carbon tax companies to benefit, page-8

If they shut em they need to replace em !

http://www.smh.com.au/environment/climate-change/dirtiest-coalpower-plants-to-be-closed-20110930-1l0tz.html

Climate Change Minister Greg Combet said in a statement the shift to cleaner energy required an "orderly transition".

"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.

Coldry USC here we come, post Datang test burn results in due course.

Power plants in the Latrobe Valley would not begin closing until mid-2016 under the federal government's preferred timetable to pay heavy greenhouse gas emitting electricity generators to shut down.

Read more: http://www.smh.com.au/national/power-switchoff-deadlines-20110930-1l1og.html#ixzz1ZiCrSD5c