'Orwellian': Coalition accused of planning to open green bank to fossil fuel investments

Angus Taylor introduces bill to give Clean Energy Finance Corporation $1bn for ‘grid reliability fund’

The Morrison government has been accused of planning to open up the taxpayer-owned green bank to fossil fuels investments through a change that explicitly defines gas-fired power as a “low-emissions technology”.

The energy and emissions reduction minister, Angus Taylor, introduced legislation to parliament on Thursday that would give the Clean Energy Finance Corporation an additional $1bn funding for a “grid reliability fund”.

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from The Guardian https://ift.tt/3jdYAiu
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