"He said the estimated cost of the carbon price to AGL would be $450 million a year, but as part of an agreement with the Federal Government, half of this amount would be covered through transitional payments."
those government subsidies stop in 2014 when the new contracts with ALCOA become effective.
as long as AGL supply baseload power to Alcoa ,50% of the carbon emissions carbon tax will be paid by alcoa on behalf of LYP stations emissions.
now given that there is a carbon reduction agreement in place between both companies ,it would be in both companies interest to reduce the cabon tax further..with government funding.
COLDRY further modules upscale. 2 million plus.?
800 million dollars available from AUS Industry Fund plus the unknown Victorian input by Baillieu to
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(20min delay)