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Coalition to compensate business if carbon tax scrapped
Shadow treasurer Joe Hockey says businesses adversely affected from the scrapping of the carbon tax may be offered compensation from government, should the coalition win at the next election. “If
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Tasmania’s bizarre energy Catch 22
Hydro Tasmania is reaping the benefits of the undersea power cable Basslink, exporting carbon-free electricity to the mainland worth millions of dollars, whilst Aurora Energy passes on a 10.56 per
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Carbon list shorter than expected
The federal government this week released it’s preliminary list of “liable entities” who will be hit with the carbon tax, and it’s considerably lower than expected. From July 1, 248
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Macquarie Generation takes $1 billion hit
NSW Government owned generator Macquarie Generation claims the carbon tax will devalue its assets in the Hunter Valley by $1 billion. The company, which operates the Liddell and Bayswater power
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Price hikes no problem, says Fitch
Power companies will have few problems in passing on the cost of the carbon tax to consumers when the new pricing regime begins in July, according to a report from
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Top 50 would pay $7.3 billion (without free permits)
Without Government compensation, Australia’s top 50 polluters would face an initial carbon tax liability of up to A$7.3 billion, according to figures from the National Greenhouse and Energy Report. The
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(Most) Big Polluters cut emissions
The vast majority of Australia’s top 25 polluters have cut their carbon emissions over the last 12 months, according to the following table as released under the National Greenhouse and
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AGL wants bipartisan carbon policy
Major energy provider AGL Energy has called for a bipartisan carbon policy, saying it would be better for the energy sector. AGL chief executive Michael Fraser said on Sunday that
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Infigen $15m better off under carbon legislation
Wind farm operator Infigen Energy has predicted Australia’s new carbon pricing regime will lift its annual income by $15 million, largely from increasing power costs. Infigen managing director Miles George
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Hard times ahead for public generators: S&P
Publicly owned electricity generators in NSW and Queensland would be the hardest hit by the Federal Government’s new carbon pricing legislation, according to ratings agency Standard & Poors. S&P also






