Government could support new coal power 'where it stacks up' – Morrison

The Morrison government has held out the prospect of government support for new coal-fired power stations “where they meet all the requirements” of yet-to-be determined mechanisms to boost investment in new electricity generation.

Energy minister Angus Taylor and PM Scott Morrison announced
 plan to boost investment in power generation

Scott Morrison and the energy minister, Angus Taylor, on Tuesday flagged a range of policy interventions to boost investment in new “reliable” power generation, including providing a floor price, contracts for difference, cap and floor contracts and government loans.

Morrison has dumped the emissions reduction target for the electricity sector set by the national energy guarantee, and on Tuesday flagged possible new coal investment, but the prime minister continued to claim Australia would meet its commitments under the Paris climate agreement.

Read the story from The Guardian by Katharine Murphy - “Government could support new coal power 'where it stacks up' – Morrison.”

(News flash for the PM - nothing about coal-fired power stations stacks up, the first concern being that the technology is environmentally unsound with coal the acknowledged villain with regard climate change and, second, even in the short-term it’s economically a poor decision, and so from even those two aspects, coal-fired power stations should be eliminated from any considerations - Robert McLean)