Government MPs mull national energy policy

Author: SBS News   Date Posted:13 August 2018 

The federal government could underwrite billions of dollars in investment in new coal- and gas-powered plants as it looks to shore up support for its National Energy Guarantee.

Prime Minister Malcolm Turnbull will announce his support for the Australian Competition and Consumer Commission proposal at the coalition party room meeting on Tuesday.

Under the ACCC plan, the government would underwrite new power generation whether that be from coal, gas or renewables.

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