Emission Traders International Pty Ltd

GPO Box 3335  Sydney NSW 2001  Australia  P/No 61 2 9712 0808

E mail Vincin@emissiontraders.com.au

The Hon John Howard  Prime Minister of the Common wealth of Australia  Parliament House  Canberra ACT 2600

17105105

Dear John

It has indeed been some considerable time since we have spoken. Each of us has achieved much these past  years. Since that time I have travelled extensively with the UN and with help of Maurice Strong sat in on  cabinet meetings in several nations and indeed their departments and universities. One of my proudest  moments however was leading the delegation with Sir John and your then chief scientist detailing the  benefits of signing up to Kyoto with world leaders.

RATIFICATION of KYOTO, C 0 2  SEQUESTRATION YIELD IRR 33+% COST OF OFFSETS  LESS THAN 00.7%  Last Tuesday I presented to former MP’s and indeed a senior representative of the USA Embassy the  financial implications of not ratifying Kyoto and joining the 149 nations that have already done so. As a  member of the UNCTAD forum setting the trade penalties for not ratifyng little did I think that such would  apply to Australia! The penalties so clearly defined in the protocol and expressed by other nations (and  indeed offshore competitors) is such that, the loss imposed upon the economy could be between $30-130  billion PA. Ratified nations such as, Indonesia, South Africa, and South American Nations are already  presenting their exports as alternate suppliers to what we so comfortably thought was ours, and ours alone.  Most of the developing nations have ratified, and, are most helpful in aiding offset production as a serious  business.

There is serious misinformation being presented as sound environmental solution (geo-sequestration,  geothermal power, stopping land clearing) as viable “emission offsets” to meet Kyoto. The global science  and elementary physics, rules out such suggested concepts. It is painful to watch this historical moment and  future lost to other nations (1).

My presentation (no different to the 149 nations) is that, with hard-core evidence covering emission offsets  while conducting business as usual, need not impact upon their respective economies, industries and public  purse bottom line.

The unique position of Australia and following my earlier works and indeed presentation at the UN NY on its  fortieth birthday is that, as a reliable people we can plant-out an array of some 21 C4 varieties of vegetation

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to sequester much of the worlds “greenhouse emissions”. Under a perpetual trust we will commence such in  other nations. Basically, for ratified States and corporations the add-on cost to offset emissions is less that  00.7%. (Contrary to some suggestions here in Australia the reality is the reverse). Sav a ton of coal noN  values out of Australia at SlOO.00 the seventy cents can be added or absorbed. Most forget every dollar in

circulation eighty cents is related back to exports. Kyoto rules now apply.

The best part missed by those with a single belief that Kyoto will injure their export is, we can sell “credits”  to our favourite buying nations and to those industries clearly showing environmental responsibility and the  income repair our failing baseline assets soil water vegetation and of course atmosphere. Alas, these are not  seen as assets but resources. Worse there are those misinformed persons in power who are “repairing” asset

in isolation such as water without real funds.

The income could be a (the) millennium project bringing potable water from the Ord (etc) (like the Roosevelt  Gadaffi India under the Menzies Columbo plan china and Russia solutions) to recharge aquifers billabongs  and city dams. World leaders of the past left their vision for the generations to come “the historians of  tomorrow” restoring the assets the food bowl and perpetual drought proofing.

The USA interest is to understand the benefits of our global sinks and, commence negotiation for  stoichiometric hydrogen technology the clean energy (water energy water) and for atomic waste disposal  vehicle propolsion etc (rejected by Minister Macgauran). We are negotiating selling the technology offshore.

I would welcome the opportunity to meet with you again, this time with a delegation to convince you the  damage of not ratifying to our exporters and people, versa, massive benefits for the historians of tomorrow  our infrastructure (water drought-proofing vegetation, soil, atmosphere, aquifers and city dams (true  millennium projects) and the economy of today.

Yours sincerely

Robert Vincin  Managing Director

(1) the global web international news will confiim that 129 mayors 2 1 state governors 25 major corporations  are taking George Bush to court “failure to Ratify Kyoto”.

