Collie’s coal power stations overlooked for compensation

 It has been confirmed that Collie based power generators for Western Australia will be hit with a $234.6 million carbon tax and receive no compensation from the Federal Government.

The three local power stations were not on the list of those which will share a $1 billion in cash payments being handed out in May.

Victorian power stations Hazelwood and Loy Yang BA will receive $265.9 million and $240.1 million respectively for the current financial year.

“It is clear that the Federal Government is favouring power stations in the Eastern States over those in Collie,” Federal Member for Forrest Nola Marino said.

“The full cost of this will be passed on to every power bill in Western Australia.”

 

Power Generation emissions

Muja Power Station                            5 million tonnes CO2e

Collie A –                                               2.2 million tonnes CO2e

Bluewaters 1&2                                  3.0 million tonnes CO2e

Total                                                       10.2 million tonnes of CO2e

A carbon price of $23 per tonne will cost the power industry of Collie $234.6 million per annum.