Word: coaling
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...Tensions have also been exacerbated by the economy's increasing dependence on Asian markets. The long economic boom came courtesy of Asian - read Chinese - demand for Australian commodities such as iron ore, coal and bauxite. In large measure, Australians understand the benefit of this regional trade. "The Australian people are enormously practical about the reality of China," says Rudd. "That hundreds of thousands of Australian jobs, directly or indirectly, depend on Chinese trade is something Australians...
...says, "or you can ball up a few ideas, some of which have some prospects." It's not a bad blueprint for any nation navigating a place in this globalized world. Makes you wonder whether Australia couldn't export that having-a-go spirit along with its iron ore, coal and gas. The world might be better...
...nuclear plants in Germany, but advocates extending the life of newer plants for 40 to 50 years. "We have already spent $55 billion on them," she says. "Rather than having a sunk investment, we can use them as a bridge to buy time while we work on cleaning up coal, which provides 50% of electricity in Germany...
...Back in Hamburg, the traffic lights are flashing red, green and yellow again, fed by coal and gas plants. The incident on Saturday was strike two for Krümmel, which had reopened only last month following a two-year shutdown after a transformer caught fire in 2007. Officials at operator Vatenfall Europe say Krümmel will stay offline for "several months" until they figure out what caused the latest short circuit. Whether Germany will pull the plug on the nuclear plant for good is up to the voters in September...
...corporate tax or the equivalent of the corporate tax that the cap-and-trade - I call it cap-and-tax - agenda is going to usher in. What he needs to be understanding is, we have the domestic supplies of energy in America. It's conventional sources - oil, gas, coal, it's nuclear - and we have the renewable sources here in America. But if we're not allowed to drill and develop those conventional sources in this transition period between now and when we can rely more on alternative sources, we're going to become more and more reliant on foreign...