Curtis Island from the air

Want to know what’s driving up your electricity bill, saving the value of your home, killing Victorian manufacturing and keeping the QLD economy afloat virtually single-handed?

This is, Curtis Island and its three LNG plants, side by side:

Picture-of-the-Day-Curtis-Island-LNG-Facilities

Courtesy of Bechtel.

Houses and Holes

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.

He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.

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Comments

    • migtronixMEMBER

      Asphyxiatingly short sighted — oh well when its all gone maybe we can get an IMF loan too

      • C’mon go see it in real life – what until the project is complete. You will be impressed. These big jobs are a thing of beauty and exemplars of human ingenuity.

        Illuminated at night – spectacular.

      • migtronixMEMBER

        I do agree with 3d re: the engineering – re: the costs I clearly agree with UE et al…

      • UE – might be time to loosen up on CSG (perhaps proviso 10% reservation) otherwise eventually we may be paying international prices for gas.

      • UE – might be time to loosen up on CSG (perhaps proviso 10% reservation) otherwise eventually we may be paying international prices for gas.

        HnH thinks it’s going to get a lot cheaper. But I wouldn’t bet on it 😉

    • Oh fuck. Lost my lunch.

      Horrifying that they’re building this on the Great Barrier Reef. What will our grandkids think of us?

      • Mining BoganMEMBER

        Coming with me to the ‘Save The Reef’ rally that I’m off to soon with my green friends?

        I’m fairly straight cut and they used to suspect me of being a nark but they like me now.

        🙂

      • disco stuMEMBER

        Grandkids already don’t think that much of those who approved these projects – for any one of a myrid of reasons.

        I hardly think one more blight levelled by the boomer generation on anyone to follow is really going to make a difference to how history views them.

      • Mining BoganMEMBER

        Crown of Thorns will always be a problem due to over-fishing and habitat destruction.

        Those nice scientists invented something to inject into them to slow their breeding but it might be better if we just keep the naturals ways intact.

      • Did you choke? Breathtaking…

        3d1k has the unique ability to make me vomit. Its a recurring theme.

      • @3d1k, just how much would we have to loosen up our CSG production to significantly “3d1k has the unique ability to make me vomit. Its a recurring theme.”

        If you can learn to love the Kouk, then I reckon you can learn to love 3d1k. After all, when was the last time that the Kouk made a movie featuring you?

      • bolstroodMEMBER

        Crown of thorns , how appropriate.

        Curtis Island a world heritage area crucified

    • Google maps have some surprisingly hi-res sat photos.

      Anyone know of a link that explains what each part of the plant does?

      Might start work on a scale model in balsa wood over easter.

      • It’s basically just multiple stages of compressing/cooling/dewatering. It really isn’t as technically crazy as they’d have you believe.

        Oh and one or two big tanks designed to act as a buffer in case there’s no ships ready to load.

  1. Can’t you just smell the backcharges?

    After Curtis Island is finished they’ll be gone though. I doubt anyone in mining will touch them now after the absolute trashing of BMA projects, overbudget, overschedule, poor quality Chinese-made crap.

  2. Geez, now where did I place that copy of the lastest IPCC report; I hope that photo was taken on a king tide

  3. Congratulations to Qld governments from both sides of politics in facilitating development of their CSG industry.
    It’s been over 40 years in the making. An example to other states, in encouraging regional development. New jobs in growing regional cities are what’s needed to address Australia’s housing ‘crisis’.

    • Nice cut and paste job oliver.

      At least 3d actually thinks and makes sense at times. I don’t agree with him most of the time but at least he isn’t operating like a blog version of a soundbite with no actually reasoning or debate which we have become accustomed to on this site.

    • You’re on the right track Oliver. In the US they are cheering projects like this on (as is HnH) keen to establish business, create employment and boost trade.

      We are in danger of turning this nation into one of obstructionist can’t doers rather than productive forward thinking get on with the job doers.

      http://vimeo.com/m/52231459

    • “New jobs in growing regional cities are what’s needed to address Australia’s housing ‘crisis’.”

      You might want to check that – house prices in regional cities are nearly as inflated as those in capital cities.

    • Won’t happen. The No Smoking rule for a 20km radius around the island will blow it…

      • Mining BoganMEMBER

        Safety Nazis!

        Nobody will be out on deck smoking anyhow because the midgies there would be carrying the old folk away.

    • I hear Clive wants to berth his new Titanic here.

      Oh wait, that was an April fool’s joke in the paper the other day.