Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.
Joined: Mar 04, 2005 Posts: 2753 Location: New Zealand
Posted: Sat Mar 15, 2008 3:14 pm Post subject: NZ potentially sitting on energy goldmine
NZ potentially sitting on energy goldmine
Quote:
As world energy prices rise ever higher, fuelled in part by apparent insatiable demand, New Zealand has some big calls to make about the use of its resources.
For example, what to do with the vast quantities of lignite at the bottom of the South Island that Solid Energy thinks could be turned into liquid fuels.
Then there is the Government's 10-year moratorium on baseload thermal generation, its emissions trading scheme, and its target of having 90 per cent of electricity generation from renewable sources by 2025.
Some industry players fear those policies, aimed at reducing carbon dioxide output, could lead to too little exploration for new gas resources.
It is also suggested the Government policy could limit the amount of exploration for oil in the huge offshore basins where so far the surface has barely been scratched.
The fat over those issues and many others affecting energy resources was well and truly chewed over at the industry's New Zealand Petroleum Conference in Auckland this week.
As an indication of what could be at stake, investor and champion of this country William Buechler raised the possibility New Zealand could follow in the economic footsteps of Norway.
Were that to happen this country could emerge as a serious source of energy for the world and become a powerful economic force to be reckoned with, while the capital provided by major discoveries would change the country forever, he said.
Associate energy minister Harry Duynhoven seemed to fancy the idea, telling the conference that New Zealand "should set its sights on becoming an oil exporter to the world".
stuff _________________ Human history becomes more and more a race between education and catastrophe. H. G. Wells.
Fatih Birol's motto: leave oil before it leaves us.
Posted: Sat Mar 15, 2008 4:11 pm Post subject: Re: NZ potentially sitting on energy goldmine
Quote:
For example, what to do with the vast quantities of lignite at the bottom of the South Island that Solid Energy thinks could be turned into liquid fuels.
Spam Science.
We could also turn sewage into liquid fuels. Let's get right on that.
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