Energy Minister Josh Frydenberg aims to have coal mining subsidised by Clean Energy Finance Corporation
Josh Frydenberg flags changes to allow CEFC to invest in carbon capture and storage, ABC News, AM By Eliza Borrello, 20 Feb 17, Federal Energy Minister Josh Frydenberg has revealed the Government is considering lifting a ban on allowing the Clean Energy Finance Corporation (CEFC) to invest in carbon capture and storage……At the moment the CEFC, the Government’s green bank, is not allowed to invest in it.
But amid the Coalition’s renewed support for coal-fired power, Mr Frydenberg said that could change…..
Shadow Energy Minister Mark Butler said it would require the kind of legislation Labor would strongly oppose. “This would be an outrageous act of vandalism against a successful financing mechanism for renewable energy, for energy efficiency projects and for genuine low-carbon technology,” he said.”It’s no real surprise, I guess, because the Liberal Party has never really supported the CEFC. “It tried to abolish it for three years and now seems committed to making it a finance mechanism for the coal industry, which is unable to attract finance from the private sector.”
Government interested in low-emission coal-fired plants Mr Frydenberg said he was also interested in investment in high-efficiency, low-emission coal-fired plants.
Currently they are not green enough for the CEFC to invest in, but Mr Frydenberg has flagged changing the rules. “The Government could issue a new mandate to the CEFC which would then inform its guidelines and would make possible an investment in a high-efficiency low-emission power plant,” he said……
But Mr Butler said the market was not interested in the kind of plants Mr Frydenberg was suggesting.
“It doesn’t reflect the reality in the electricity industry. No-one in the industry is talking about the reality of building new coal-fired power stations,” he said. http://www.abc.net.au/news/2017-02-20/government-interested-in-carbon-capture-tech-frydenberg-says/8284682
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PETITION – Stop Nuclear Submarines for Australia
GO to https://www.foe.org.au/nonuclearsubs?fbclid=IwAR3JuFtAviP_kTDb5YX3lxHDZymQu86RWp9eW4zUWb9GV966nha3VeyFvCU The Morrison government’s decision to build nuclear submarines has shocked communities around the country.
The move, which occurred without any community consultation, undermines Australia’s nuclear-free status and will generate radioactive waste for decades.
The Prime Minister must reverse the decision to build nuclear-powered submarines and commit to keeping Australia’s military nuclear free.
global pandemic, both locally and throughout our region and on urgent action to deal with the climate crisis.
Read more about the background of this nuclear submarine proposal and why this radical shift in military capability is the wrong decision for those who care about environmental and social justice.
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For updates: see Adelaide group Don’t Dump on SA https://www.facebook.com/dontdumponsa
No Radioactive Waste Facility for Kimba District https://www.facebook.com/noradwastekimba
For international nuclear news go to https://nuclear-news.net
Appeal for Australian Government’s Actions on Japan’s Dumping Nuclear Wastewater into Sea
Submissions to the Senate Committee Inquiry into National Radioactive Management Amendment Bill. 2020. Go to our summaries of significant submissions, conveniently listed in alphabetical order at Kimba waste dump submissions or see all submissions listed at Read the Submissions
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Submissions to the Senate Committee Inquiry into National Radioactive Management Amendment Bill. 2020. Go to our summaries of significant submissions, conveniently listed in alphabetical order at Kimba waste dump submissions or see all submissions listed at Read the Submissions
Antinuclear 
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