AND THIS IS THE BEST PART.
EXCLUDING CARBON CAPTURE AND STORAGE.
LYP OWN NO GAS.
ALCOA will shut down operations if they have to pay baseload power prices based on gas supply.
Can the government afford to risk ,loss of over 3000 jobs associated with the aluminium industry?
http://www.aar.com.au/pubs/cc/foccjul11.htm
An independent Clean Energy Finance Corporation will be established with $10 billion (over five years) in government funding to support the deployment and commercialisation of renewable energy, low emissions intensity and energy efficiency technologies (excluding carbon capture and storage).11 This funding will be provided through equity investments and loans (including loan guarantees). Investments will be divided into two streams: a renewable energy technologies stream and a broader stream focused on renewable energy, energy efficiency and other low-emissions technologies, with approximately $5 billion to be allocated to each stream.
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