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LETTER TO WATER SMART AUSTRALIA

c/of Prime Minister John Howard

THE FOLLOWING a response to Water Smart Australia pointing out that this asset cannot be addressed  repaired in isolation it is an intergeral part of total asset management soil water vegetation air each depending  upon the other. It is totally irrisponsible to offer $2billion in an adhoc initiative to fix what needs $140 billion  plus additional monies salinity drought reversal

ManaEing the Nations’ CORE ASSETS SOIL-WATER-VEGETAION-AIR in ISOLATION

The followina list recentlv appeared in Australia newspapers from the Prime Ministers Office.

The document offers to parties making acceptable submissions a share in $2 billion adhoc approach to  address the following. The concept addressing but 00.1% in dollar terms of degradation of national baseline  assets!

Water Smart Australia

0 (1) Developing an agricultural and industrial sector which leads the world in the careful and efficient

use of water

(2) Sustainable household and garden water consumption

(3) Reduced ocean outfalls through greater re-use and recycling of water

(4) Greater preservation of our unique rivers and wetlands

( 5 )  Better community understanding of the need to preserve our scarce water resources

(6) Promotion of Australian water efficient technology to the highest international standards

(7) An effective water market which encourages water saving, better pricing, and the most efficient  use of water

(8) A greater understanding of the impacts of resource use, particularly between interconnected  surface and groundwater systems, and a national capacity to measure, monitor and account for the use  of our water resources

0

0

0 0

0

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This paper expresses alarm at such a cavalier approach to reparation and sustainable management of only one  part of the nations core assets. If those responsible were a Board of a publicly funded corporation and they  were to address but one part of the assets, at the cost of ignoring the entire “assets under management”,  ACCC would raise alarms and in time, ASIC and the Stock Exchange would do their thing and charge the

directors, after the event.

I (1) am alarmed that no due diligence, auditing, historical or international discovery has taken place.  When administrators take charge of an ailing corporation that was once a world-class operation, and, through  a series of ill-informed management the assets decayed into a state of stagnation, an audit is undertaken, to  discover “what made it once world class”, “what changes took place, and by whom”.

The first discovery, the baseline assets on which the organisation was founded and made it world class, were,  CARBON SOIL, POTABLE WATER, SUSTAINABLE VEGETATION and BALANCED  ATMOSPHERE.

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The second discovery is, that these 4 cornerstone assets were and are, interlinked, each dependant upon the  other. The receivers recognising that, very large shareholders, their, and their children’s future and financial  well-being were totally reliant upon the Boards’ ability to make sound, comprehensive, judgements,  maintaining all the assets simultaneously, rather than in isolation, as had been the approach by even the most  recent administration under the Board.

The next discovery is what no one wants to hear. Successive Directors have spent monies in a variety of  directions, occasionally making gestures to fix up in part one asset, and there being no real maintenance fund  set up, worse, in real terms, recent decisions by the Board meant, no real funds of the amounts needed to  commence reparation let alone sustain the assets.

The more experience receivers believe, there is an excellent opportunity for funding if, they can work out a  sustainable, realistic, reparation plan embracing total asset restoration. It must be simultaneoLxily and not  down the path of a recently elected “Commission of management” appointed by one director to take  authority of one asset, rather than, a total asset management concept for the shareholder stakeholders for  approval.

Based upon the receivers’ knowledge of substantial funding, the next discovery must be, what is the history  of the organisation, the relationship of the assets, what changed, and where possible, who made the changes  and what was the motivation. As uncomfortable as they may be, these questions are necessary to prevent re-  occurrence. No working manual was discovered, but a detailed manual on the protocol and responsibilities of  the executive board and management is known.

Before tackling reparation of the core assets, water, soil, vegetation, air, collectively research back to the  founding of the organisation.

