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More Recent News: 0 1 2

Carbon price not the worst impact: Plants insolvent as gas and black coal prices rise, as fuel prices move closer to export parity

Proof edition: The Business Council of Australia (BCA) said it expected some or all coal-fuelled electricity plans to close after 2010; and risks would also rise from fuel contracts.

(Full Article)


Carbon price impact of $20 tonne on sample Victorian electricity generator: value falls $1.7bn to $400 million; asset-owners plot

Proof edition: The right to pollute for free, was worth a huge value to generators which used brown coal. It allowed them to profitably compete with clean plant.  The pollutors lobby-group the Business Council of Australia (BCA) aregued therefore the asset owners should get huge subsidies

(Full Article)


Carbon price: Australian electricity traders will need to tie 2-3 year carbon contracts to electricity hedges

Proof edition: Most Australian electricity was sold under 2-3 year forward contracts. To enter into such contracts under an Emissions Trading Scheme, generators will need to fix the price of their emission permits over the same 2-3 year period.

(Full Article)


Carbon price - Australian 'big bang' scenarios: polluting giants topple when price hits $40/t CO2-e

Proof edition: The impact of a carbon price of $40/t CO2-e on the existing operations of 14 case study of sleected high -pollution businesses, by the Business Council of Australia (BCA) was substantial, it said.

(Full Article)


MRET mayhem: Business Council of Australia: argues case for Renewable Energy Target (MRET) to stop[ in 2010 when emissions-trading starts

Proof edition: An Emissions Trading Scheme will be achieved at a lower cost without the mandatory renewables (MRET) Scheme, argued the Business Council of Australia (BCA).

(Full Article)


CRA and ACIL Tasman take a different look at gas prices

The Business Council of Australia (BCA) used  CRA and ACIL Tasman gas models to back its case for larger carbon compo for coal generation and industrial pollutors.

(Full Article)


It can’t be done: investors can’t build new gas plant fast enough to meet carbon target, argues Business Council of Australia

The Business Council of Australia argued there is a maximum build rate at which new gas generation can be built, and get gas supplies, production and transport; therefore, the BCA argued there was a case to subsidise coal plant, that is ,the Federal government would pay coal plant carbon liabilities.

(Full Article)


Australian carbon price policy drives new gas-fired gen; gas demand up from 139PJ today; to 466PJ; $4b year in new gas and wind developments

The Business Council of Australia (BCA) questioned the ability of the market to meet the demand for new investment in wind and gas generation implied in the Australian Government Green Paper.

(Full Article)


Carbon price: Australia's NSW NGACs collapse to spot $5.15 in week to 1 September 2008

The big question remains what will happen to existing obligations in the GGAS market now that DSA producers will no longer be contributing to supply from 1 January 2009? In theory, if the current GGAS obligations are maintained and DSA production is removed, the supply/demand status quo will be altered considerably. In 2007 almost 10 million NGACs were created via the DSA rule.  NEET will remove this contribution, but the NGAC surplus still remains in the 10s of millions'.

(Full Article)


Australian carbon price curve points down: green pain relieved with lashings of options, in REC Puts and NGAC Calls

The "machiavellian malevolence or the melancholy meanderings" of the crashing price of greeen instruments could be relieved with options, argued options-seller, Ken Edwards of Nextgen.

(Full Article)


Any old iron: mining metals by recycling a new “key strategic business”; Mitsui Sims moots trade of 23.5mt of carbon credits a year

Any old iron - and other metals scrap - were now traded globally, and a new business opportunity had appeared - as recycled metals earned carbon credits. Mitsui had set the metals recycling business as one of its key strategic business activities, and intended to earn carbon credits, replacing production with recycling. Mitsui reported China had recently bought “ferrous deep sea cargoes”; that is, shiploads of scrap metal.

(Full Article)




More Recent News: 0 1 2