Climate Council
An Appalling Decision: Federal Government To Fund New Gas Power Station
Energy and economics experts have slammed the Federal Government’s decision to fund another gas-fired power station in the Hunter region of New South Wales as a waste of taxpayer money that will push up electricity prices and worsen climate change.
The announcement was made on the same day the International Energy Agency advised that there can be no new gas, coal, or oil projects if the world is to achieve net zero emissions by 2050.
The Federal Government will spend up to $600m on the Kurri Kurri power station even though it makes no commercial sense and will be harmful to Australians.