Daily Bulletin

Business Mentor

.

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra

The Coalition is having yet another go at crafting an energy policy. Faced with the huge economic challenges presented by COVID, the government this week announced its “gas-fired recovery”.

But the policy is already under fire from both environmentalists and coal advocates, and the energy sector warns it could discourage investors.

Part of the announcement was a threat – the government will build a gas generator in the Hunter Valley if the private sector fails to fill the gap in power supply that will be created by the closure of the Liddell coal-fired power plant.

This dramatic form of intervention would seem very much against the Liberal grain.

But Energy Minister Angus Taylor says: “Our focus is on good competitive markets. That’s a Liberal Party philosophy.

"Our belief is in the importance of affordable, reliable energy - we want the private sector to deliver it. That’s their obligation to their customers, we believe. But if they don’t, we will step in.”

Despite the focus on gas, Taylor said renewables would play their role in the future. “I’ve always been enormously enthusiastic about renewables, but I also see that what we need is a mix.

"And when people talk about a single technology as the answer to all our problems, I am sceptical.

"I’m not sceptical of balance and having a range of different technologies…a balance that includes hydro, solar and wind, gas, coal, batteries starting to play a role, particularly over the very short term, to help support, secure, the market.”

Listen on Apple Podcasts Politics with Michelle Grattan: Angus Taylor on the 'gas-fired' recovery

Stitcher Listen on TuneIn

Listen on RadioPublic Politics with Michelle Grattan: Angus Taylor on the 'gas-fired' recovery

A List of Ways to Die, Lee Rosevere, from Free Music Archive.

Authors: Michelle Grattan, Professorial Fellow, University of Canberra

Read more https://theconversation.com/politics-with-michelle-grattan-angus-taylor-on-the-gas-fired-recovery-146328

Business News

Comparing Wedding Catering in Sydney vs. Buffet Catering for Your Special Day

Weddings are a joyous occasion, filled with love, celebration, and, of course, food. As couples in Sydney plan their big day, a key decision is whether to opt for traditional wedding catering or buf...

Daily Bulletin - avatar Daily Bulletin

The Most Important Steps to Take When You Want To Register a Business in Australia

Undertaking the process of registering a new business in Australia is an exciting and potentially rewarding endeavour while the spirit of entrepreneurship has become prevalent over the last few ye...

Daily Bulletin - avatar Daily Bulletin

Master Plumber, Master Painter, Master Builder… What does it Even Mean?

You’re looking around for a plumber to deal with a tricky problem. Hiring tradespeople is always a bit of a nightmare, right? Before you turn to Facebook groups to do your due diligence, there is, i...

Daily Bulletin - avatar Daily Bulletin

Tomorrow Business Growth