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Winemaker raises his glass to foresight

WHEN Mark Davidson set out to reduce his business’s energy consumption a year ago, he did so knowing a carbon price was a high probability.

So when the legislation passed through the Senate yesterday, Mr Davidson knew the Hunter Valley winery he part owns would be better protected than most from electricity price rises as a result of the new tax.

”Even though it has been a political hot potato, it was clear to anyone that this was something that would affect any business,” Mr Davidson, the managing director of Tamburlaine Organic Wines, said.

Treasury modelling shows the carbon price will drive electricity prices up by 10 per cent, but by slashing his business’s energy use by more than half, Mr Davidson’s Tamburlaine winery will continue to save money, despite the tax.

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