Antinuclear

Australian news, and some related international items

Federal energy and emissions reduction minister Angus Taylor wants to include dirty energy in Clean Energy Finance Corporation

Renew Economy 18th Feb 2021, The Morrison government is set for a fight from within over proposed changes to the Clean Energy Finance Corporation, with a growing number of
Nationals looking to lift restrictions on investments in unproven fossil fuel technologies and nuclear energy projects.

Federal energy and emissions reduction minister Angus Taylor has introduced legislation to establish a new $1 billion Grid Reliability Fund to be administered by the Clean Energy
Finance Corporation, that the government wants to use to underwrite new gas and storage projects, which would require re-defining gas as a ‘low emissions technology’.

The Clean Energy Finance Corporation is restricted to only investing in ‘low emissions technologies’, and is explicitly prohibited from investing in nuclear energy technologies and carbon capture and storage projects.

https://reneweconomy.com.au/nationals-push-nuclear-in-new-attempt-to-highjack-cefc-changes/

February 20, 2021 - Posted by | AUSTRALIA - NATIONAL, climate change - global warming

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