carbon tax companies to benefit, page-10

http://www.climatechange.gov.au/government/submissions/clean-energy-legislative-package/~/media/publications/clean-energy-legislation/exposure-draft-clean-energy-bill-2011-pdf.pdf


HAZELWOOD OR ANY POWER STATION IN VICTORIA if it enters a contract for closure with the federal government it will not be eligible for any assistance under the climate change proposed legislation.

Why give up over 1 billion dollars in compensation when it can value add its operation by adding COLDRY to the mix and add potential export BCE and carbon permits to its revenue , THE BANKS WOULD CERTAINLY APPROVE.

all conditional on presentation to minister..

after all there is a 700 year resource ready for public approval if COLDRY BENEFITS are endorsed.Political indeed.Especially if HRL is given the green light THIS MONTH.

3 billion may be fair value if an export capacity is attached to the business,.

"A spokesman for Hazelwood's owners, International Power, said yesterday the company was considering an expression of interest.

It is believed $3 billion has been mentioned as a price tag to completely shut down Hazelwood.

Climate Change Minister Greg Combet told The Age in August the government did not share International Power's views on the value of Hazelwood. Energy Minister Martin Ferguson said yesterday the government wanted results, but not ''at any cost''"



Read more: http://www.smh.com.au/national/power-switchoff-deadlines-20110930-1l1og.html#ixzz1ZijKHlI0