Discovery

The first auditor (botanist) Charles Darwin based on his global travels advised the early Board of Directors  following his travel over the Range “the land is saline prone, lacks reliable water flows, and will not sustain  long term crops, stop clearing it, go back to Sydney and make it the trading centre of Asia” (2)  The first explorers found, no flowing gully-deep rivers, only surface flush annual flood watercourses  charging and recharging billabongs and aquifers across catchments. Reed barriers across billabongs acted as  cooling towers and ponds retaining water within environs. The research also lead to the reports of, Captain  Charles Sturt and John Oxley who recommend that, the areas at the foot of slopes and between billabongs as  a restricted areas not to be cleared. Surveyor General Capt John Oxley 18 17 detailed survey maps confirmed  by Sturt and Mitchell’s 3 tours clearly illustrates the inland was, but a series of, billabongs marshes and

“streams with a defined beginning, and abrupt end, mostly into sinks (aquifers) or billabongs but no  connection with “2005 river system” (copy available including detailed maps no rivers). Maps of irrigation  regions before and after funding application to government where all reference to salt salinity was removed,

Wholesale land clearing and removal of reed barriers allowed the annual monsoon rain, and melting snow  waters, to flow unabated, cutting new routes via deep gullies in the soft clays. The research discoveries  flowed quickly. One Captain Cadell winning an 80,000 pound grant, and with an underwater saw mounted  in front of a paddle wheeler, during a rare flood cut a zigzag route between billabongs from what is now  Wentworth to Albury. (Prime examples still exist today where all stumps are the same from surface). Rapid  flows ‘now in a concentrated gully called rivers’ cut new routes taking soil, towns, bridges, and vegetation,  down the flow.

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The auditor administrators discovery from this source of data, begin to form a picture of, when, the assets,  water, soil, vegetation, began to be consumed as commodities without a sustainable management plan. It was  free and it seemed inexhaustible. The administrators, with logic and common sense begin to follow a pattern  commenced a logic action list is prepared.

(1) Land, reeds, vegetation, cleared without a plan= rapid flow follows, loss of, soil, vegetation, water air.  (2) Gullies form new routes called river = Aquifers not recharged in fact entry to sinks ploughed over  (3) Water no longer stored in reed covered natural billabongs=water shortage evaporation man made  (4) Asian swamp crops start demanding extremely high volumes of water in desert regions= stupid  (5) Discovery, DARWIN was right, the land won’t support broad acre cotton, rice Lucerne, and like crops,

irrigation regions built upon known saline billabongs, ponds, creeks, and flats, funded on falsified maps  submitted to government to fund= salt perpetually spreading unabated  (6) Discovery, based on research, transpiration has stopped though massive clearing=repetitive droughts  (7) Salt rising under much of the irrigated water dependant farmland is increasing = needs solution  (8) The receivers find extensive reports ignored by the Board that, climate changes is caused by as much as

50% from land clearing, and leaving exhausted saline regions all adding dramatically to greenhouse  effect further damaging the rural land and food production regions.  (9) Worse, the receivers discover that Boards’ did not list these assets in any annual report or budget. They  had no long-term strategy for sustainability or reparation. Now 60% of the assets are severely over

exploited and damaged, and, to their horror, the present Board was going to fund ad hoc reparation by  un-coordinated groups in isolation for salt, drought, erosion, water, weeds, cane toads and other  imported pests (who was at the helm and throttle)?

(These discoveries lead the administrators to realise that a CEO and Board that allowed such a demise of  assets would be reported to ACCC ASIC and the Stock exchange with serious consideration to also  charging former executives)

The receivers in this reality must give sound constructive advice, for it has reached the hard-core fact that,  the entire stakeholders shareholders “need the business to be salvaged” as there is no other income, life  supporting opportunities available, and therefore, a new direction and business plan, vision, and goal is  demanded.

The diligent approach by the receivers uncovered another failure of the current Board and CEO that ignored  the decay of another asset, even though, the staff advised of the impact, and others, reporting of the  correlation of this asset to soil water vegetation. The weight is accumulating of “dereliction of duty of care”  and indeed it seems, misappropriation of funds and duty of care by the Board.

