Published: March 13, 2019
Trevor St Baker says deputy governor’s speech warning of risks to Australia’s economy is ‘totally inappropriate’
The coal baron and Liberal National party donor Trevor St Baker has blasted the Reserve Bank deputy governor, Guy Debelle, for sounding the alarm on climate change, branding a significant speech on Tuesday warning of risks to Australia’s financial stability “totally inappropriate”.
The politically connected founder of the business electricity retailer ERM Power, who has approached the Morrison government to underwrite new coal developments in Victoria and New South Wales, including a high-efficiency plant on the site of the AGL-owned Liddell power station, told the ABC on Wednesday Debelle’s intervention was out of order.
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