Thursday, September 10, 2009

Is gorgon inflated?

$70 bilion or actually $32 billion. Is the $70 billion based on an inflated estimate by the government of LNG prices as Goldman Sachs JB Were suggests? In terms of its significance to the Australian economy, does it matter?

the sins of coal

Australia is the world's worst emitter of carbon dioxide - per capita. It's because of our dependence on coal to generate our electricity. With just under 20 tonnes a head we've overtaken the US. The average person in India emits 1.2 tonnes a year.

source: a risk assessment by Maplecroft

is Gorgon inflated?

$70 bilion or actually $32 billion. Is the $70 billion based on an inflated estimate by the government of LNG prices as Goldman Sachs JB Were suggests? In terms of its significance to the Australian economy, does it matter?