Thursday 27 January 2011

Keneally fiddles why New South Wales burns. Does O'Farrell intend to throw petrol on the fames?


While the Keneally Government has forced New South Wales to bend over and present to the powerful private energy industry sector with its under the table sell-off of the state’s electricity assets, this is how far we are behind in our undertakings regarding reduction of greenhouse gas emissions from electricity generation between 14 to 24 January 2011.

Surely not even Premier Kristina Keneally can think that the private sector will seriously address this problem and, at less cost to the consumer?

As for Barry O’Farrell – he’ll probably continue with the sell-off once in office and then consider buying shares in Macquarie Generation, Delta, Eraring, AGL, Origin or Tru Energy.

Last week:

  • Total emissions grew by 4.1% or 78,000 tonnes, due largely to an increase in emissions from coal-fired generation.
  • Emissions from coal-fired generation, which accounted for 90% of electricity generation, grew by 6.4% or 70,000.
  • Emissions from gas grew by 5.7% or 9,000 tonnes.
  • Emissions from petroleum fell by 0.1% or 1,000 tonnes.
  • Electricity demand grew by 3.6%.
  • NSW imported 7.8% of its electricity demand to other states, compared to 7.7% the previous week.

Last year:

  • This week’s indicator is 1.0% higher than the same week in 2010
  • Total emissions to this stage of 2011 were 1.6% lower than the similar stage last year

Baselines:

  • 1990: 22% above
  • 2000: 4.2% above

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