LYC 1.30% $7.61 lynas rare earths limited

'Forget about incentives just ask him why they have created an...

  1. 1,021 Posts.
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    'Forget about incentives just ask him why they have created an additional impost in the Carbon Tax.

    There was very little attraction in downstream processing in Australia previously but the CT is the final nail in the coffin.'

    If I understand this carbon tax correctly that is exactly what it is all about. There is no incentive to change (from carbon polluting ways)if there is no tax. The tax is the driver for change - to use such things as rare earths from Lynas to build wind gens or other devices for a cleaner environment. The CT becomes the circuit breaker to persuade the polluters to make the change. And with the introduction of new technologies presumably comes new employment opportunities.

    cheers

    redgum
 
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