Shares with USA links could benefit from Trumps TTP turnaround......interesting times.
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Shares with USA links could benefit from Trumps TTP turnaround......interesting times.
NZ apparently imports 97% of its oil from overseas...... it was a 2011 report so it is an old report.
http://oilshockhorrorprobe.blogspot.com/2011/06/new-zealands-oil-security-how-dependent.html
Actually - it will. Just open the other eye and you will see that NZ is currently producing all the gas we need. Thanks to this incredibly stupid decision of an inept government will this situation (self sufficiency of gas supply) end over the next decade (when Tui runs out). Lots of liquid gas or substitutes will need to be imported. Still worse - we might need to substitute gas with coal - which will more than double our carbon footprint (for the relevant activities). Bad for the environment, bad for our economy (balance of payments) and bad for our unemployment rate. Thanks, Cindy - that's what we need!
Nah, coal is worse, just under double the CO2e/TJ depending on type of coal and source of gas. Compare tables 1 and 2 with table 10
http://www.legislation.govt.nz/regul...LM2390302.html
Just wondering - do you happen to be the scientific adviser of our lovely government? You certainly seem to be similarly clued up ... ;);
Seriously dobby, while I admire your loyalty for a lost cause - I still would propose you first get your physics right and do at least some basic research before you keep defending a brain dead decision;
https://www.reuters.com/article/aust...7FS0HG20110510Quote:
Natural gas emits 50 to 60 percent less carbon dioxide (CO2) when combusted in a new, efficient natural gas power plant compared with emissions from a typical new coal plant [1].
While it is true that methane is not good if released into the atmosphere - burning it does remove all the methane related problems and releases only some (less dangerous) CO2 into the atmosphere - less than when using coal to create the same amount of energy. Burning Methane is the best we can do to remove this dangerous greenhouse gas out of the atmosphere;);
As well - the commercially available gas we would need to substitute is typically composed out of longer hydrocarbons (like Butane, Propane).
However - I do give you that there can be problems with methane leaking from badly designed gas fields.
https://www.ucsusa.org/clean-energy/...s#.WtAPTYhubIU
However - wouldn't it make more sense for our government to increase the standards and produce cleaner gas by ourselves instead of relying on others to pollute the environment by producing our energy?
methane producing cows are the biggest greenhouse omitters , so if they dont hurry up and plant those trees the govt will never meet there targets , the oil and gas is a smokescreen lol