News Link • Energy
Smart but deceptive: NSW govt keeps big coal plant on until just after the next election...
• Joanne NovaHiding the costs of renewables until after the next election
The largest coal plant in Australia was supposed to close in August next year, but the NSW government decided to buy a two year extension until a few months after the next state election. Now the modeling comes out showing that they decided to keep the Eraring coal plant running to prevent the shocking price spikes from disturbing the voters. Keeping the coal plant will reduce wholesale electricity bills by a few billion dollars. (Why don't we keep it open for ten years?)
Presumably his reelection chances would be worse if "saved the planet", and shut the coal plant a few months before the election instead.
They know the voters don't want the transition. They know it will cost more. And yet they do it anyway…