the sky hasnt fallen in yet but ???????The carbon tax has been...

the sky hasnt fallen in yet but ???????


The carbon tax has been partially blamed for the decision to close a coal-fired power station in the Hunter Valley.

Munmorah Power Station began operating on the shores of Lake Macquarie 45 years ago, making it one of NSW's oldest coal-fired stations.

Owner Delta Electricity announced today the plant will close.

Reduced demand and Munmorah's ageing infrastructure and high maintenance costs have been cited as reasons for the decision.

But Delta chief executive Greg Everett says the carbon tax is also a factor in deciding to bring forward the plant's proposed 2014 decommissioning, with predictions it will further erode its viability.

"To be honest, Munmorah would have been closing, with or without a carbon tax. The carbon tax really just sealed the fate of the power station," he said.

The Greens have called for the station's closure for more than a year, labelling Munmorah one of the dirtiest power plants in NSW.


http://www.abc.net.au/news/2012-07-03/carbon-tax-cited-as-coal-power-station-to-close/4107694