elsee the carbon tax going through will change business as usual approach by power companies.
tax takes effect july 2012.
lignite as an asset in its current form represents loss of earnings for all the power stations in the latrobe valley.
$23 PER TON TO COMMENCE WITH , AFTER 10 YEARS??
not if power companies use new technology but need to ,and if they want the compensation payment need to act before August 2012.
next time i see Julia Gillard in my home electorate will give her a nice bunch of flowers on your behalf and ECT shareholders.
6 times more energy than the north west shelf in the latrobe valley ,enough energy to keep victorias competitive advantage.. greens are not going to see it locked away , only improved the way it will be used.
BCE , Coal to gas ,funded federally and state support.
have a read of the climate change act relating to compensation to power stations...potential improved significantly from the time that video was made, no exclusivity for local use in place now..
1 coldry module less than 50 million dollars ,scale up gradually, not all new technologies have that flexibility to scale up.
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