I thought the 'pipeline' was funded by the end user (the mining companies)? So ERJ exposure is supposed to be minimal.
Is the holdup in the pipeline projects that everybody and every co. is waiting to see where the Abbott is going with low cost energy sources - e.g. the RET review, the stoush over ARENA / CEFC and on and on. No-one would want to spend money on energy recovery (with diesel, energy recovery = carbon emission reduction) when you could sell the carbon savings under Direct Action if you signed on a month later instead of now.
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