Nationals guarantee that Coalition can lower power prices ‘in the short term’ met with skepticism
Energy expert Tony Wood says there is no evidence to support the policy pledgeFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Nationals leader, David Littleproud, has declared energy prices will be cheaper under a first-term Coalition government that plans to increase gas supply, without providing modelling and acknowledging significant “capacity constraints”.The Coalition has announced it will fast-track the approval of Woodside’s North-West Shelf gas project and offer subsidies to existing gas plants. Unspecified red tape will be removed and the “national interest” test in the environmental approval process would also be amended to give greater weight to economic and social benefits.Sign up for Guardian Australia’s breaking news email Continue reading...
Energy expert Tony Wood says there is no evidence to support the policy pledge
- Follow our Australia news live blog for latest updates
- Get our breaking news email, free app or daily news podcast
The Nationals leader, David Littleproud, has declared energy prices will be cheaper under a first-term Coalition government that plans to increase gas supply, without providing modelling and acknowledging significant “capacity constraints”.
The Coalition has announced it will fast-track the approval of Woodside’s North-West Shelf gas project and offer subsidies to existing gas plants. Unspecified red tape will be removed and the “national interest” test in the environmental approval process would also be amended to give greater weight to economic and social benefits.
Sign up for Guardian Australia’s breaking news email Continue reading...
