6 years ago
RENEWABLES INDUSTRY SLAM LIBERALS COAL PLAN
MARK BUTLER MP
Scott Morrison and his inept Liberals will drive power prices further up, freeze new energy investment, and are a recipe for wasting taxpayers’ money on uninvestable expensive new coal.
That’s the conclusion of the first leaked submissions on the Morrison’s Government’s plan to bastardise an ACCC recommendation in order to underwrite new coal-fired power stations with taxpayers’ funds.
The Clean Energy Council (CEC) has described Morrison’s coal plan as “clearly no longer technology-neutral and sharply contrasts with the rationale behind the ACCC's recommendation of supporting sustainable generation projects in order to improve competition", while Meridian Energy have stated the Morrison coal plan is putting "a hiatus on any form of investment."
In a striking vote of no confidence in the Morrison government, the CEC also adds, “as a minimum, any progress on a government program should occur after the upcoming federal election".
This vote of no confidence has been backed by Infrastructure Partners Australia, which also urged the Government to "pause consideration"of their coal plan, while pointing out ongoing policy uncertainty was “exacerbating the challenges in attracting investment into new electricity generators.”
Meanwhile the New South Wales Liberal Government have again tried to distance themselves from the failed Morrison Government with Don Harwin, NSW Energy Minister, again committing their state to net zero emissions by 2050 and slamming the Federal Liberals energy policy chaos saying:
"The NSW government did not rule out supporting the Turnbull government when they were talking about an emissions intensity scheme, the NSW government did not rule out supporting the Turnbull government when they were looking at the Clean Energy Target,
“We made it quite clear that we did support the integration of climate and energy policy and we were happy for the NEG to go up and we were ready to sign up to it before Malcolm Turnbull withdrew it.”
The out of touch Liberals new coal plan has no support and will just exacerbate their energy crisis. And Australian households and businesses will pick up the bill with their power costs continuing to go up, and up, and up.
That’s the conclusion of the first leaked submissions on the Morrison’s Government’s plan to bastardise an ACCC recommendation in order to underwrite new coal-fired power stations with taxpayers’ funds.
The Clean Energy Council (CEC) has described Morrison’s coal plan as “clearly no longer technology-neutral and sharply contrasts with the rationale behind the ACCC's recommendation of supporting sustainable generation projects in order to improve competition", while Meridian Energy have stated the Morrison coal plan is putting "a hiatus on any form of investment."
In a striking vote of no confidence in the Morrison government, the CEC also adds, “as a minimum, any progress on a government program should occur after the upcoming federal election".
This vote of no confidence has been backed by Infrastructure Partners Australia, which also urged the Government to "pause consideration"of their coal plan, while pointing out ongoing policy uncertainty was “exacerbating the challenges in attracting investment into new electricity generators.”
Meanwhile the New South Wales Liberal Government have again tried to distance themselves from the failed Morrison Government with Don Harwin, NSW Energy Minister, again committing their state to net zero emissions by 2050 and slamming the Federal Liberals energy policy chaos saying:
"The NSW government did not rule out supporting the Turnbull government when they were talking about an emissions intensity scheme, the NSW government did not rule out supporting the Turnbull government when they were looking at the Clean Energy Target,
“We made it quite clear that we did support the integration of climate and energy policy and we were happy for the NEG to go up and we were ready to sign up to it before Malcolm Turnbull withdrew it.”
The out of touch Liberals new coal plan has no support and will just exacerbate their energy crisis. And Australian households and businesses will pick up the bill with their power costs continuing to go up, and up, and up.