What Gina Rinehart really thinks

Rinehart has well-established credentials as a climate change sceptic and it was Rinehart who funded climate change denier Lord Monckton's Australian tour.

According to the statement, Rinehart “remains concerned by the lack of understanding in the media on this issue.”

In order to “'lessen the fear the media have caused over these issues”, Rinehart suggests “the media should also permit to be published that climate change has been occurring naturally since the earth began, not just the views of the climate extremists. “

“It is a fact that there have been ice ages, then periods of global warming to end the ice ages, and these have occurred naturally, including due to the earth's orbit, and not due to mankind at all,” the statement said.

The statement also spoke glowingly of climate sceptics Ian Plimer, a geologist, and News Limited columnist Andrew Bolt.

It said Rinehart “admires people like Ian Plimer who have independently chosen on their own accord to stand up against this tidal wave, which has caused fear, and despite substantial attacks by some of the media and extremists.''

A Fresh Look at Oil's Long Goodbye - NYTimes.com

My bedtime reading tonight is “Oil: The Next Revolution – The unprecedented upsurge of oil production capacity and what it means for the world.” This mind-bending report points to a prolonged period of rising oil production, particularly in the United States (for reasons laid out below), and a potential collapse in oil prices, with all kinds of implications for security, international politics, the economy and, without doubt, climate.

Fisker Loan, A123 Battery Grant Questioned by Senators - Bloomberg