Malcolm Turnbull leaves open alternative to clean energy target after internal criticism
by Katharine Murphy Political editor from on (#2TDXC)
Prime minister says he will restrict gas exports and ask Aemo for advice on 'optimising affordability for consumers'
The Turnbull government has moved to hose down intensifying internal concerns about rising power prices by confirming its intention to restrict gas exports, and by opening the way for an alternative to the clean energy target proposed by Australia's chief scientist.
The prime minister confirmed on Tuesday the government would proceed with its previously telegraphed export controls forcing gas companies to supply the domestic market and would also unilaterally abolish limited merits review - a controversial legal mechanism that contributes to high power prices.
Continue reading...