How Malcolm Turnbull could ignore the facts and fund the myth of 'clean' coal

The Coalition could use the Clean Energy Finance Corporation to finance new coal power stations but it wouldn't be cheaper than renewables

Just a few months ago, the idea that a new coal power station would ever be built in Australia seemed laughable. Banks, energy companies and even the Turnbull government seemed to accept the inevitable decline of the coal industry.

But, since then, the Turnbull government has been furiously talking up the idea of "clean" coal. And while no bank is likely to finance the building of a new coal-fired power station here, Turnbull and his ministers have been indicating the government might themselves fund them.