Article 18021 The good, the bad and the shell game – what Turnbull's clean energy shift means

The good, the bad and the shell game – what Turnbull's clean energy shift means

by
Lenore Taylor Political editor
from Environment | The Guardian on (#18021)

Australian Renewable Energy Agency will be 'retained' in name only after Coalition's announcement on emerging technologies

Malcolm Turnbull's clean energy investment announcement is part good news, part bad news, part ideological shift and part shell game.

The good news is the Clean Energy Finance Corporation is safe. The $10bn CEFC was derided by the former prime minister Tony Abbott as "Bob Brown's bank" and was so despised by the Abbott government that trying to stop its lending was one of the Coalition's first acts after it was elected in 2013.

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