Turnbull’s powerful taskforce to promote the coal industry
Turnbull taskforce to push coal-fired power for north The Australian February 4, 2017 DENNIS SHANAHAN Political Editor Canberra MICHAEL OWEN, Malcolm Turnbull has formed a new, powerful cabinet committee to oversee national energy policy as the government proposes to use some of the $5 billion Northern Australia Fund to help build a new, commercially viable coal-fired power station in northern Queensland……
As parliament resumes next week the Prime Minister is putting energy security and lower power prices at the heart of the Coalition’s policy and political campaign with the new cabinet sub-committee — including Mr Turnbull, Barnaby Joyce, Julie Bishop, Scott Morrison, Mathias Cormann, Josh Frydenberg, Matt Canavan and Arthur Sinodinos — starting to co-ordinate and develop a national energy policy…….
Mr Turnbull and the Treasurer have flagged using funds from the Clean Energy Development Fund for modern coal-powered generators the government has convinced the $100 billion Asia Infrastructure Investment Bank to lend for coal-fired electricity generation in Asia. Senator Canavan, the Minister for Northern Australia, yesterday suggested the government help fund a coal-fired power station in the Galilee Basin in Queensland……
“We back clean-coal options in the north and I want to make clear that we will back investment in clean coal through our $5bn Northern Australia Infrastructure Facility. We set up that facility to build infrastructure in the north, to build specific infrastructure like power stations,” Senator Canavan said….
The minister said Mr Turnbull had announced that the “Australian government would look at encouraging the development of a clean coal-fired power station in Australia”. “This will be a clear difference between us and the Labor Party. We support coal…….. http://www.theaustralian.com.au/business/mining-energy/turnbull-taskforce-to-push-coalfired-power-for-north/news-story/e15cbb9f03c1922f909780ccbffd41cb
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