Business
‘Orwellian’: Coalition accused of planning to open green bank to fossil fuel investments – The Guardian
Angus Taylor introduces bill to give Clean Energy Finance Corporation $1bn for ‘grid reliability fund’
The Morrison government has been accused of planning to open up the taxpayer-owned green bank to fossil fuels investments through a change that explicitly defines gas-fired power as a low-emissions technology.
The energy and emissions reduction minister, Angus Taylor, introduced legislation to parliament on Thursday that would give the Clean Energy Finance Corporation an additional $1bn funding for a grid reliability fund.
Taylor said the new fund would be used to encourage private investment …
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