…after all rules and concessions are applied, not one of Australia’s 20 largest emitting facilities is expected to exceed their baseline – despite almost all being forecast to grow their emissions over the next 10 years…This means largest electricity generators such as Loy Yang A and B, Hazelwood, Bayswater, and Yallourn are expected to avoid exceeding their sectoral baseline under the scheme, while new LNG export facilities Wheatstone, Gorgon, Itchys and Pluto are also expected to avoid facing any liability. Combined, RepuTex forecasts these largest facilities will account for over 50 per cent of all emissions covered by the safeguard mechanism by 2020, yet not be liable for emissions increases…Clown Prince Tony leads us ever more backwards, downwards, dirty and brown
>more> RenewEconomy