Plans for Chinese-backed coal-fired plant in NSW's Hunter Valley could reignite the climate wars :
Key points:
- The Coalition and Greens are at odds over plans to build a coal-fired plant in the Hunter Valley
- The planned plant would generate more energy than the nearby Liddell power station
- Chinese state-owned CEEC, which has built power plants in Pakistan, India and Indonesia, is backing the project
Coalition backbencher Craig Kelly calls the plan "fantastic" and is urging Prime Minister Scott Morrison to pour taxpayer subsidies into it.
"This is exactly what the market needs," Mr Kelly said, adding competition from the new plant would lower power prices.
"If the Government needs to underwrite it, if it needs a little bit of help, then that's what we should be doing."
https://www.abc.net.au/news/2019-03...-hunter-valley-reignite-climate-wars/10877470
Plans for Chinese-backed coal-fired plant in NSW's Hunter Valley...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ECT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.343M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.077K | 538.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 285269 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 15109396 | 25 |
View Market Depth
| Last trade - 10.02am 04/12/2024 (20 minute delay) ? |
| ECT (ASX) Chart |
