The Victorian Greens have secured significant reforms that enshrine investment in renewable energy into the constitution, as the SEC Bill just passed the Upper House. <\/p>\n\n\n\n
The Constitution Amendment (SEC) <\/em>Bill puts Victoria\u2019s State Electricity Commission (SEC) into the constitution. It passed the Victorian Parliament today with Greens amendments ensuring that funds from SEC\u2019s public ownership are funnelled directly into renewable energy and\/or lower power prices. <\/p>\n\n\n\n The Greens\u2019 amendment not only drives investment into renewables but it prevents current or future Victorian governments from skimming capital and profits from the SEC into general government revenue in the form of \u2018dividends\u2019.<\/p>\n\n\n\n Victorian Greens coal transition spokesperson, Dr Tim Read:\u00a0<\/strong><\/p>\n\n\n\n \u201cThe Greens have ensured that a publicly owned SEC will drive investment in renewables and lower power prices for Victorians. <\/p>\n\n\n\n \u201cOur changes mean that instead of the underfunded SEC being all spin and pre-election merch, it will actually help reduce power prices. <\/p>\n\n\n\n \u201cThe future is clean, renewable energy and the Greens are the ones driving us there. <\/p>\n\n\n\n \u201cThese changes to the SEC are a useful step but to tackle the climate crisis, Labor must stop approving new fossil fuel projects and invest real money in cheaper, cleaner, renewable solutions.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":" The Victorian Greens have secured significant reforms that enshrine investment in renewable energy into the constitution, as the SEC Bill just passed the Upper House. The Constitution Amendment (SEC) Bill puts Victoria\u2019s State Electricity Commission (SEC) into the constitution. It passed the Victorian Parliament today with Greens amendments ensuring that funds from SEC\u2019s public ownership are funnelled … Continue reading “GREENS REFORMS THAT ENSHRINE RENEWABLES IN THE CONSTITUTION PASS PARLIAMENT\u00a0“<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-29093","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/29093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=29093"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/29093\/revisions"}],"predecessor-version":[{"id":29094,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/29093\/revisions\/29094"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=29093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=29093"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=29093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}