Roughly ( very roughly) 5 tonne of valley lignite are consumed,,per second, every second,, to keep Loy Yang Hazelwood and Yallourn etc pumpin' sparks down the line...cheep and nasty huh. Thats about 12 tonne of CO2 per second gracing Australia's Carbon footprint. C/- the valley
http://www.energybusinessnews.com.au/2010/11/01/loy-yang-refinancing-belies-carbon-uncertainty/
LOY YANG POWER ,50% of its emissions under a carbon tax will be paid by ALCOA.
Under the 25 year contract with LYP.
a coldry plant for local use built by Alcoa would meet its contractural obligation in the new contracts enforceable with or without a carbon tax in place IN 2014.
LYP officially emits close to 20 million tons of carbon emissions, PER YEAR ???
are they cooking the books to the EPA.
350 MILLION , 2 MILLION TON PLANT and recieve billions in compensation , yes the Japanese bank would like assurances in maintaining its loans.
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