Issue 2004 May 22
Browse Articles
NATIONAL AFFAIRS: Ethanol for strategic energy self-reliance
The price of oil has hit US$40 a barrel. It may be a temporary spike, due to the current crisis in Iraq. However, intelligence analysts have been warning that more than 30 years after the oil price hikes of the 1970s that sent the world economy into a spin, Arab states control two-thirds of the worlds proven reserves of oil, and the West…
AGRICULTURE: Sugar package, Clayton’s package
Prime Minister John Howard has handed out a $444 million package to the sugar industry, focused on one year’s relief and aimed at tiding the government over the Federal election.While the media focused on the PM’s package, Queensland Premier, Peter Beattie, was quietly pushing further deregulation of the sugar industry through State Parliament.On the one hand, the Federal package vindicates the year of…
