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Canada Agrees to Its Own Auto Bailout

New York Times, 20 December 2008

Moving to pre-empt a possible shift of auto production to the United States, the governments of Canada and its Ontario province offered the industry 4 billion Canadian dollars in emergency loans on Saturday.

Russia wishes to have permanent observer status in OPEC

ITAR TASS, 17 December 2008

Russia wishes to have the status of a permanent observer in OPEC, Deputy Prime Minster Igor Sechin said at the organization’s meeting.

Mideast to cut jet fuel exports by 11 pct in 2009

The Guardian, 17 December 2008

Middle East refiners will cut jet fuel exports by 11 percent in 2009 as surging domestic demand mops up supplies even as the global downturn bites, analysts and traders said.

The economy won’t matter if the Earth dies

The Age, 18 December 2008

KEVIN Rudd and Penny Wong are prepared to bet the global environment against a plan to wedge the Coalition in the Senate to win the next election. Their commitment to cut Australian greenhouse gas emissions in 2020 by 5 to 15 per cent on 2000 levels amounts to an invitation to the rest of the world to sign on to a joint suicide note.

Taxi drivers blockade Spring Street in protest

The Age, 18 December 2008

Taxi owner-drivers have blocked off most of Melbourne's Spring Street in their protest over safety screens and are threatening traffic mayhem in other parts of the city.

CityRail on the brink

Sydney Morning Herald, 17 December 2008

THE CityRail network will reach choking point within four years, despite billions being spent on new trains and the long-delayed Epping to Chatswood Line, the pricing regulator has revealed.

Next Climate Summit May Turn on Rich Nations’ Approach to Poor Ones

Washington Post, 14 December 2008

The acrimonious end to the United Nations talks here [Poznan] early Saturday morning highlights the challenge rich and poor countries will face as they seek a global climate pact in the coming year, as well as a possible path toward compromise.

Latest Matt Simmons presentation

New Australian ETS and transport fuels page 15

17.6 Fuel tax adjustment arrangements

The Government recognises that people have limited flexibility to respond quickly to changes in fuel prices but tha

Big Oil Projects Put in Jeopardy by Fall in Prices

New York Times, 15 December 2008

From the plains of North Dakota to the deep waters of Brazil, dozens of major oil and gas projects have been suspended or canceled in recent weeks as companies scramble to adjust to the collapse in energy markets.