Exact amount not 100 per cent certain but it is over 100,000 tons depending on size of extruder and pack bed dryer modifications that figure could be higher . Best to ring the company but issue is LYP has to present a viable way to reduce emissions as it is not open for closure .Compensation payment is conditional on presentation of clean energy report. Also this applies to all power stations if they want the supposed free carbon permits except those that are eligible to receive closure compensation.... hazelwoood has until 30th of June to decide of it will agree to amount???? Offered to close up to agreed amount of power supply in 20 years . not cease operating as many think , so if they decide not to accept closure payment they will still be eligible for compensation payment under the conditional terms as LYP. Interesting 6 months ahead for an excellent management team to make the most of the carbon tax opportunity.
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2 yrs on, nothing so far. smokes and mirrors?, page-6
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