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December 2, 2018

Australian Energy Industry and Politics

Australian Energy Industry And Politics

Australian Energy Industry and Politics

Recent news, articles and interviews published across different media on Politics in Australian Energy Industry,

As quoted from The Guardian published on 1 Dec 2018 with the headline, “Scott Morrison is fighting the 2007 election again. It can only backfire.” –

As claimed quoted in the article, “2007 was also an election that featured climate change – indeed, it was an issue that severely wounded the government, as under Howard the Liberal party was lost in a haze of denialism and wilfully ignorant intransigence. Once again climate change politics is back in a big way. The extreme temperatures and early start to the bushfire season have placed the LNP’s policy shambles on the issue in the spotlight.”

Click here to read the article Scott Morrison is fighting the 2007 election again. It can only backfire.

Here on 29th Nov 2018 Clean Technica published on their article, “Australian State Election Portends National Boost To Renewable Energy Sector.”

As mentioned in the article, The Victorian Labor Party was re-elected to power in the State’s Saturday election this past weekend in a victory that is being described as “stunning,” “a landslide,” and a “bloodbath.” In fact, the Labor Party will return to power with more seats than have been held in over 15 years, delivering the party a strong mandate that includes important policies on climate change and renewable energy.

National Labor Party leader Bill Shorten unveiled his party’s “Plan for More Renewable Energy and Cheaper Power” on the Thursday before the election, promising policies which he hopes will drive increased investment in new renewable energy generation and storage, and help to transform the country’s energy supply systems — in turn, delivering more renewable energy and cheaper power for the country’s residents. In addition to a party promise of implementing a 50% renewable energy by 2030 target, the Labor Party set out three headline promises:

Doubling the original investment in the Clean Energy Finance Corporation

Creating an Independent Energy Security and Modernisation Fund

Implement a new Energy Productivity Agenda

More specifically, Labor has promised to provide an additional $10 billion in capital to the Clean Energy Finance Corporation over five years which will be used to support large-scale generation and storage projects; support the Labor Party’s Household Battery Program by providing concessional loans for the purchase of solar and battery systems; and boost investment in energy efficiency projects, commercial and community renewable energy projects, and industrial transformation.”

Click here to read the full article State Election Portends National Boost To Renewable Energy Sector

The ABC News on 23rd Nov 2018 published,” Crossbench joins Julie Bishop and Labor in renewed push for energy agreement”,

Crossbenchers are demanding action on energy following the Government’s decision to abandon its signature policy, the National Energy Guarantee (NEG).

Key points:

The Liberal Party dumped its energy policy prior to the leadership spill

Labor has adopted the policy and Liberal MP Julie Bishop still supports it

Impatient crossbenchers want action, as well as support for renewables

However they are wary over the role of renewable energy in any potential compromise.

Liberal MP Julie Bishop, the party’s former deputy leader, announced on Tuesday that she wanted her party to revive the NEG.

Centre Alliance MP Rebekha Sharkie echoed those calls and urged the Government to find an agreement with Labor, saying the industry needed a bipartisan policy for investment certainty.

To read more click here Crossbench joins Julie Bishop and Labor in renewed push for energy agreement

The ABC News on 22nd Nov 2018 published “Power bill pressures vs emissions vs reliability: Behind the new election battleground”,

Power bills are too high. You know it and so, now, do the politicians.

In the past decade, people are paying one third more than they used to in order to keep the lights on.

But even if bills did get cheaper, paying for energy is useless if the power goes down or climate change makes Australia inhospitable.

That’s the conundrum facing politicians today, and so far they have been unable to do much about it.

Price versus emissions versus reliability.

Click here to read more Power bill pressures vs emissions vs reliability: Behind the new election battleground”

It’s brought down prime ministers, and now it’s set to be at the heart of the 2019 election.

The Sydney Morning Herald on 11th Oct 2018 published, ‘Politics making it hard for politicians to do right thing: energy chief’, where it says,

Energy industry chiefs have hit out at changing government rules, saying they have helped create domestic gas shortages and the potential need to import gas, but argue further intervention in the sector will not help.

Speaking at the AFR National Energy Summit on Thursday, EnergyAustralia’s chief executive Catherine Tanna said changing guidelines from the government had created instability across the whole sector.

“Calls for stability are becoming background noise, too easily brushed aside in a populist energy debate,” Ms Tanna said.

Click here to read more ‘Politics making it hard for politicians to do right thing: energy chief’

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