Turnbull to consider new Coal power in Australia (ten years too late)

Last week only fringe loonies who were clinging to a dead technology were calling for a coal revival (mock mock mock). But now that the ACCC has spent months investigating and 400 pages reporting, they discovered that Tony Abbott and Craig Kelly and the Monash group were, hey, all right all along.

This is Turnbulls get-out-of-jail card, if he used it as an excuse to be sensible. He has in the past taken those cards and set fire to them. In a best case, he might, with arm twisted, “build new coal” sometime in the far distant future, but whatever he does he won’t do anything other than minor hand waving about the Crony Green-Theft runaway train profits.

Turnbull weighs coal fix for energy wars

Simon Benson and Ben Packham, The Australian

A proposal for the federal government to financially guarantee the construction and operation of new dispatchable power generation, which could include clean coal-fired plants, is expected to be taken to cabinet with the backing of the Prime Minister.

Malcolm Turnbull yesterday confirmed he would seriously consider the key recommendation of a report by the competition watchdog to underwrite and potentially subsidise new […]