Now it is at this point it becomes clear why the receivers added Atmosphere to (1) above as investigations  show this is the funding trail to follow.

The Board had failed to follow international leaders and scientists’ advice and action to repair this asset air.  149 leaders had signed an agreement to Ratify efforts to repair this asset. The receivers had witnessed  business failures previously, but nothing on the scale of this organisations’ failure.  The receivers plan which includes, reporting to the shareholder and stakeholders that, the current Board of  Directors be replaced immediately, but replaced with servants of the shareholders, and who possessed  expertise in managing all the aspects of this massive business and willing to work as a unit.

The business plan to be tabled, while abridged none the less, it outlined what must be done, and indeed, to  qualify their decision, many of the other 149 world leaders had discovered similar flaws in their operations  some time ago and were following a similar route.

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(a) Funds. Ratify the global treaty with 149 leaders. Why? The cost study to repair the assets based on the  precise understanding of the inter-linking of the baseline assets soil, water, vegetation, atmosphere  discovered that, ratifying the agreement on atmosphere will actually generate cash, lots and lots of it.  The flow-on is the other baseline assets and infrastructures will be repaired. The businesses of the

stakeholders, exporters, and consumers of large volumes of energy will not be impacted upon. Basically  the flow-on is that, industries will gain low cost offsets to meet the demands of the 149 leaders that  atmospheric emissions be offset. The funds through selling these offsets to the 149 leaders own  industries will h n d  reparation of the baseline assets. Paid to repair the assets, low cost offsets to  Australian firms.  (b) Where to start. The plan must be under one administration. Since C4 (3) vegetation sequesters C02 and

selected C4 also are halophytic and naturally high soil carbon generators this is the starting point. Why,  well, it sequesters C02, its soil erosion protection, it reverses salinity, generates soil carbon, and, its  sustainable fodder and drought proofing. Detail of the precise areas is in the workbook! Now this  section is still basically under funding administration (which should have been the first responsibility of  the Board and those it engaged to advise and supervise). The receivers engage an expert to forward sell  the sequestered offsets to the 149 leaders and their industries. INCOME to rebuild the businesses assets.

(c) The workbook planting underway, audited as prescribed by the 149 covering the growth of the  sequestered carbon. So vegetation, atmosphere, and soil reparation are under way, now for water asset  reparation integral to sustaining vegetation and soil. This was the asset that the Board were going to  treat in isolation and indeed ad hoc with only $2 billion. The need is about $140 billion to furnish water  to recharge aquifers, billabongs, and city dams. Still with the thought of finances the receivers project  the forward sales of offsets to the 149 and budget for 7 years. The plan is based on proven models from  several world leaders current and past (4)

(d) The plan to deliver water over vast distances as opposed to desalinisation (cost of energy and need to  add artificially mineral back) demands perpetual pumps which brings out another discovery ignored by  the Board that being infestation into the assets of weeds (many imported by previous boards to cover  and “consume” previous imported weeds believing they would eliminate the previous pest and die out).  These weeds can only be totally eradicated by clearing. then burning, hence fuel for pumping stations.  The location of pumps as per the workbook.

(e) Now since the Board and the CEO had developed a plan of seizing water asset from the shareholders  (landholders) and selling it for a higher price, when in fact, under the law (constitution common law  Magna Carta King James) it is illegal it will be recommended by the receivers that, the full Boards’  personal assets be seized to repair the water asset to landholders. Those that purchased or traded in the

landholders’ asset will not be compensated.  (0 Part of the receivers total sustainable plan detailed in the workbook is, on behalf of the full shareholders  is to set a policy of sustainable management. Swamp crop growers will either work in sustainable  swamp regions or shut down. Landholders who graze only on land above aquifers or adjacent to high

flow watercourses will be compensated to move to regions where sustainable fodder is available.  Farmers who previously had water flows but suffer perpetual drought if restoration of flow to their part  of the aquifers cannot be assured they will be compensated to move to water areas under licence and  dry-land farming in installed subject to due diligence. The same logic applies across the spectrum.

