Industry is urging Federal Parliament to salvage the National Energy Guarantee as Labor contemplates adopting the contentious policy that triggered the Turnbull government's implosion.
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| Business groups want Labor to consider adopting the national energy guarantee. |
Business groups and other stakeholders have despaired at the loss of almost a year of intense work and negotiation over the energy plan, which promised to provide investor certainty and consistent market rules after more than a decade of policy upheaval.
Senior Labor sources have confirmed the opposition is seriously considering resurrecting the National Energy Guarantee, subject to discussion with stakeholders, believing it could achieve the bipartisan support needed to broker an enduring ceasefire in Australia’s climate wars.
Read the by Nicole Hasham from The Age - “Industry calls for NEG resurrection to end 'cycle of hope and despair’."
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