Ann: Quarterly Activities Report , page-23

On another note, I was reading this weekends FinReview 27/28th of April page 4, it mentions that the top 200 companies in Australia, could be exposed to penalties under the Coalition's direct action plan for reducing greenhouse emissions.

At the moment companies are paying this year a carbon tax of $23 a tonne of emission.

Guess where Alcoa sits on the table?

Number 4 with 871,434 tonnes of greenhouse emissions.

Now lets work this out @ 871,000 x $23 per tonne =$20 odd Million Dollars.

Now how can Alcoa reduce its carbon emissions??...Anyone??

We all know that Tony Abbott will get in this year, so from next year onwards, Alcoa will have to pay $20 odd Million Dollars for the carbon tax per year!