(g) Water supply to aquifers and watercourses shall be to former known flowdstorage. Water within  Aquifers, dams and watercourses shall be under the sharing arrangements of catchments landholders  paying a fee for use as prescribed in the constitution and to establish their own catchments management  office and it to dialogue with the watercourse and total aquifer users. Under other circumstances the

above would have been recognised as a Millennium project worthy of bearing a head of governments  name.

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The receivers shall operate under fixed fees up until December 2012 when the agreement with the 149  leaders is up for renewal. Reporting to shareholders shall be monthly. A Senate group of experts shall  listen and decide on any dispute of landholders not prepared to move to appropriate land under the  above terms. Their decision being final.

All committees and commissions appointed by the Board shall be cancelled immediately. The Senate  shall appoint regional supervisors if and when they will be required to coordinate with the receivers. The  Senate supervision shall be a balance avoiding central party control. The Senators will be appointed  with tenure of 6 years up until post December 2012.  The receivers appoint a supervisory perpetual trust versed in all aspects of growing planting C4

vegetation and forward selling the sequestered carbon. A university versed in measuring soil carbon be  appointed to report carbon expansion in accordance with UNFCCC accounting auditing standards.

All plantings water soil vegetation reparation shall be, as prescribed in the workbook.

To ensure that the asset atmosphere is repaired the receivers and Senate will circulate copies of the  workbook to all emitting industries including power generators automobile and petroleum industries  setting out a time frame to develop safe alternative energies while offering low cost emission offsets to  continue business as usual.

The administrators due diligence revealed that the IRR in investment into sequestering C 0 2  vegetation is  far greater than 33.82%. This under a trust administration where hnds are rolled over wilt over a l0year  period yield sufficient to fimd most major infrastructure reparation.  Since the operation is without real funds and serious global debt, under the rules of the 149 global leaders the  operations nation must be ratified under the UN Kyoto rules. They note that had it done so then it could have  enjoyed income exceeding $200 billion and attached credits to exporters at a cost of about 00.7% onto costs  of producelcommodities being the worlds’ best, lowest, sustainable and certified credits.

Unless the receivers can convince the parliament and indeed Cabinet of these globally recognised benefits  then the receivers must recommend that as much of the industry as possible move offshore immediately to  survive. As for reparation of the assets, soil, water, vegetation and atmosphere there will be insufficient funds  to maintain let alone restore them to their once high yield state.

With the income from international “carbon trading” the operations has a sustainable hture yielding  excellent returns to shareholder stakeholder and total asset reparation a true millennium achievement  however if the decision maker preventing join 149 world leaders then the organisation is doomed and history  will record the moment and players,

The Senate shall administrate the reparation programme on behalf of the shareholders  A detailed report and work book confirming the above could be tabled at a cost of $900,265 illustrating  cost benefit of ratifying It could offer an escape for current board members from historian reporting on their  failure to preserve their baseline assets water soil vegetation atmosphere. The report and work book tabled at  the Senate for implementation

Without prejudice

Robert Vincin

Expert  17/5/02

Vincin@,emissiontraders. corn. au

0438206190

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(1) The Missing Sink scientific paper (R.Vincin, R Condon OAM 2001)  a study of 700 papers from worldwide Universities on the function of C3  and C4 carbon pathway. Vincin Keynote speaker Former MPs  Association Canberra May 2005. See more on Vincin Google national

and Europe and other search engines. Vincin attends UNFCCC  UNCCD UNCTAD as member of Maurice Strongs' Earth Council.

(2) Vincin was former secretary to Prime Minister Howard's electoral  office leading the scientific delegation to convince him to sign  Kyoto1997. Vincin member UNCTAD emission trading forum 1997-  2000 toured most world deserts including desert tour with UNCCD and

UNFCCC. Member Standard Aust carbon trading Founder of Yass  River Valley re-vegetation programme Spoke at UN NY on its 40 th  birthday to 65 NGO

(3) the only true assets of the planet we pass to the generations to  come are, soil-water-vegetation-air. Carbon is the lifeblood of soil,  sustained by vegetation and water to convert CO2 into, soil carbon,  and, return air to the atmosphere. C4 sequestration is the only process  to reverse CO2 build-up. C02 expands unabated! Trees are C3 and  take carbon from the soil most of their life and once harvested all that  carbon leaves also.

