Liberal frontbencher casts doubt on Coalition claims renewable energy is driving up power prices

Simon Birmingham says he supports investment in renewable energy and is confident the Coalition’s nuclear power policy will not undermine the sector.Simon Birmingham says he supports investment in renewable energy and is confident the Coalition’s nuclear power policy will not undermine the sector.The shadow foreign minister and opposition leader in the Senate told Guardian Australia in a podcast interview reliance on renewables is increasing because they are becoming cheaper.

But energy analysts have told Guardian Australia that slowing the rollout of renewables and relying more heavily on gas in the 10-15 years before nuclear power could be introducedMarkets director Tristan Edis said the wholesale electricity price was set by the most expensive fuel source being used at any give time.

Power bills could rise by $1,000 a year under Coalition plan to boost gas until nuclear is ready, analysts sayBirmingham confirmed that he supported investment in large-scale renewable energy projects and said he was confident the Coalition’s nuclear energy policy would not undermine investment in that sector.

Birmingham defended the nuclear power policy and said Labor’s plan to reach net zero involved an “imaginary promise” that it could get there without a clean, baseload power source as part of the transition.Our Australian morning briefing breaks down the key stories of the day, telling you what’s happening and why it mattersBirmingham backed “appropriate” emissions reduction targets at “five-yearly intervals” but said modelling them was better done in government.

Peter Dutton’s flimsy charade is first and foremost a gas plan not a nuclear power plan | Simon Holmes à CourtHe said the controversial nuclear power policy made the Coalition a “big target” politically but argued that starting a major national debate could help lift its primary vote and peel support from independents.

Source: Energy Industry News (energyindustrynews.net)

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sport fans want gambling ads reined in. Politicians should listenA gradual and transparent approach to freeing sporting bodies from reliance on gambling advertising makes sense.
Source: theage - 🏆 8. / 77 Read more »

Israel war cabinet minister Benny Gantz resigns from Benjamin Netanyahu's governmentIsraeli minister Benny Gantz has resigned from Benjamin Netanyahu's emergency government, increasing Netanyahu's reliance on far-right coalition partners.
Source: SBSNews - 🏆 3. / 89 Read more »

Josh Frydenberg's short-lived political comeback points to long-term Liberal Party problemYou don't have to look very far to find Messiah complexes in politics. Nowhere has that been more on show of late than the 30-hour Josh for Canberra campaign.
Source: abcnews - 🏆 5. / 83 Read more »

‘We went in to bat for Aussies’: Treasurer lauds minimum wage rise, blasts CoalitionTreasurer Jim Chalmers has hailed the Fair Work Commission's move to raise the minimum wage, saying it is a win for low-income workers and women.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Allowing Josh Frydenberg to recontest Kooyong a ‘crazy’ idea, Liberal senator saysJane Hume is against opening preselection for former treasurer while Karen Andrews argues he would be ‘absolute asset’
Source: GuardianAus - 🏆 1. / 98 Read more »

Josh Frydenberg says he won't try to snatch Kooyong pre-selection from Liberal womanFormer treasurer Josh Frydenberg has shut down suggestions of a potential bid to reclaim his old federal seat of Kooyong, which would have required squeezing out the woman who had already won pre-selection for it.
Source: abcnews - 🏆 5. / 83 Read more »