Solid Energy

10 Reasons Why Converting Lignite Coal to Diesel is Insane

The Parliamentary Commissioner for the Environment (PCE) has released a report "Lignite and climate change: The high cost of low grade coal" The PCE report also covers using lignite to make urea and briquettes, but this post will focus on the insanity of plans by Solid Energy and L & M Group to convert Southland lignite to diesel

1. The taxpayer subsidy for one lignite-to-diesel plant would be likely to be billions of dollars over its lifetime, (and 1 billion dollars annually by 2020) » Read more

Mining group believes in tooth fairy -- "New Zealand cushioned against oil shocks"

Straterra, a body representing mining companies has said, "New Zealand is in an excellent position to withstand any future oil shocks, thanks in particular t » Read more

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