.TroyBramston: The idea that they are going to underwrite coal-fired power is a fantasy for people in the National Party. The fact is there is not an energy company in Australia who want to build a coal-fired power station. MORE: pmlive
Prime Minister Scott Morrison has announced the government is considering underwriting the upgrade of a coal-fired power plant at Lake Macquarie in NSW.
The government has considered expressions of interest from 66 energy projects and shortlisted 12 proposals for potential underwriting. The proposals include five gas projects, six pumped hydro projects, and the Lake Maquarie coal plant.
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