news.com.au , 10 Oct 18, IT WAS Australias big hope for cutting your electricity bills and ending the climate wars but today its been confirmed thats not going to happen. EVERYONE has been crying out for the major parties to agree on an energy policy for Australia but its becoming clear this is probably not going to happen.
At an energy forum being held in Sydney today, new Federal Energy Minister Angus Taylor dismissed suggestions a bipartisan agreement was the way forward and pointed to the huge difference in the policies of the major parties.
I dont know how were going to get bipartisanship given we have a 26 per cent emissions reduction target and the other side has 45 per cent, Mr Taylor told the AFR Energy Forum 2018.
Australias energy policy is in tatters after the National Energy Guarantee was abandoned by the Coalition after Malcolm Turnbull lost the prime ministership.
Now even Labors shadow minister for climate change and energy Mark Butler has acknowledged defeat. Speaking after Mr Taylor, he said the idea of developing a bipartisan market mechanism to address climate and energy policy would not happen.
We need to recognise that the solution weve been banking on now for a number of years has been snatched away, he told the forum.
They (the Coalition) have walked away from the table because theyve said they cant countenance any agreement with Labor over climate and energy policy.
Mr Butler noted the two parties got close in 2016 with the emissions intensity scheme, then again in 2017 with the clean energy target and most recently with the NEG this year, but each time the policies were taken off the table largely due to revolt within the Coalition party room led by Tony Abbott, despite the policies having broad support among state and territory governments as well as the business community.
Now we confront a position where inv...