Quote:
Originally Posted by CaptainCrunch
I also can't get my head around the whole not aware storyline that the government is playing, since first of all, its pretty clear that they knew and plowed ahead with the Carbon levy anyways which would reduce someone like Enmax's profitability to nearly zero (15 million cost to 150 million cost).
As its been pointed out these PPA's and the terms of them were readily available to the government.
IF the government had been so unhappy with this not profitable condition and what it involved, they should have been filing this court challenge before they made the changes to the Levy, or they should have gone to these utility companies to understand what their trigger point was for returning them, I tend to think instead that they would sneak through the Carbon Levy on coal plants and hope that the companies wouldn't understand the implications of the Levy to their bottom line. Instead they got caught with their hands in the cookie jar.
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This is a good point, if the Government was so assured of their position on this, they should have been ahead of the game.
Challenge the clause before altering the rules as opposed to now being behind the ball and looking like idiots and doing damage control.
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