20 February, 2017

Green bank could fund coal under Malcolm Turnbull rule changes

Coal-fired power stations could be eligible for funding from Australia's $10 billion green bank under changes being considered by the Turnbull government. 
Energy Minister Josh Frydenberg, pictured
 with Prime Minister Malcolm Turnbull. 

In what would represent a significant weakening of the country's environmental financing rules, Energy Minister Josh Frydenberg confirmed the government is considering issuing a new ministerial directive to the Clean Energy Finance Corporation to put investment in so-called "clean coal" on the table.

Read Adam Gartrell’s story in today’s Melbourne Age - “Green bank could fund coal under Malcolm Turnbull rule changes.”


(Good sense, shirt-fronted by duplicity, dishonesty, and ideological-driven political intent, has staggered away beaten for the moment by the “responsible men” who, through the endorsement of coal, have committed Australia, and the world, to even worse climatic disruptions - Robert McLean.)

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