Cash-poor Kimberley fracker Black Mountain expects WA decision soon
The US-owned company is seeking funds from investors to stay a going concern while it awaits state and Federal approval.
The Bluewaters coal-fired power station in Collie was built in 2009 and supplies about 15% of South West WA's power. Japan's Sumitomo and Kansai Electric own the heavily indebted operation
The operator of South West WA's power grid needs insolvent Griffin Coal to keep supplying a vital power station, but if the WA Government won't keep it going, who will?
WA energy minister Bill Johnston sees no current alternative to gas for dispatchable power and wants to use low prices to lure more gas-hungry investments to WA
WA's industrial greenhouse gas emissions are dominated by four products and a handful of companies, including a few that have managed to keep a low profile in the climate wars.
Sumitomo has completely written off the debt-laden Bluewaters coal-fired power station in Collie after paying $600 million for it less than a decade ago
Before it takes WA to a clean, green renewable energy future the State Government has problems a plenty in still vital coal-fired power.
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