(1) Infrastructure Australia Act 2008
Infrastructure Australia was set up under an Act in 2008
http://www.frli.gov.au/ComLaw/Legislation/Act1.nsf/0/8D482E840B59D9DACA257427000C1FBB/$file/0172008.pdf
In clause 5.2.a Infrastructure Australia’s function is
“to conduct audits to determine the adequacy, capacity and condition of nationally significant infrastructure, taking into account forecast growth;”
This implies perpetual growth without the requirement of a resource analysis (e.g. fuel and energy requirements for the [...]
The Energy Information Administration has now released the crude oil data for December 2009. That allows us to do an annual graph to watch the race for the peak (in terms of annual production).
Data are often revised backward for several years but at present it seems 2005 was still the peak year at 73,719 million [...]
On 1st March 2010, the Federal Government published a new Australian Energy Resource Assessment (AERA)[1]. In chapter 3 on oil it contains a graph on future oil production on page 79.
What we can see from this graph (note the inserted comment is by the author of this paper):
Crude oil production from known oil fields will [...]
The Sydney Morning Herald is conducting an inquiry into public transport in Sydney.
http://www.transportpublicinquiry.com.au/
This is the summary of my submission:
The 1st phase of peak oil, which started in 2005 at around 74 mb/d and which triggered the GFC in the 2008 oil crunch, has resulted in a demand destruction of 5 mb/d in OECD countries. We [...]
Federal Transport Minister Albanese (17/2/2010): “We’re about to start the $1.65 billion Hunter Expressway”
http://www.theherald.com.au/news/local/news/general/hunter-fast-train-could-shore-up-labor-votes/1752761.aspx?storypage=2
This will get stuck in the next oil price shock:
Barclays and Bank of America see looming oil crunch
http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/7266837/Barclays-and-Bank-of-America-see-looming-oil-crunch.html
Well, the 1st oil crunch since crude oil started to peak in 2005 was in 2008:
21/2/2010
1st phase of peak oil caused demand destruction [...]
