General
Barnaby Joyce wants Clean Energy Finance Corporation to invest in coal-fired power
The former leader of The Nationals, Barnaby Joyce, is pushing for the publicly backed emissions reduction corporation to invest in new fossil fuel projects.
Key points:
- The Clean Energy Finance Corporation has $10 billion to invest in projects that help Australia transition to lower emissions
- Barnaby Joyce put forward an amendment to the CEFC legislation that would let it to invest in “low emissions coal-fired power”
- He said he had “no problems” with the “logical” path to cleaner energy
The Clean Energy Finance Corporation (CEFC) is the “green bank” that has $10 billion to invest on behalf of the Australian government in projects that help the nation transition to lower emissions.
Mr Joyce revealed in Parliament that he has put forward an…
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