[ACTPO Members] Election 2010 policy summary

[Alex Pollard]

Found an Abbott quote in Crikey today, I will add something like this:
_______________________________________________________

According to a Crikey correspondent, at the recent forum on Wednesday
night he said

"Ok, well, you know, the interesting thing about oil reserves is that
they’re always being expanded. I mean, at any one time, people think we
have say 20 or 30 years of oil reserves. 20 or 30 years later, people
still think we have 20, 30, 40 or 50 years of oil reserves, as the case
may be and the reason for that is because as the technology changes, more
reserves become accessible, and as the price changes, reserves that
weren’t really accessible become more accessible.
So, look, I know about the concept of peak oil. I don’t claim to be the
world’s greatest expert in it, but I’m sceptical as to its value as a tool
for policy makers because at the right price, we’ve got a lot more
reserves than we currently think. With better technology, we’ve got a lot
more reserves than we currently think."

Mr Abbott hasn’t shown any interest in the question of whether higher
prices really can result in a greater reserves. This lack of curiosity
marks him out as being particularly ill-equipped to address Peak Oil.



> I have belatedly done a precis of policies for the election. I haven't
> fact-checked. Tell me what you think. I intend to post it to the website
> and email lists.
>
> Alex