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Turnbull puts his energy plan to voters

Prime Minister Malcolm Turnbull has released details of his new energy policy on social media after receiving approval from the coalition party room.

WHAT MALCOLM TURNBULL HAS REVEALED ABOUT HIS NEW ENERGY POLICY:

* The Energy Security Board has recommended a way to deliver lower power prices and more reliable supply.

* The policy will help Australia meet its international commitments to reducing carbon emissions.

* Energy companies will have to guarantee the reliability of their supplies and how they will help meet emissions reduction targets.

* The approach is technology neutral and has no subsides, certificates or tax.

* The Energy Security Board says the scheme will give certainty to investors and therefore encourage investment.

* Power bills will be lower than forecast and lower than under a clean energy target.

* The government will work through the scheme with state governments.


1 min read

Published

Source: AAP



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