LNP risks $20b for clean energy

Original article by Mark Ludlow
The Australian Financial Review – Page: 10 : 23-Nov-17

The Liberal National Party has stated it will scrap the Queensland government’s 50 per cent renewable energy target if it wins the election on 25 November. It has also promised to construct a coal-fired power station. Premier Annastacia Palaszczuk notes Queensland already has eight coal-fired power stations, while she contends that scrapping the renewable energy target will put $A20 billion worth of investment at risk. LNP leader Tim Nicholls has stated the target is not realistic, while he contends the current government has used taxpayers’ funds to subsidise large solar energy projects.

CORPORATES
LIBERAL-NATIONAL PARTY OF QUEENSLAND, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, ADANI MINING PTY LTD, RIO TINTO LIMITED – ASX RIO, AUSTRALIAN LABOR PARTY, AGL ENERGY LIMITED – ASX AGL, INFIGEN ENERGY LIMITED – ASX IFN, QUEENSLAND. DEPT OF ENERGY AND WATER SUPPLY, AUSTRALIAN BROADCASTING CORPORATION, NORTH AUSTRALIA INFRASTRUCTURE FACILITY

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