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Australia: clean energy fund could underwrite new, cleaner coal plants
Published Sun, Feb 19, 2017 · 09:50 PM
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Sydney
AUSTRALIA is considering altering legislation to enable funds slated for clean energy developments to be used to bankroll construction of new low emission, coal-fired power plants.
The suggestion by Energy Minister Josh Frydenberg comes after a major power outage during a heat wave in South Australia state worsened a row with the national government over energy security and the state's heavy reliance on wind and solar power.
Mr Frydenberg said current laws governing the Clean Energy Finance Corporation (CEFC) prevented it …
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