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COAG energy ministers agreed today (Fri 24 Nov) to commission more design work on the Turnbull government’s proposed National Energy Guarantee, forcing the renewable energy industries in Australia into a new era of policy uncertainty.
The decision was expected, given that Queensland could not vote due to its state election tomorrow, the Liberal governments in NSW and Tasmania would always support it, and Victoria earlier this week declared itself open to finding out more about the plan.
This left South Australia and the ACT in the minority in their opposition to the NEG – or, as federal energy minister Josh Frydenberg put it in a press conference in Hobart this afternoon, they “they had their say today, and they lost.”
The federal government was forced to abandon its original tactic of asking the states to actually approve of the NEG, instead merely seeking consensus on doing further work.… Read more >>