Galt Global Review

QFS 360

March 24, 2004
business digest


Australian Roundup
by Esme Friesen

headlines:
Wind power gains momentum
Global free trade out, one-off FTA’s in
The butt stops here!


Wind power gains momentum
Western Australia's Alinta is the latest energy distributor to expand its "green" output, announcing this month it will distribute power from a 90-megawatt wind farm to be built near Geraldton.

The AUS $200 million farm, due for completion in mid-2005, will be the biggest on the west coast of Australia and able to power up to 60,000 homes.

Another renewable energy producer, Pacific Hydro, is building an even bigger farm at Portland, on the coast of the southern Australian state of Victoria.
It says its AUS $270 million 195-megawatt Portland development will generate enough pollution-free electricity for 100,000 homes.

Currently, about 200 megawatts of Australia's power comes from wind farms, so the new Alinta and Pacific Hydro projects will massively expand this output.

According to Atlinta, its farm will displace 400,000 tonnes of greenhouse gas emissions produced by traditional power generation. Pacific Hydro expects its farm will save 700,000 tonnes of emissions.

According to Pacific Hydro, wind is the world's fastest growing energy source, with installed capacity over the five years from 1998-2003 growing at an average 32 per cent a year.

It says the world's installed wind capacity at the end of 2002 was 31,128 megawatts, with Denmark the leading user, generating 20 per cent of its electricity from the wind.

Global free trade out, one-off FTA’s in
It was reported this week that Australia has abandoned its position as a global free trade pioneer to pursue one-off free trade agreements (FTAs) with its major export partners as negotiators met in Geneva to revive stalled World Trade Organisation (WTO) talks on agriculture.

After successfully negotiating an FTA with the US, trade minister Mark Vaile renewed his determination to pursue a similar deal with China and others.

Vaile also indicated that free trade deals with countries such as Japan, Indonesia, Malaysia and Gulf nations including Kuwait and the United Arab Emirates were in the pipeline, although he admitted some would be hard to achieve.

Former Australian trade negotiator Jane Drake-Brockman said it was a major concession from a country that had been at the vanguard of the push for global agricultural free trade.

Wolfgang Kasper from the Sydney-based think-tank, the Centre for Independent Studies, said bilateral trade deals invigorated negotiations for a multilateral deal through the WTO.

However, Australian National University economics lecturer John Gage said bilateral agreements meant international trade agreements would be bogged down in bureaucratic details.

Drake-Brockman also said bilateral agreements would not help moves to a multilateral trade agreement on agriculture at the WTO. She said the idea that bilateral agreements encouraged multilateral agreements defied economic common sense.

The butt stops here!
Close to 70 per cent of NSW club and pub managers are concerned about the effects of passive smoking on the health of staff and patrons, according to a new report.

The Attitudes To Going Smoke Free report, a study released by the National Heart Foundation of Australia (NSW division), also found 72 per cent of managers say a total smoking ban is inevitable and 83 per cent agree a total smoking ban is the way to go.

Heart Foundation executive director Tony Thirlwell said there is a definite concern about the health effects of passive smoking on club and pub patrons and employees.

"Every day hospitality workers continue to put their health on the line," he said.
" When a majority of managers accept that a total smoking ban is on the way, why delay?"

Mr. Thirlwell said bans on smoking were already being introduced by many countries.

"New York has had smoking bans for a year and Ireland goes smoke-free next week. If they can do it, why can't NSW?"

The study also found two-thirds of managers believe their business is less likely to suffer if all venues are subject to a smoking ban. However, according to Mr. Thirlwell, there is evidence showing that smoking bans do not adversely impact businesses.

Dr Choong-Siew Yong, President of the Australian Medical Association added, “Most people in NSW are protected from hazards in their workplace such as tobacco smoke. Bar and club workers deserve the same rights for a healthy work environment like other NSW employees. Hospitality workers are a population at risk of increased health problems.”