This program is designed to facilitate investment in new lower-emissions electricity generation capacity by providing certainty to future investors about the timing of closure of existing generators and, in turn, help them to plan ahead with confidence," Mr Combet said.
The federal government has called for expressions of interest to close down 2000-megawatts of the nation's dirtiest power generation by 2020
Read more: http://www.smh.com.au/environment/climate-change/dirtiest-coalpower-plants-to-be-closed-20110930-1l0tz.html#ixzz1ZiM9TOL4
Combet spoken like a true politician by providing only part of the facts, to keep interested political parties on the same side.
CLOSING THE ENTIRE POWER STATION is not mentioned in the clean energy draft , but only close down, 2000-megawatts, so retro fit and dried lignite will achieve the federal governments aims. Plus if LYP proceeds with COLDRY and Retro fit they will recieve funding towards the change..
ORDERLY TRANSITION.plus the CONDITIONAL if power stations want part of the 5.5 billion dollars that is conveniently left out.
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