General GNX News, page-226

ASX clean techs are cautiously upbeat about our new anti-wind energy minister

https://unauthorised investment adv...pbeat about our new anti-wind energy minister

At Queensland solar, wind and pumped hydro generator Genex (ASX:GNX)they’re pretty pleased with the changes.
“Our understanding is that the clear focus of the government is energy reliability and that focus hasn’t changed,” says director Simon Kidston.
“The government has recognised that solar energy and energy is intermittent energy… so any system or generator that can be turned on by a switch, which includes gas, coal, pumped hydro, is aligned with their views on energy.”
But that doesn’t mean they’d not prefer a few quiet years in energy from the federal government.
“The movement towards a decarbonised economy is unstoppable,” he said. “That said, any stability would be very much appreciated.”
My Taylor has been enthusiastic about the Snowy 2.0 pumped hydro scheme, and his mother’s father was the chief engineer of the original Snowy Hydro.