Antinuclear

NEG appears to be the most ill-considered, poorly detailed and potentially useless policy that anyone can remember, and a disaster for renewable energy, climate targets and consumer prices. It appears to be the work of Australia’s so-called “energy mafia”, hungry to retain power of incumbent oligopoly.

Amongst all the sound and fury regarding the Government’s energy plan there is a central question going unanswered – what is the level of emissions reduction being proposed by the Government? And at what cost?

The runway to strong emission reductions at an affordable price is at risk of being thrown away under the Coaliton’s new policy, which could require retailers to buy the output from its own expensive Snowy Hydro project. The energy mafia would approve.

States stunned by lack of detail in new energy policy. In a testy phone hook-up they were told all the government had was a press release and an eight-page letter.