Article 2R66Q Coalition votes to allow Clean Energy Finance Corporation to invest in carbon capture

Coalition votes to allow Clean Energy Finance Corporation to invest in carbon capture

by
Katharine Murphy Political editor
from on (#2R66Q)

Josh Frydenberg says proposed change will demonstrate Turnbull government's 'non-ideological approach' to energy policy

The Turnbull government will move to overhaul the rules governing the Clean Energy Finance Corporation (CEFC) to allow the so-called "green" bank to invest in carbon capture and storage technology.

After telegraphing its intention to overhaul the CEFC's rules for some months, the government on Tuesday secured party room support for the change.

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