“One of Barack Obama’s first tasks will be to lead the United States back into the heart of the global debate on climate change, ending the country’s years of isolation and scepticism.” Read more here.
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Australian Water Market Report
Dear Waterfind subscriber,
Waterfind has today publically released our 2007-08 Annual Water Market Report. As a part of Waterfind’s dedication to providing an integrated water brokerage service, we strive to provide our clients with the most up to date and comprehensive information about the Australian water market.
The report provides information on the state of our National water resources, major policy announcements and trading activity for the 2007-08 irrigation season, and provides some analysis on how these factors impacted the water market throughout the season.
Key findings of the report include:
1. Major northern water storages above the NSW–QLD border line were not adversely affected by the current drought conditions being experienced in Australia, holding on average 90% of their capacity compared to 20% on average for major southern storages.
2. The largest volume of water stored in Australia was in Lake Argyle in Western Australia, with over 10 million ML of actual water storage, more than the other 9 largest water storages in Australia combined.
3. The price of water in Australia’s largest water markets in the Southern Murray Darling regions experienced extreme volatility during the 07-08 season, peaking at $1200 per ML in November 2007 only to drop to below $300 per ML in February 2008. This was influenced by water resource availability and major policy/allocation announcements during the season.
4. Early observations indicate that water market activity in the 2008-09 season has been lower than in 2007-08, with prices being recorded at up to 50% less than the same period last year. This has been attributed to grower concerns about last season’s record high prices and current uncertainty of water resource availability.
To view the full 2007-08 Annual Water Market Report, visit www.waterfind.com.au/water-report-signup.html.
Regards,
Waterfind Pty Ltd
NATIONAL WATER BROKERS
US Elections
Democrat Barack Obama is the new President of the United States. In his acceptance speech he promised to be a President for all Americans. He made only one oblique reference to climate change speaking of our earth in peril.
Oklahoma Senator and Republican Jim Inhofe, the only outspoken climate change sceptic in Washington, won a third term.
Graham Young on Verdict on Greenpeace Demo
Power suppliers in Australia can sleep a little more easily than their peers in the UK. Read more here.
Climate Conference in Amsterdam
The Royal Geological and Mining Society of The Netherlands, together with the Royal Institute of Engineers and the Royal Geographical Society organise a national conference with the title:
CLIMATE CHANGE: Facts, Uncertainties and Myths
Thursday November 20th 2008 at the Royal Tropical Institute in Amsterdam
The title already suggests that everybody talks about climate change, but what are the facts? What are the scientific uncertainties and what is nonsense? Should we be concerned like the “climate alarmists”, or can we ignore the problems like many “climate sceptics” seem to be doing? The conference organisers believe that we should do none of that, but we ought to think about it. At this conference, the question of climate change will be tackled from various scientific disciplines. The issues will be considered climatologically, geologically, biologically astronomically and even philosophically. New facts, new interpretations and new insight will be presented.
The subject is hot. The speakers are top-class in their discipline and will present their own research results. The location is first-class and the admission fee is low. The discussions will be lively and enlightening. With great confidence in the success, I invite you to be present at this conference. All information can be found at http://www.kngmg.nl., where you can also register. The flyer can be downloaded at: flyer
See you on November 20th,
Peter de Ruiter, KNGMG President
More from Martin Durkin on Global Warming
Go into a party of lefties in New York and tell them the science on global warming doesn’t stack up. They don’t say, ‘Good Lord, what a relief, I thought we were in for it.’ Instead they get very cross with you. They’re terribly attached to their apocalypse and don’t take kindly to people rocking the boat. Read more here.
Jennifer Marohasy BSc PhD has worked in industry and government. She is currently researching a novel technique for long-range weather forecasting funded by the B. Macfie Family Foundation.