The federal government has announced plans to underwrite projects for power generation, examing the business case of 12 energy projects - one coal, five gas and six hydro.
The Prime Minister also announced a $10 million feasibility study into ways to meet the energy needs of heavy industry in north and central Queensland, including a project in Collinsville, which is home to the state's oldest coal mine. Nationals MP Barnaby Joyce has assumed a coal project will get the go-ahead, declaring the announcement a win.
AlanJMitchell_ This is madness
As the old saying goes 'SHOW ME THE MONEY' this will never happen unless the Govt throws a lot of money at it! No one else will loan money to build an out of date power station!
yes, YES YEEESSSS!
Good on you Ashley Dodd! About time some real development ideas for the North! Good luck with the Greens & ALP! BillShortenmp will block it for sure!
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Coalition considers new Queensland coal-fired power station | Sky News AustraliaThe federal government has announced plans to underwrite projects for power generation, examing the business case of 12 energy projects - one coal, five gas and six hydro. \n\nThe Prime Minister also announced a $10 million feasibility study into ways to meet the energy needs of heavy industry in north and central Queensland, including a project in Collinsville, which is home to the state's oldest coal mine.\n\nNationals MP Barnaby Joyce has assumed a coal project will get the go-ahead, declaring the announcement a win.\n\n\n\n\n Hallelujah. The only way we’re ever going to get cheap reliable power. Finally a little bit of sense. While you are building some coal fired power stations lets get the nuclear power industry under way with some urgency. Let's see if they follow through. AFTER the election.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
NSW coal plant upgrade shortlisted for government funding | Sky News AustraliaPrime Minister Scott Morrison has announced the government is considering underwriting the upgrade of a coal-fired power plant at Lake Macquarie in NSW.\n\nThe government has considered expressions of interest from 66 energy projects and shortlisted 12 proposals for potential underwriting.\n\nThe proposals include five gas projects, six pumped hydro projects, and the Lake Maquarie coal plant.\n\n\n\n\n TroyBramston I bet they would if they stop all subsidies on renewables TroyBramston Australians sell ungodly amounts of coal to China and India (as your own people struggle) because Australia doesn’t give a f*** about their kids’ planet? Why help China and India and screw your own people? TroyBramston We already know that. Mostly because the banks have been bullied into not lending them the money. Is that not why the government need to get involved?
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Govt's coal feasibility study ‘not about politics’: Energy Minister | Sky News AustraliaEnergy Minister Angus Taylor has denied the government’s feasibility study into a proposal to build a new coal-fired power station in Queensland is a political fix for the state’s voters, despite the announcement being made so close to the federal election.\n\nThe $10 million study will look into ways to meet the energy needs of heavy industry in north and central Queensland, including a project in Collinsville, which is home to the state's oldest coal mine.\n\nMr Taylor says the announcement is ‘not about politics’, and is instead a ‘practical’ solution to protect the jobs of ‘hard-working blue-collar workers in Queensland’.\n\n\n\n\n
Source: SkyNewsAust - 🏆 7. / 78 Read more »