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Business

Southern Renewable Energy Zone to be connected to national electricity market

The answer to cheaper and cleaner energy has been blowing in the wind for years — and finally the federal government has realized, green energy advocates say.

This week’s announcement that the federal government will foot the bill to connect the Southern Renewable Energy Zone to the national electricity market is historic, according to the Queensland Conservation Council.

“We’re finally seeing some clarity from government on the fact that we are transitioning to renewables,” council director Dave Copeman said.

“For too long, it was a political football. And that just meant there was no certainty for investors.”

Mr Copeman said that “lack of certainty” had hurt Queenslanders in the hip pocket.

“Our power bills have gone up… but this decision says the future of power will be cleaner and cheaper,” he said.

“There’s no fuel price for wind or solar, it doesn’t go up and down when you have international crises.

“It just gets cheaper and cheaper the more you build.”

The Macintyre wind farm precinct, which is one of two projects in the Southern Renewable Energy Zone, is expected to be operational on the Southern Downs in 2024.

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Construction of MacIntyre Wind Precinct kicks off in Queensland.(Supplied: ACCIONA Energy)

Nail in the coffin for fossil fuels?

Not too far from the Southern Renewable Energy Zone is the town of Acland, home to the New Acland Coal Mine.

Owners of the mine are hoping to expand its operation.

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Categories
US

US to send $4.5 billion more to Ukraine for budget needs

National flags of Ukraine and the US fly at a compound of a police training base outside kyiv, Ukraine, May 6, 2016. Picture taken May 6, 2016. REUTERS/Valentyn Ogirenko

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Aug 8 (Reuters) – The United States will provide an additional $4.5 billion to Ukraine’s government, bringing its total budgetary support since Russia’s February invasion to $8.5 billion, the US Agency for International Development said on Monday.

The funding, coordinated with the US Treasury Department through the World Bank, will go to the Ukraine government in tranches, beginning with a $3 billion disbursement in August, USAID, the Agency for International Development, said.

It follows previous transfers of $1.7 billion in July and $1.3 billion in June, USAID said. Washington has also provided billions of dollars in military and security support. The Pentagon announced a $1 billion arms aid package on Monday. read more

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Overall, the United States has contributed more than $18 billion to Ukraine this year.

The new budgetary funds are to help the Ukrainian government maintain essential functions, including social and financial assistance for the growing poor population, children with disabilities, and millions of internally displaced persons, as the war drags on.

Ukrainian officials estimate the country faces a $5 billion-a-month fiscal shortfall – or 2.5% of pre-war gross domestic product – due to the cost of the war and declining tax revenues. Economists say that Ukraine’s annual deficit will swell to 25% of GDP, compared with 3.5% before the conflict.

The World Bank estimates that 55% of Ukrainians will be living in poverty by the end of 2023 as a result of the war and the large numbers of displaced persons, compared with 2.5% before the start of the war.

USAID said US budget support has enabled the Ukrainian government to keep gas and electricity flowing to hospitals, schools and other critical infrastructure and deliver urgently needed humanitarian supplies to citizens.

The funds have also paid for healthcare workers, teachers and other civil servants.

USAID said robust safeguards had been put in place by the World Bank, along with USAID-funded, third-party watchdogs embedded within the Ukrainian government to make sure the funds are directed where they are meant to go.

“This economic assistance is critical in supporting the Ukrainian people as they defend their democracy against Russia’s unprovoked war of aggression,” US Treasury Secretary Janet Yellen said in a statement provided to Reuters.

The injection of fresh cash for Ukraine comes as the war, which Russia calls “a special military operation,” stretches into a sixth month, with millions of displaced Ukrainians and authorities warning of likely gas shortages in winter.

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Reporting by Andrea Shalal; Editing by Heather Timmons and Howard Goller

Our Standards: The Thomson Reuters Trust Principles.

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Categories
Australia

Tanya Plibersek proposes blocking Clive Palmer’s Queensland coal mine on environmental grounds

For the first time in Australian history, a federal environment minister has set the wheels in motion to reject a coal mine.

Environment Minister Tanya Plibersek has proposed the rejection of Clive Palmer’s Central Queensland Coal Project on the grounds it is likely to damage the Great Barrier Reef.

The decision remains a “proposal” because a final decision can only be made after 10 days of further consultation, including public comment. But given the wide range of reasons cited by the minister, it is unlikely to be approved.

The planned mining site is just 10 kilometers from the Great Barrier Reef near Rockhampton, and was likely to have contributed to ocean pollution, according to the minister.

“Based on the information available to me at this stage, I believe that the project would be likely to have unacceptable impacts to the Great Barrier Reef Marine Park, and the values ​​of the Great Barrier Reef World Heritage Area and National Heritage Place,” Ms Plibersek said.

A map shows the location of a mine and the location of the Great Barrier Reef.
Clive Palmer’s proposed coal mine site is just 10 kilometers from the Great Barrier Reef World Heritage Area.(abcnews)

The decision was also based on potential impacts to local water resources.