(4) Gadaffi Roosevelt China Israel India (under Menzies Columbo  plan) brought water from where it is in abundance to where it is needed  now and for the future

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ECONOMIC IMPACT of SALINITY

I have given evidence to previous Senate, State government inquires over several decades into, Climate  Change, Salinity, Water and Drought impacts. I am quoted in all reports with suggestions highlighted on  proven reparation initiatives. My extensive historical and scientific studies are published. I sat on United  Nations forums on Climate Change, and, with the UN and privately visited most of the world' deserts and

environmentally degraded regions. I have had the privileged to be hosted by heads of Universities academies  and governments in the quest for open knowledge. I offer the follow in invitation to your request for data.  Subject to my being here in Australia I would be pleased to meet. By way of interest I am the keynote  speaker May 10th to Association of Former MP's in Canberra (day of budget, in the Old House)  Terms of reference

Your first reference point (a)" has the government goals been attained" the answer of course is absolutely  not. The cancer salinity is spreading across the body. There is no point in discussing any other point at this  time. Understanding the economic impact of salinity demands understanding the baseline cause effect and  solution.

CAUSE  In my scientific historical research papers (27 years of study of the first European explorers and botanists  hand written papers) delivered to the scientific assemblies The Murray Darling Commission workshops 1996  and the Second Stream Conference 1999 my published papers address the European induction of salinity in

the Australian soil and water ways.

Repetitive governments and many of the heads of agencies being too fixed ignore the overwhelming hard-  core facts and/or, the solution contrary to the position they have assumed. So this new enquiry following 100  years of enquiries must decide, finally and urgently, based on accumulated knowledge, for and on behalf of  the Historians of Tomorrow action via hands on must commence. The enquiry should boldly direct

government to the solutions, for history shows, prior enquires decided it was too hard. To await this time for  another government to hold their enquiry will be too late as the cancer is now moving across the body (of the  nation). Assuming this enquiry is dedicated to saving our decaying soils and water vegetation and rural folks  growing food for the city people I offer the following. Also attached is a visual presentation.

(1) Holding enquiries into salinity, water, erosion, and climate change, loss of habitat, greenhouse, and  atomic waste disposal in isolation has always been the directions of governments it is futile

Take a look at how many environmentally related inquiries are currently being held in isolation by the  federal government and departments.  It is like a doctor treating a person who has been subject to exposure for a long period of time and starting  with, healing the salt burns but until that is repaired waiting to address, sunburn, malnutrition, and

dehydration. Sun blindness, ulceration and kidney failure, blood poisoning, all at a later date by some other  groups.

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The UNCCD Protocol (desertification) (to which this, the worlds' driest continent was virtually the last to  ratify) nominates its' world desertification Day June 17th and its decade of desert reversal 2006-15 has  distributed visual relating, the human surface skin to that of the earth surface. Unlike the rest of the world  Australia has pockets of agencies each with a life career mapped out all in isolation. Other nations appoint in  these most critical times an overall exDert as Minister or head of a total environmental agencies linking,

cause-effect-solution integrally. So indifferent are we here that we have appointed 10 "Ministers" in one  generation. The core assets soil-water-vegetation-atmosphere has been treated as inexhaustible for this  generation's use only.  (2) My record precedes me in submissions to State and Federal inquiries into these issues. The most recent  NSW salinity inquiry I am quoted as offering the solution.  My extensive global travel with UN and privately into salinity desert poverty ravaged regions illustrates the  necessity for a bold body and leader to say, "these issues are insolubly link'. Alas I fear another decision  delay, and continue to treat the core business of Australia's asset in isolation, akin to but moving the deck  chairs". If Government was a business (as it should be) the shareholder would note the decline of core assets,  in fact, stripping the asset and ASIC and the Stock Exchange would, after the event, send in the receivers and  jail directors.

