Carbon Ready • LYA has been actively preparing for the introduction of the carbon pricing scheme on 1 July 2012 • LYA is also investigating a number of other options to further reduce its carbon emission level including pre-drying of coal, carbon capture and other technologies • The major Victorian brown coal generators operate with a carbon intensity in the range of 1.25tCO2/MWh to 1.55tCO2/MWh sent out –LYA being the most efficient • Substantial forward volumes have been contracted with carbon pass-through, further mitigating carbon exposure • LYA expects c. $1.3Bn in transitional assistance ($240M in cash in June 2012 and 10M free carbon permits per annum for the following four years) under the Clean Energy Future program
ESI Price at posting:
2.7¢ Sentiment: None Disclosure: Held
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