gaurnet report to federal government highlights gas as being...

gaurnet report to federal government highlights gas as being uneconomic.
add W.A experience ....Baillieu will not jeopardise energy advantage to growing industries moving from NSW to Victoria because of affordable power.

November 2011 , hopefully the end to governments political games played to appease the greens and get on with opening up a new coal export market in Victoria.

Hastings been given the approval ,just need government endorsement for coldry.

over 1 billion dollars in guaranteed buy back from federal government to LYP after the first year of operation under the carbon tax,will LYP openly endorse coldry in their submission?.

http://www.abc.net.au/7.30/content/2011/s3338292.htm

ABBOTT has conveniently not mentioned that the GREENS AND INDEPENDENTS HOLD balance of power in the senate until 2017 ,any attempt to change the decision on carbon tax legislation if he wins election will be blocked , so legislation will stand.

"The initial scheme legislation will provide for five years worth of 'default' scheme caps, consistent with the 2020 emissions reduction target of 5 per cent below 2000 levels, that will apply if the scheme cap regulations are disallowed by either House of Parliament. A similar mechanism will apply for the subsequent year scheme caps should regulations establishing those scheme caps be disallowed. Keen observers will note that the latest the next federal election can be held is 30 November 2013 – six months before the initial scheme cap regulations must be tabled in Parliament – and that Opposition Leader Tony Abbott has threatened to repeal the carbon pricing scheme if the Liberal/National Party coalition is elected. However, given that the Greens are likely to hold the balance of power in the Senate until at least 1 July 2017, Labor and the Greens will be able to combine in the Senate to block any attempts to repeal the scheme legislation and/or to pass a motion in the Senate to disallow any regulations that would impose scheme caps weaker than those that would be needed to achieve the 2020 emissions reduction target.