CARBON TAX
Completely different playing field now.
ALCOA contract 25 years. LYP need to deliver but not by GAS.Look at the details of the contract after 2014.
Banks will not loan money to power stations that have greater emmissions than a black coal power station.
Ian Nethercote looking for an additional 400 million and asset value to obtain loan guarantee from banks.
Coal industry in Victoria Latrobe Valley worried about job losses.
Government offering funding for innovation that can deliver less carbon emmission than black coal, .
Geelong City Council new approval of industrial estate to expand port and concern for ALCOA TO REMAIN in Anglesea.
There is more but put these business interest together and IMO funding for coldry plant will be available.
CARBON TAX Completely different playing field now.ALCOA contract...
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