• Hannah Phillips

The Battle over Coal Fired Power Heats up

Last Monday AGL announced that it had rejected Alinta’s bid to purchase the Liddell power station for $250 million.

The Monash Group of Coalition backbenchers demanded that the government compulsorily acquire the power station and then sell it on to Alinta.

This course of action was rejected by the Prime Minister and Energy Minister Josh Frydenberg however, on Tuesday May 22, the Minister left open the possibility that the Australian Competition and Consumer Commission could examine whether AGL is trying to ramp the energy market and whether moribund power stations should be compulsorily sold.

The Monash group raised the issue of the compulsory acquisition of Liddell in the party room but they were unsuccessful in trying to get a change in the government’s policy position.

Given the sensitivities surrounding the National Energy Guarantee at the present time it’s unlikely that either Malcolm Turnbull or Josh Frydenberg will want to frighten the horses.

Want to know more? Subscribe to Inside Canberra - http://insidecanberra.com

4 views0 comments

Recent Posts

See All

What’s Behind the Victorian Recovery Roadmap

Medical authorities have praised the Andrews government’s recovery roadmap but the business has slammed it as an over-reaction. The Prime Minister has said that he hoped the Andrews’ plan is the worst

Premiers Prefer To Stay Under the Doona

At last Friday’s National Cabinet meeting Scott Morrison put forward a perfectly reasonable plan to re-open the national economy based on isolating hot spots but the premiers preferred to stay under t

Parliament Resumes

Parliament resumed on Monday under novel circumstances. Some members participated by way of video link, while others from Victoria had to spend two weeks in quarantine in order to attend parliament. T