As for Environment Victoria they still think that lignite can be exported, and have not woken up to the fact that Australia contributes less than 5% of world carbon emissions.
Aim of climate change act is to reduce first and foremost World Emissions ...coldry can achieve this by reducing the use of lignite.
Baillieu has adopted a practical approach to save and create jobs.
It only takes a large OFF TAKE agreement from China to get both countries working together ,financially to develop Hastings.
Just ask Federal Infrastructure Minister Anthony Albanese what he thinks,FROM TODAYS RELEASE.
look what happened to Fortescue once the Chinese provided infrastructure funding to secure long term supply of iron ore.
500 year supply of quality BCE available in the latrobe valley . A 20 million ton BCE PER YEAR for 20 years is the type of contract the chinese are willing to sign. Long term energy security.
Positive future ahead for ECT ,let the past remain in the past and lessons learnt.
8c by end of august 2012 .
ESI Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
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