(3) What repetitive agencies and particularly Parliaments fail to recognize is that, Soil, Water, Vegetation,  Atmosphere, are the only baseline assets of the globe and nation. For a peppercorn rent oil, mining,  agriculture, forestry, gas, companies extract other assets from the global and pay no real repayment or  replacement, such is left for the next generation to solve.

(4) Let us assume for a moment such a thought. Soil-Water-Vegetation-Atmosphere as assets insolubly  linked has creditability and is worthy of exploration.  Like any genuine researcher as opposed to a collector of offered array of data, the researcher goes back to  historical baseline data. The following is abridged:-

In my references to the Papers There was no river system (Murray Darling Snowy) only water courses (not  rivers) that were recharged once a year that in turn recharged, aquifers, billabongs, lakes, I highlight: - Reed  barriers held back flow spreading the flow across the catchments. Aquifers were fully charged with natural  overflows (water returning) back into down flow outlets. Reed cover billabongs, aerated water as cooling  towers, and a breach were rapidly stopped by loose debris. High carbon silt (carbon the lifeblood of soil) was  carried in the fresh water generators. The first squatters settlers assuming the soil was deep like that of the  northern hemisphere rapidly cleared the land and alas the reed barriers across the catchments. The water  courses (including the Snowy) only had flow for a short time following monsoon rain and melting snow and  the waters seldom reaching today's Wentworth and very occasional, the western HEADLAND Hindmash at  Lake Alexandrina. Sketches, paintings, and from 1870 photos prove this. The earlier races of Aborigines

since murdered were friends of the early explorers and used the terms the" water dies in the plains" or goes  down into the earths mouth (open rubble sinks). The early explorers often went weeks without adequate  water supplies and contrary to popular stories the only time they launched their collapsible boats was to  explore large billabongs or Macquarie marshes. Occasionally some billabongs were salty but there were no  gully deep rivers with massive trees growing in the centre of the flow (the "river moved to surround and  under cut the trees) (how did a seed take hold under water and grow through the flow??)

One Captain Cadell won the first race up the water flow "the Murray" plying from billabong to billabong  during a flood that reached Wentworth. The low draft paddle wheeler smashed down the reed barriers and all  behind them hence the zigzag route of today. He later won the $80,000 pound contract to build a paddle  wheeler to cut down all trees to a common level below the water line to allow paddle wheeler up the flow.  (Examples still exist today of such horrific damage to the future of Australia's ability to be self sustaining.

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Squatters and settlers also cleared the reeds away from the billabongs "to allow the cattle and women to  gather potable water". They burnt vegetation and trees across the catchments. Cadell carried on his saw  cutting up the Darling into Queensland. The next time the annual floods came the water without restrictions  of trees and vegetation or billabong reeds gathered speed cutting new and deep gullies across these new

"properties". The boundaries of soon to be declared States and private holding constantly changed. Great  visual of the Mayor of Singleton standing in his top hat with other councilors and photographer witnessing  the loss of half the town down a deepened gully or the array of locomotives (replacing the paddle wheeler  because the annual flows stopped) lying on their side in a washout by the newly formed rivers was a constant

annual event.

( 5 )  So these new route deep gullies (that the average 21st century citizen believes is the true and only route of  the west of the divide) rivers, and the irrigation systems such as the Murrumbidgee system built across  known salt flats, salt creeks, salt billabongs, (I have copies of these maps and the later maps removing all  references to salt but submitted to government for funding the system) create the drama and legacy we face  today. The wholesale removal of halophytic (salt-loving) vegetation and the totally irresponsible overgrazing  by cattle barons such as Kidman added to the inability for natural sequestration and management of salt  tables.

(6) It is interesting to note that the earlier holdings of sheep and cattle grazing on these halophytic varieties  enjoyed an income of double to those on non-saline grasses and vegetation. Today wool meats leather from  halophytic grazing is double that of grass hay fed livestock.

