Liddell power station: five extra years could give government $1bn rehab bill

Delta Electricity, a potential buyer, says either AGL or the commonwealth will have to take on costs of eventual rehabilitationExtending the life of the Liddell coal-fired power station beyond 2022 could require the government to stump up the almost $1bn cost of rehabilitation after just five years of operation, according to the only Australian company that has declared an interest in buying the station.Delta Electricity also says the biggest barrier to any such purchase is the government's lack of commitment to a climate-energy policy such as the clean energy target. Continue reading...