Kiwiblog has done a worthy job and written out a list of all the things that the environmentalists want to ban - a total of 85 items.
Some of these are hugely costly, this one in particular:
31 - Ban coal mining
We have at least 2000 years worth of coal in the ground, worth perhaps 1000 billion dollars. That little item could mean the difference between riches and ruin.
We urgently need to mine as much coal as we possibly can, and soon, before the world loses interest in it.
UPDATE: I have to agree with Whaleoil on this. Given the mess the environmentalists have got this country into, it is an idea worthy of serious consideration.
I think it might be simply easier to ban the Greens.
The EIA (Energy Information Association) has quoted reserve to production ratios for coal at around 164 years.
Source: http://www.eia.doe.gov/neic/infosheets/coalreserves.html
'We urgently need to mine as much coal as we possibly can'
- What about when atmospheric CO2 surpasses tipping points, possibly causing devastating changes in the average global temperature? Surely we should be looking away from coal as a quick fix for the impending energy (oil) crisis?
Banning coal mining now could also be a good option economically, as it is envitable that demand for coal will increase in the near future, and therefore the price will go up.
Waiting before further exploiting coal reserves in NZ could therefore offer economic and environmental advantages. Especially with improvements of CCS (carbon capture and storage) technology.
Posted by: mjanderson | October 29, 2008 at 03:52 PM
New Zealand has 1000 years of coal on the West Coast and about the same again in Southland based on current production volumes.
There is no evidence of an atmospheric CO2 'tipping point'. CO2 has been much much higher in the past, and probably operates as part of a natural cycle anyway.
Talk of an oil crisis is premature. We have plenty of oil. In my view coal is a cheap and dirty energy option which is not going to be attractive for much longer. We need to ship as much of this as we possible can.
Banning coal mining will cost us $500m per year for ever, plus whatever we might have got from Southland.
The time to mine is now.
Posted by: The Optimist | October 29, 2008 at 04:27 PM