Antinuclear

Australian news, and some related international items

Dr Finkel says that clean energy target will benefit households and businesses

Finkel review: Households, businesses better off long-term with clean energy target, chief scientist says http://www.abc.net.au/news/2017-06-09/finkel-report-households-better-off-under-clean-energy-target/8605734  By political reporter Louise Yaxley, 9 June 17, Chief scientist Alan Finkel says households would be about $90-a-year better off under a clean energy target.

The target is a key recommendation in the report Dr Finkel handed to the Prime Minister and state and territory leaders today.

It is aimed at helping Australia reduce its greenhouse emissions while keeping power prices down.

Dr Finkel said his plan would mean households would be 10 per cent better off over 30 years, and heavy industrial power users would be 20 per cent better off.

The nation’s energy ministers will now consider the plan and report in August on the detail of the recommendations.

Opposition Leader Bill Shorten said he wanted to take a bi-partisan approach to adopting Dr Finkel’s recommendations.

“We are prepared to push the national interest — and even compromise on some of the gold-standard changes we think need to be made, just so we can stop arguing about climate change, and ensure investor certainty,” Mr Shorten said.

But Greens climate and energy spokesman Adam Bandt said the Finkel report was too weak and would mean “consumers subsidise gas and let coal keep polluting”.

“Right now, big coal and gas are licking their lips,” he said.

“The Finkel Report is full of good ideas, but the key proposal of a clean energy target is far worse than the version John Howard announced in 2007,” Mr Bandt said.

He attacked Labor for the backing it has given to the Finkel recommendations so far.

“Bill Shorten and Labor cannot end the ‘climate wars’ by running up the white flag and blindly signing up to a deal with the Liberals,” Mr Bandt said.

The Finkel document could break a decade-long impasse on climate change policy, but some within the Federal Coalition have expressed concern about adopting it.

Former PM Tony Abbott and Deputy PM Barnaby Joyce have both made their support conditional on the Finkel report making it possible for new coal-fired power stations to be built.

Mr Turnbull said the report contained no barrier to building a coal-fired power station.

Dr Finkel said the scheme was designed to give the biggest incentives to renewable energy like wind and reduced incentives for gas.

He said there would be no incentive to build a coal-fired power station — but nothing in his plan would prohibit their construction.

Advertisements

June 10, 2017 - Posted by | AUSTRALIA - NATIONAL, energy

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: