| The State Government of Victoria announced the Four Seasons Energy Pilot Program |
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| Sunday, 15 July 2007 | |
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The State Government of Victoria announced the Four Seasons Energy Pilot Program. This $1m fund is specifically set up “to demonstrate alternative heating and cooling sources...where the region does not have a supply of natural gas.” This specifically means ground source heat pumps. Financial support is available to anybody to offset the cost difference between installing conventional heating/cooling units and GSHPs (the announcement uses the term GeoExchange). Details can be found here. |
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| Oz minerals will review its capital and oporational expenditure as a measure to shore itself against the economic turmaoil. The company has committed to the schedualed completeion of the Prominant Hill project, but the timing and strcture of all new projects will be reviewed. |