Emissions Reduction Fund review considers opening the scheme to coal-fired power stations

The federal fund set up to fight climate change and reduce Australia's carbon emissions could be used to help extend the life of coal-fired power stations — an idea labelled "insane" by one expert.

The owners of Vales Point power station applied
for ERF funding to replace turbine blades.

The independent committee overseeing the Emissions Reduction Fund (ERF) is considering the idea as part of a review into the Federal Government program.

The ERF helps pay for projects, including tree planting and installing energy-efficient appliances, to help Australia meet its global reduction targets.

As part of the review, the independent Emissions Reduction Assurance Committee (ERAC) is considering whether changes are needed to how projects are assessed and which qualify for taxpayer-funded carbon credits — the assessment style is called 'the facilities method’.

Read the ABC News story by Penny Timms - “Emissions Reduction Fund review considers opening the scheme to coal-fired power stations.”

(“Insane” is a somewhat tame indictment of Australian government’s plan use cash from a fund set up to fight climate change to extend the life of coal-fired power stations - Robert McLean)