BP to pay out a further $US17.5 billion for the Deepwater Horizon oil spill

A few days ago the US Federal Court endorsed a settlement agreement between the US government and five Gulf Coast States. The multi-national oil giant BP has been ordered to pay a total of $US 17.5 billion in fines and compensation for natural resource damage and economic losses incurred as…

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Progress on Climate Change – Some Good News (if you are an optimistic person)!

  Conservationists can be a dreary bunch of people; good news is in short supply there is always a looming “environmental crisis” or species facing extinction that they want to bring to the public’s attention. However a couple of stories from last week, the G7 Declaration and news on China’s…

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Renewable Energy Target: Changes for the Better?

The government  introduced a Bill into parliament last week to amend the Renewable Energy Target (RET). The Bill, if it passes the Senate will to reduce the amount of electricity that must come from renewable sources by 2020 from 41,000 GWh to 33,000 GWh. The change is being proposed by…

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