the sleeping giant, page-29

http://www.aph.gov.au/Parliamentary_Business/Committees/Senate_Committees?url=scrutinynewtaxes_ctte/carbontax/interim_report/c08.htm

so at what market rate and hurdles would INFAMA recieve funding should it want to upscale beyond 1 ,2 , 3 ,or 5 MILLION TON COLDRY PLANT.,???considering the governments policy on Indigenous economic integration.

INFAMA participation in conjunction with government incentives is a major positive.


Clean Energy Finance Corporation
8.25 The government's carbon tax plan includes the establishment of the Clean Energy Finance Corporation (CEFC). The CEFC is included in the climate change plan budget. Its purpose is to invest in:

... businesses seeking funds to get innovative clean energy proposals and technologies off the ground ... the commercialisation and deployment of renewable energy, energy efficiency and low-pollution technologies (and) manufacturing businesses that provide inputs for these sectors'.[23]

8.26 It 'will not invest in carbon capture and storage technology, which is supported through existing programs'.[24]

8.27 The National Generators Forum has been critical of the establishment of the CEFC, arguing that there was not consultation with the power industry about its establishment and that direct government intervention in the system will create investor uncertainty.[25]

8.28 The CEFC is to receive funding of $10 billion over five years from 2013-14. Capital returned from its investments will be reinvested. At the Committee hearing on 10 August 2011, Treasury officials indicated that its loans would be commercial in the sense that they would:

... not necessarily mean the market rate or the hurdle rates that that these businesses would need to go through. There are a large number of potential clean energy and renewable projects out there that cannot get finance for a range of reasons and the purpose of the entity, the CEFC, is to leverage private sector investment in this area.[26]

8.29 It is intended that these loans 'will earn a positive return', however, any drop in the value of investments by the CEFC would impact on the government's balance sheet.[27]


ALL IMO please do own research.