Michael Kellett, Pimlico
It seems the hypocrisy of ‘our’ Federal Minister for Energy and Emissions Reduction Targets, Angus Taylor (the irony), has just reached another level.
The ever-conspiring Angus is now diverting public funds from the Clean Energy Fund into a $4 million feasibility study into building a new coal-fired power station at Collinsville in Queensland.
In a highly suspect move, a relatively unknown company called Shine Energy – which has never undertaken a single energy project – was asked by the Federal government to apply for the grant, just two days after the funding was announced.
Even more intriguing was a statement from Queensland Liberal-National party (LNP) shadow Energy spokesman, Michael Hart stating, ‘the LNP would not support any government investment in the controversial coal-fired project’. He went on to say that the state already had ‘plenty of power’. This is a U-turn on their previous policy.
The Queensland government’s most recent analysis showed that any new coal-fired power station would require a wholesale price of $120 per megawatt hour, which is double the current wholesale price in Queensland, opposite to Angus’s cheaper power push.
It’s becoming quite obvious that the marketplace is now deciding the fate of thermal coal, and recalcitrant governments like Morrison’s mad mob are now struggling to stop the transition to cheaper, cleaner renewables.