Although it is the first time a federal environment minister has proposed to reject an application to develop a coal mine, the Queensland government recommended the rejection last year.

The move was announced the same day the government passed its climate bill through the lower house, with the support of the cross bench including the Greens.

The Greens have been pushing the government to reject all coal and gas projects while the government has said it will approve those that stack up environmentally.

“That’s now one down and 113 to go. There’s 114 of these projects in the pipeline,” Greens leader Adam Bandt said.

The Greens have also been pushing for a “climate trigger” that would require the potential impacts of coal and gas projects on climate change to be considered by the environment minister. As it stands, the potential climate change impact of this mine was not considered in the approval process.

Conservationists, activists glad minister ‘listened to warnings’

The preliminary decision was applauded by conservationists and climate activists.

“This is the right proposed decision for the Great Barrier Reef from the environment minister,” Cherry Muddle from the Australian Marine Conservation Society said.

“We are glad she has listened to warnings from government-appointed and independent scientists, as well as the Queensland government who said the mine was ‘not suitable’ to proceed in April 2021.

“In the wake of the fourth mass bleaching event on the reef since 2016, it is vital new coal and gas projects like this one are refused. It shows the government are serious about saving the reef and tackling the issues that threaten it.”

A photo from above the Great Barrier Reef shades of blue ocean
Queensland’s environment department deemed Clive Palmer’s project “not suitable” to proceed last year.(Facebook: Great Barrier Reef Legacy/File photo)

The proposed project included two open-cut pits north of Rockhampton over an area of ​​more than 2,660 hectares.

The detailed reasons for the proposed decision have not yet been released, but included impacts on a world heritage area, and on-water resources. The project’s potential impacts on threatened species was not listed as a reason for rejection.

The public has 10 days to comment on the proposed decision.

Mr Palmer’s company Central Queensland Coal was not available for comment.

The Queensland government concluded in 2021 the mine would generate royalties for the state of between $703 million and $766 million in total.

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Categories
Business

Gold mine near Orange stops extraction, carries out evacuation following underground incident

An underground incident in one of Australia’s largest gold mines has forced the evacuation of staff and extraction to be suspended.

Cadia Gold Mine near Orange in the central west of New South Wales has not mined any ore for almost two weeks after it halted underground work on July 22.

Its surface operations, which involve the production of gold and copper concentrate, are still operating and it says it still delivering the same volume of product as usual.

General manager Aaron Brannigan released a statement after the mine was evacuated that said the decision was made to ensure the health and safety of its workforce.

“The evacuation was due to instability in one of Cadia’s vent rises [ventilation shafts],” Mr Brannigan said.

“All personnel were unarmed and many are continuing work in other areas of the operation.”

Road closed sign and road closed barriers across bitumen road
A section of Cadia Road between Woodville and Panuara roads is shut as a precaution following an incident in the underground mine.(ABC Central West: Joanna Woodburn)

The Environment Protection Authority and NSW Resources Regulator have confirmed water from an intersecting aquifer has flowed into the ventilation tunnel.

The Natural Resources Access Regulator said it was also investigating the incident.

Cadia confirmed it was carrying out visual assessments.

“We have limited access to the vent rise [and] we will complete our visual inspections through remote techniques and technologies as soon as it is safe to do so,” a statement said.

Damage closes road

The damage underground has also now forced the partial closure of a road bordering the mine.

Cadia Road between Panuara and Woodville roads has been shut and it was not yet known when it would reopen.

The mine is owned by Newcrest Mining, which hosted a community meeting on Tuesday night.

Local farmer Gemma Green said she had not realized how close the ventilation shaft was to Cadia Road.

“It’s actually closer than I thought, it’s about 35 to 45 meters from that main public road,” Ms Green said.

“I would not have that road open after what I heard last night.

“The instability in that top 100 meters that was shared and the potential crumbling of what they call the collar.

“My biggest concern is emergency services route, in the event that someone has to call an ambulance.”

Road sign with sign pointing to mine
A local road bordering Cadia Gold Mine has been partially shut after its underground mine was forced to temporarily close.(ABC Central West: Joanna Woodburn)

Water concerns

Gemma Green chairs the Cadia Community and Sustainability Group and said one if its key issues was the protection of local water sources.

“The damage is obviously very serious and one of their key intentions is to stop that water flowing into the ventilation shaft,” she said.

“Newcrest made it very clear that their intention is to stop the water as quickly and safely as they can.

“I’d be encouraging people to give their feedback locally in and around that aquifer in the event they have changes in their bore levels.”

In a statement on Wednesday Cadia’s general manager Aaron Brannigan said the proposed response plan would be carried out in a series of steps.

“The initial assessment of the area directly surrounding the ventilation [shaft] to ensure it is safe to access, the mobilization of drill rigs to install a high-pressure grout curtain to minimize the water inflow and filling the vent with inert rock material to stabilize it,” the statement said.

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