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Tag: M2

M2 concession period extends into era of steep oil decline

Posted on February 1, 2012

What has been overlooked in Alan Jone’s 2GB campaign on the dumped BITRE report 117 http://ianmcpherson.com/blog/audio/jones_bitre_25-01-2012.mp3 is that concession periods of toll-ways extend far into the era of steep oil declines shown…

Sydney now beyond point of no return

Posted on May 9, 2011

Only days after the ABC TV broadcasted an interview with IEA chief economist Fatih Birol who warned that peak oil happened in 2006 and that the world should have prepared for peak…

Sydney’s RTA builds M2 exit lanes for $200 oil

Posted on April 4, 2011

This is a M2 construction work update for calendar week 5/2011. Contractors have started to build exit lanes for $200 oil just as 3 parties are now fighting for oil in Libya:…

Money in Transurban’s cashbox not enough to complete M2 widening

Posted on February 11, 2011

Transurban ended up with a cash balance of $370 million at end 2010. $ 275 m of that amount is money provided by banks end of last year as part of a…

Queensland Reconstruction Bonds more important than Sydney’s M2, M5 widening

Posted on January 17, 2011

The Queensland Premier is calling for a re-construction task of post-war proportions. What is required is not just a re-construction but an adaptation of infrastructure to future climate change because climatologists warn…

M2 widening increases Sydney’s oil vulnerability

Posted on November 9, 2010

In its final report on the M2 widening the RTA claims again that: “With reference to the M2 Upgrade project, traffic modelling across the Sydney network indicated that the proposed Upgrade would…

Quick Risk Analysis for M2 Widening (part 2)

Posted on October 29, 2010

The NSW government still has not understood the risks involved when approving the M2 widening while global oil production is set to decline. Wider M2 will drive deeper into motorists’ wallets MOTORISTS…

Sydney’s RTA about to pull down public transport infrastructure (part 1)

Posted on October 25, 2010

Sindney goes backwards in public transport. Part of the M2 widening, the RTA is about to pull down a bus ramp connecting the M2 bus lanes with Epping station. This ramp will…

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