprit. From satellite photos, the US scientists estimated that Russia flared-off 50.7 billion cubic metres of gas in 2004, a third of the world’s total. Nigeria’s oil producers were the second worst, burning off 23 billion cubic metres of gas. Iran was third, followed by Iraq, Kazakhstan, Algeria, Angola, Libya, Qatar, Saudi Arabia, China and Indonesia. The US might have been among them, except that the researchers only investigated the flaring at its offshore wells. Australia was a relative cleanskin, but even it flared off 750 million cubic metres of gas.

Progress in reduction is slow: The study examined 12 years of satellite records, concluding that while 16 countries including Indonesia and Norway have reduced their flaring since 1994, 22 others have increased the amount going up in flames. The bank was trying to generate common action by all stakeholders to reduce gas flaring, and find markets and infrastructure to put the surplus gas to use. BP, Shell, ExxonMobil and Chevron were all partners in the enterprise, along with the Organisation of the Petroleum Exporting Countries and its key members. But progress has been slow.

The Age, 1/9/2007, p. B3

Posted in Emissions, Gas, Global, Methane, Policy | 1 Comment »

Geoscience Australia looking to staff new CO2 dump program: six positions including a trainer for Asia-Pacific partners

Posted by gmarkets on 15 September, 2007

Geoscience Australia placed a recruitment advertisement for six geoscientists to work in a new program which aimed to reduce CO2 emissions,”Geoscience Australia is seeking motivated people who are keen to contribute to the reduction of atmospheric CO2 emissions by being involved in the development of a new program for geological storage of carbon dixoide within the Petroleum and Greenhouse Gas Advice Group,” the advertisement read. “You will work within a multidisciplinary team of geoscientists to further develop the agency’s expertise in the areas of basin and reservoir modelling, CCS regulation, and management of monitoring and verification programs. Many of the skills we require are used in the oil and gas industry, and the hydrological and environmental sciences.” Wide range of experience also canvassed: “A range of positions are available from new graduate to project managers,” the advetrtisement continued. “Duties and remuneration will be based on qualifications and experience. For appointment at Levels 6 & 7 it is desirable for the person to have experience in Carbon dixoide Capture and Storage (CCS) issues, and have extensive industry or research experience.”

Training role targeted: “One of the senior positions will be in the International CCS Project to assist the Chief Scientist: Carbon Dioxide Capture & Storage in the management of a component of the Asia-Pacific Partnership on Clean Development and Climate (AP6). This role is associated with capacity building and technology transfer projects, and will require training and development of staff from AP6 participating countries. For this position you will need experience in geological storage issues and strong project management skills. You will need an appropriate degree in science or engineering. Senior appointments will require extensive industry or research experience and a strong understanding of CCS issues. The initial contract period is until 30 June 2011.”

Reference: For further information about this position, please contact Andrew Barrett, Phone: (02) 6249 9502, or email: Andrew.Barrett@ga.gov.au Applications close 21 September 2007.

The Canberra Times, 8/9/2007, p. E2

Posted in Asia, Australia, CCS, CO2 Dumps, Gas, Geosequestration, Policy | Leave a Comment »