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Federal Policy Shift Threatens Coal Generators with Direct Carbon Costs as Push Mounts to Strip Sectoral Safeguard Exemption
Renewable advocates say the change would push operators to stick to closure plans, while utilities warn it could raise prices and threaten reliability.
Summary by IBTimes Australia
5 Articles
5 Articles
Sydney Morning Herald+3 Reposted by 3 other sources
Power struggle: The push for Australia’s coal plants to pay to pollute
A new fight has erupted over a push for coal-fired power plants to face tougher pollution laws to ensure they do not stay open beyond current closure dates.
·North Sydney, Australia
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Federal Policy Shift Threatens Coal Generators with Direct Carbon Costs as Push Mounts to Strip Sectoral Safeguard Exemption
Climate advocates and investors are urging Australia to remove electricity generation's Safeguard Mechanism exemption, potentially imposing carbon costs on coal plants and reshaping power-market economics.
·New York, United States
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Total News Sources5
Leaning Left3Leaning Right0Center1Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
C 25%
Factuality
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