EFFECT  So, today governments are trying to take away the baseline asset WATER from landholder claiming it owns  such this poor advised would be challenged.  Any minister believing that the crop grower can survive on 35% of the water use has obviously never had a  vegetable patch let alone a water dependant production farm.

The Magna Carta King James Common Law and the Australian Constitution clearly specify that, land and  water are inseparable assets of the landholder not that of government. Take advice of leading bank people  who have loaned landholders whether they accept that a landholder can sell part of the asset. The federal  government is supporting water license asset sales of previously issued licenses in the belief that it will  acquire water to flush out salt in the Murray Darling system. The hard-core reality is those that are rushing to

sell their licenses are mostly dry land farmer (with no water under or near their land).

ECONOMIC IMPACT of SALINITY. STATUS TODAY

Two centuries of vegetation clearing, alteration of water flows, loss of soil carbon, alteration to historical  transpiration, establishment of Federal and State government agencies separating various elements of the  baseline assets SOIL WATER VEGETATION ATMOSPHERE each agency and Minister competing for the  limited hnds to expand and report of the demise of the assets has achieved hrther demise. At this very  moment to confirm this sad fact a visit to governments web sites confirms the number of inquires. Other  critical but important issues such as non pollutant energy like atomic waste are back in the governments  agenda but no reference to disposal of such danger. Wind and solar geosequestration geothermal energy are  being funded because they look good when sound scientific undertalngs prove them to cost more financially

and environmentally. There are a host of scientifically proven solutions but do not have the political support  to be introduced.

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THE ONLY SOLUTION

Unless there is a bold truthful leader who discovers the fact that, the earth and nation are consuming the  baseline assets at an unprecedented rate and addressing reparation attempts in isolation then holding inquiries  as to solutions is fbtile. The Historians of tomorrow need leaders today. If government was a board of  directors of a company consuming base assets without replacement or introducing polluting sources without  adequate disposal then on behalf of shareholders ASIC and the Stock exchange would take them to court  after the damage was done.

HOW TO REVERSE and REMOVE the CANCER SALINITY  The following might seem a long trip there is but one solution Asset restoration and management  Establish a BOARD of DIRECTION a master asset management department with a mix of directors from all  sides of government a balanced non-party management.

(1) Take advice from world leaders eg 147 world leaders and their scientist signed and ratified Kyoto.  Australia signed and committed to the penalty embargo rules.  (2) Commence global emission offset trading (carbon trading) the income via C4 vegetation carbon  sequestration will address infrastructure building. WHY? It will fund salinity reversal and other fine deeds

(3) If we are to avoid repeating historical mistakes we must understand the carbon cycle and in turn the  planetary environmental asset balancing cycles

Robert Vincin  GPO Box 3335  Sydney 2001 NSW  0438206190  Vincin(3emissiontraders.com.au

papers from worldwide Universities on the function of C3 and C4 carbon pathway. Vincin  Keynote speaker Former MPs Association Canberra May 2005. See more on Vincin Google  national and Europe and other search engines  (2) Vincin was former secretary to Prime Minister Howard’s electoral office leading the  scientific delegation to convince him to sign Kyoto1 997. Vincin member UNCTAD emission  trading forum 1997-2000 toured most world deserts including desert tour with UNCCD and

UNFCCC. Member Standard Australia, carbon trading. Founder of Yass River Valley re-  vegetation programme. Spoke at UN NY on its 40th birthday to

(1) The Missing Sink scientific paper (R.Vincin R Condon OAM 2001) a study of 700

65NGO ...............................................................................................................

(3) The only true assets of the planet we pass to the generations to come are, soil-  water-vegetation-air. Carbon is the lifeblood of soil, sustained by vegetation and water to  convert CO2 into, soil carbon, and, return air to the atmosphere. C4 sequestration is the  only process to reverse CO2 build-up. CO2 expands unabated! Trees are C3 and take  carbon from the soil most of their life and once harvested all that carbon leaves also. Many

C4 varieties are halophytic (salt loving).

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