Coalition’s $600m ‘gas-fired recovery’ boost: what you need to know

Morrison government says it will provide cheap energy but experts say renewables are already providing cheaper, cleaner alternatives. So who's right?

The Morrison government says it will spend up to $600m on a new gas-fired power plant in New South Wales - the latest in a series of announcements dedicating taxpayers funds to greater fossil fuel use.

Meanwhile, the International Energy Agency has released a landmark report saying there should be no new investments in coal, oil or gas if the world is to keep open a narrow possibility of meeting the goals of the Paris climate agreement and reaching net zero global greenhouse gas emissions by 2050. It has laid out a pathway that could get the world there.