Billion-dollar bill for power stations to close

The nation’s peak power station lobby has backed Tony Abbott’s “direct action” plan for reducing carbon, but has warned it could mean paying coal power stations billions of dollars each to close down.

Read the full story on The Australian: http://www.theaustralian.com.au/business/billion-dollar-bill-for-power-stations-to-close/story-e6frg8zx-1226071989494

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