The link between LYP /Alcoa Australia / ECT / TINCOM / GOVERNMENT fall under the climate change policy 2010 where business can work with existing government to reduce carbon emissions thus either receiving carbon credits or other benefits in government subsidies.
Part of the contract between LYP and Alcoa for 30 years was to investigate a reduction of carbon emissions ,worth reading the conditions it works under.
ALCOA utilizes a large portion of baseload power from LYP,no further subsidies for Alcoa after 2014 ,and introduction of a carbon tax from federal government will force change.
Tincom would be paid for coldry supply to EITHER a 100 % coldry power plant or existing power plants in the form of a shandy.
It represents revenue to TINCOM while developing the other 80 million tons for export.
A WIN WIN WIN for all involved.
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