The Morrison government will invest $1.9 billion towards emerging energy technologies in order to reduce emissions and create jobs. Australia’s renewable energy agency will receive a $1.6 billion dollar boost to support the next generation of technologies including carbon capture and storage, and the development of hydrogen.
It comes after the Prime Minister laid out an ambitious plan for a gas-led recovery out of the COVID-19 recession, issuing a strong ultimatum to the energy sector. Mr Morrison demanded electricity generators provide a plan before April 2021 to fill a looming shortfall in dispatchable power due to the closure of the Liddell coal powerplant in the Hunter Valley.
ScottMorrisonMP a distraction....
ScottMorrisonMP Hey... Sky you noticed Scott announced something. Can you report on what he has actually achieved in 2020? Don't mention... 🔹Bushfire response 🔹Going to footy 🔹Hillsong church 🔹Hawaii 🔹Parliament sitting (lack of) 🔹Age care 🔹Job keeper 🔹Sports Rorts I know of those.
ScottMorrisonMP More distraction news. If the wanker wanted to do something worth while ? Roll out solar panel farms and storage units so people can get free electricity- but that will never happen cos Politicians do as they're told by big multinationals & get a tax pittence kickback
ScottMorrisonMP Doesn't gas generate emissions like coal?
ScottMorrisonMP another nothing announcement, can we have substance and genuine politicians to get jobs moving, not this globalist PM who serves MANY other nations jobs and industry.
ScottMorrisonMP Another hollow announcement by ScottyFromMarketing
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Renewable energy agencies to be allowed to invest in low emissions technologyAustralia's two renewable energy agencies will be allowed to invest in low emissions technologies under new legislation set to be introduced by the Federal Government. Nuclear? Someone invest in reliable energy and I’ll sign up. Have you given the News Director's wife another show of her own like you did with the Childers special. I was at Childers for the ABC. She was there barely 36 hours. Hardly an expert.
Source: abcnews - 🏆 5. / 83 Read more »
Dispatchable power 'not subject to the weather' creates more market stability: Morrison | Sky News AustraliaPrime Minister Scott Morrison says he understands businesses need a reliable energy grid in the wake of the coronavirus, highlighting the importance of a dispatchable power supply over energy sources that rely on the weather.\n\n“With a more reliable grid, with dispatchable power that isn’t subject to the weather, then that, of course, creates greater stability and businesses need stability to operate,” he said.\n\nThe Prime Minister said “having a more efficient cost base for all Australian businesses is how you create jobs,” and he flagged energy as a key resource which he was seeking to make more cost-effective.\n\n“We have to have ways of getting that down at a sustainable and consistent level”. \n\nEnergy Minister Angus Taylor said the government’s $200 million energy package would help the nation to shift towards a grid run on dispatchable energy to avoid enforced load shedding for energy-intensive industries.\n\nHe spruiked the Snowy Hydro expansion as a key new source of dispatchable power.\n\nImage: News Corp Australia ScottMorrisonMP I sit to the right, but this is completely unacceptable... ScottMorrisonMP And businesses, pensioners & Aussies need cheap, reliable power.
Source: SkyNewsAust - 🏆 7. / 78 Read more »