Ian Nethercote concerned about electricity prices rising or potential loss of industry shifting overseas.
Loss of a 30 year contract to ALCOA would put LYP creditors on alert.
http://www.abc.net.au/news/stories/2011/02/25/3149082.htm?site=news
In the past Alcoa ,Government and LYP COMBINED to fund DEVELOPMENT OF LYP to meet baseload power for the Aluminium industry . 100% NEW COLDRY POWER PLANT would reduce LYP CARBON TAX and secure its long term contract.
FEASABILITY STUDY progressing to engineering drawings market and media need an update SINCE THIS VIDEO.
http://www.abc.net.au/news/video/2010/06/25/2937560.htm
Or is Baillieu concerned about the greens ,
victorian election results the greens did not get a seat in neither the upper or lower house.
Time for liberals to publicly support coldry.
electricity prices esi right market segment., page-27
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