Alcoa contradicts Joe Hockey on reasons for smelter shutdown
Aluminium manufacturer Alcoa has contradicted federal government claims that the carbon tax led to the decision to shut the company's Point Henry smelter and two rolling mills in Geelong and western Sydney.
Treasurer Joe Hockey and Mr Macfarlane both blamed the tax for the loss of nearly 1000 jobs.
But in a statement a company spokeswoman confirmed ''the carbon tax was not a factor in the decision''.
Alcoa had been exempt from 94.5 per cent of its carbon tax liability for its smelting operations as a so-called emissions intensive trade-exposed industry.
Read more: http://www.smh.com.au/federal-politics/political-news/alcoa-contradicts-joe-hockey-on-reasons-for-smelter-shutdown-20140218-32yir.html#ixzz2tiQHohYm
Give it up hockey,you lie.
Raider
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