Environment
by Matthew Killoran
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A $370 million green energy hub slated to create 250 jobs in regional Queensland has had its bid for funding denied by Northern Australian Minister Keith Pitt exercising rarely used veto powers, saying he was "unconvinced" it would lower energy prices.
The move has sparked accusations the project fell victim to "an ideological war on renewables".
Northern Australia Minister Keith Pitt used veto powers to stop a concessional loan going to a proposed wind farm in north Queensland. Picture: NCA NewsWire/Gary Ramage
It claimed the wind farm could deliver power price savings of $461 million over 30 years.