china contract re rate, page-9

1000% increase on today's price based on a JV with LYP /ALCOA /GOV federal alignment.AND another
conservative 1000% increase on Hazelwood using a shandy mix.

20 CENTS ON GOVERNMENT ENDORSEMENT.

What will HAZELWOOD present in the Clean Energy Program considering Baillieu has no intention of closing it down ,in the next 10 years as it needs to QUALIFY TO RECIEVE Compensation package.

CARBON CAPTURE does not qualify IN THE COMPENSATION PACKAGE OF 5.5 billion and gas prices are attached to the rising oil price.

With all the carbon permits available on top of the free ones in reducing the carbon emission from the RESOURCE that Hazelwood can use and charge a price for Baillieu could support coldry for HAZELWOOD .

IN 5 years HAZELWOOD would have in excess of 2.5 billion dollars of carbon permits should it use coldry.

GOVERNMENT OWN the coal and infrastructure is already operating.
Just need to invest in 2 coldry plants, one for LYP and another for Hazelwood.
800 MILLION for a return in the billions,and protect industry in Victoria.

November/ December will be huge for ECT ,ONCE THE CARBON TAX LEGISLATION is passed.


http://www.smh.com.au/victoria/victorian-power-firms-to-get-97-of-carbon-compo-20110718-1hlr8.html


The study, commissioned by the Baillieu government to boost its campaign against the tax, found that Hazelwood (Australia's so-called ''dirtiest'' power plant) would be in line to get $287 million as a cash payment next financial year, plus almost $1.3 billion worth of free permits in the three years to 2016.

Loy Yang A, the next most polluting plant, would be eligible for a $226 million cash payment and $996 million worth of free permits.