Ann: Update Coldry Patent - Australia , page-8

Jott Australia have zero ,no chance , of having any influence on IP outcome in favor of ECT.
TAKE A CLOSE LOOK at the details.

AS for anyone signing ....

IF LYP wants access to part of the 5.5 billion dollars in compensation they have to provide A CLEAN ENERGY INVESTMENT PLAN... they own no gas ,nor do they want to jeopardize the 26 year ALCOA contract,

besides they want to SELL all those free carbon permits plus additional ones received from utilising Coldry.

http://www.energybusinessnews.com.au/2011/07/29/kiwi-geothermal-sells-nz9-3-million-carbon-credits/

Ask yourself BANKER why would a German Bank want to purchase $9 million dollars in carbon permits unless a profit was involved.
IMO banks in Australia will be in line waiting to purchase from LYP ,once coldry is employed.

http://www.aar.com.au/pubs/cc/foccjul11.htm

Coal-fired electricity generation
In recognition of the significant impairment of the value of coal-fired electricity plant that will result from the imposition of a carbon price,9 and despite Professor Garnaut's opposition, $5.5 billion worth of assistance will be provided to emissions-intensive coal-fired electricity generators (ie those with an emissions intensity of more than 1tCO2-e/MWh of electricity). This assistance, which will take the form of cash in the first year (2012/13) and free carbon permits in subsequent years, will be provided in equal annual instalments over the five year period to 2016/17. The on-going provision of this assistance to a generator will be conditional on:

the generator adopting a clean energy investment plan showing how it will reduce its emissions; and
the capacity of the generation plant not being reduced unless the market operator determines that such a reduction in capacity will not have an adverse impact on power system reliability (including because the generator replaces that capacity with lower emissions-intensity capacity).