Liddle Power Station

For a long time, Australian governments have believed that the private sector should run the electricity sector. Successive governments have used market instruments to incentivise reducing emissions, by supporting renewables, discouraging coal use, or both.

The electricity industry crisis has reached new heights, with the federal government pressuring giant energy company AGL to keep the ageing Liddell coal-fired power station open for a further five years after 2022, its due date for closure.

Liddell, in the Hunter Valley region of NSW, is a coal-burning dinosaur. The reality is neither the government’s policy of defending Big Coal, nor its reliance on the so-called “energy market”, will solve the problem of skyrocketing electricity prices for consumers or the looming environmental crisis.

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