The government has unveiled a $1.9 billion package of investments in new and emerging energy and emission-reducing technologies, and reinforced its message that it is time to move on from assisting now commercially-viable renewables.
The package will be controversial, given its planned broadening of the remit of the government’s clean energy investment vehicles, currently focused on renewables, and the attention given to carbon capture and storage, which has many critics.
The latest announcement follows the “gas-fired recovery” energy plan earlier this week, which included the threat the government would build its own gas-fired power station if the electricity sector failed to fill the gap left by the scheduled closure of the coal-fired Liddell power plant in 2023.
Morrison government threatens to use Snowy Hydro to build gas generator, as it outlines ‘gas-fired recovery’ plan
Unveiling the latest policy, Scott Morrison said solar panels and wind farms were commercially