Greens climate and energy spokesperson, Adam Bandt MP, has welcomed Labor\u2019s decision to back his Coal-Fired Power Funding Prohibition Bill, introduced into the House of Representatives yesterday.
\nThe bill will prevent the government from underwriting either new or existing coal-fired power stations and will stop any indemnification of coal-fired power stations against a future carbon price or policy to limit emissions. The government has flagged that it may provide such support.
\nMr Bandt said he will now continue talks with the crossbench to secure majority support and passage of the bill through the Parliament.
\n\u201cThis bill is as financially responsible as it is environmentally responsible,\u201d said Mr Bandt.
\n\u201cThis power-sharing Parliament must act to stop the government from recklessly exposing taxpayers to huge liabilities by underwriting coal.
\n\u201cIf we move this week, we have an opportunity to halt the government\u2019s rush to sign contracts over Christmas.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Greens climate and energy spokesperson, Adam Bandt MP, has welcomed Labor\u2019s decision to back his Coal-Fired Power Funding Prohibition Bill, introduced into the House of Representatives yesterday. The bill will prevent the government from underwriting either new or existing coal-fired power stations and will stop any indemnification of coal-fired power stations against a future carbon … Continue reading “Bandt welcomes Labor support for coal-fired power funding prohibition bill”<\/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-910","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\/910","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=910"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/910\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=910"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}