http://www.theaustralian.com.au/national-affairs/carbon-plan/green-light-for-carbon-tax-red-flag-for-industry/story-fn99tjf2-1226164351989
GEAC and International Power to follow on the registry.
business certainty ....
Both will have it after today starting with $23 perton,if they want to obtain funding in the order of 2 billion dollars each from the federal package, both Geac and Hazelwood cannot apply for a closure package ,so time has come for BUSINESS AS USUAL regarding lignite use to CHANGE.
CEO for International Power will recieve certainty and political closure on lignite.
" on going intervention in the NEM are ultimately paid for by consumers. There is a clear need for governments- Federal and State- to stop the cycle of politically motivated short term interventions into the energy market, set long term policy which can be trusted to not vacillate and allow the market to work"
QUESTION NOW is how are the power operators going to reduce emissions effectively , and not use carbon capture in there proposals to federal government.
ALL proposals will be made PUBLIC, along with the amount of carbon emissions emitted by the power operators.
The smoke screen is finally going to be cleared, with the sp of ESI to follow.
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