AGL

AGL is an Australian gas and electricity generator and retail company. AGL boasts that it is a "leading renewable energy company and is Australia's largest private owner, operator and developer of renewable generation assets". However, it is also a major investor in one of Australia's dirtiest brown coal-fired power stations.

Coal-fired power station interests
AGL is one of the largest shareholders in Great Energy Alliance Corporation (GEAC), which in turn owns Loy Yang Power. Loy Yang Power is the owner and operator of the Loy Yang A power station, which was ranked at the largest greenhouse gas polluting power station in Australia. The power station, which is located near Traralgon in Victoria, was estimated to have emitted 18.81 million tonnes of carbon dioxide equivalent (Mt CO2e) in 2009.

Handout from carbon tax package
AGL's subsidiary received $240,116,761.67 of the $1 billion cash payments given out in 2011/12 for the operation of the Loy Yang A power station. The cash was paid from the Energy Security Fund which was established as a part of the carbon tax legislation passed in 2011.

Contacts
AGL Energy Limited Level 22, 101 Miller St North Sydney NSW 2060 Phone:(02) 9921 2999

Postal Address: Locked Bag 1837 St Leonards NSW 2065 Website: http://www.agl.com.au/

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