According to the AFR, AGL Energy faces “a huge daily challenge” just to keep its “geriatric” Liddell coal-fired power station running and will need to spend up to $150 million just to “keep our noses above water” until 2022. It will cost $900 million to keep it open for another 10 years, as Malcolm Turnbull and Josh Frydenberg would have it.
Former PM Tony Abbott said it would be “unconscionable” to adopt a clean energy target and he would cross the floor rather than vote for it, adding that his government had been elected “to abolish the carbon tax and end Labor’s climate change obsessions to go further down the renewables path.” He said there was “no chance” the party room would support a “significant increase in the amount of renewables in our system” and called for Hazelwood 2.0.
