Coalition pledge to subsidise Australia’s most expensive form of energy makes ‘no sense’, Labor says
by Adam Morton Climate and environment editor from on (#6RGFX)
Chris Bowen questions why gas companies who already produce energy should get windfall gain under opposition's plan
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Labor says a Coalition pledge to offer subsidies to existing and new gas power plants makes no sense" and would ensure fossil fuel plants that are already in the grid receive windfall gains.
In a speech to an Australian Pipelines and Gas Association Convention in Adelaide, the opposition's climate change and energy spokesperson, Ted O'Brien, said that gas would be here to stay" under the Coalition.
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