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Tuesday, 13 February 2007
Geothermal was certainly a popular topic this month with the ABC, which ran a couple of stories on ABC radio’s current affairs program “PM”. 

The first, on Friday 9th February, aired support for the industry from Tim Flannery (Australian of the Year), Brad Page (Energy Supply Association of Australia), Tony Mohr (Australian Conservation Foundation), Tony Wood (Origin Energy) and Iain MacGill (UNSW Centre for Energy and Environmental Markets). 

The second, on Wednesday 14th February, covered Tim Flannery’s address to the Australian Workers’ Union national conference, during which Tim urged the unions to concentrate on developing Australia’s untapped geothermal (and solar thermal) resources.
 
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Panax Geothermal Ltd declared its proposed acquisition of Osiris Energy Ltd unconditional. Originally, the merger was conditional upon PAX raising a minimum of $20 million for development funding. The proposed merger remains subject to approval by the PAX shareholders.