Energy minister delivers warning to party conservatives and resources sector ahead of Finkel review,which is expected to recommend implementing a low emissions target The energy minister, Josh Frydenberg, or has warned internal and external critics that the Turnbull government’s policy has to change,because doing nothing will drive up power prices – as Australia’s resources sector fired the first public warning shot against a new low emissions target.
With the Finkel review expected on Friday to recommend the Turnbull government consider implementing a low emissions target (LET) to deliver a concrete sign to the market to drive new investment in power generation, Frydenberg on Monday delivered a blunt public warning that the status quo was not an option. Related: It's way past time to speak truth to climate arguments this silly | Lenore Taylor Related: Climate Change Authority tells government to adopt emissions intensity trading scheme Continue reading...
Source: theguardian.com