Government's energy plan to reserve on-demand power and abolish subsidies for renewables

The Federal government has released the final piece of the energy policy puzzle, touting its new plan as a chance for Australia to break free from climate wars of the past. Coalition M-Ps were briefed on the scheme in Canberra on Tuesday , following cabinet's decision to reject a clean energy target as recommended by Chief Scientist Alan Finkel. Instead, the Coalition party room backed an idea from the new independent Energy Security Board.

Prime Minister Malcolm Turnbull speaks to the media during a press conference at Parliament House in Canberra, Tuesday, October 17, 2017. Source: AAP (AAP Image/Mick Tsikas)

Image: Energy Minister Josh Frydenberg and PM Malcolm Turnbull in Parliament in Canberra (AAP)