Malcolm Turnbull pledges more funds for Snowy Hydro 2.0 as Labor attacks 'gas crisis'
by Paul Karp from Environment | The Guardian on (#30FKX)
PM says he will put more pressure on electricity retailers to reduce prices as Bill Shorten says scheme will 'take years'
Malcolm Turnbull has announced a further $8m in federal funds for the Snowy 2.0 pumped hydro energy storage scheme and promised to put further pressure on electricity retailers to reduce prices.
At a press conference in Cooma on Monday, Turnbull revealed the Australian Renewable Energy Agency would contribute the funding towards the scheme's $29m feasibility study, to be completed by the end of the year.
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