Coalition says coal subsidies still on the table despite Snowy Hydro plan

 The Coalition’s resources minister, Matt Canavan,
says subsidies for coal-fired power stations
have not been made redundant by
Malcolm Turnbull’s Snowy Hydro plan. 

Subsidies for coal-fired power stations have not been made redundant by the federal government’s plan to spend $2bn increasing the capacity of pumped hydro power storage in the Snowy Mountains, Matt Canavan has said.

The minister for resources and northern Australia told the ABC’s Insiders program on Sunday the so-called Snowy Hydro 2.0 plan would be an important addition to Australia’s energy supply but “would not make a huge difference” in northern Queensland.

Canavan also backed Nationals leader Barnaby Joyce’s call for states to follow South Australia’s plan to pay royalties as compensation to landholders for gas development.

Read Paul Karp’s story on The Guardian - “Coalition says coal subsidies still on the table despite Snowy Hydro plan.”