The Retirement of coal fired power stations inquiry report, due to be tabled in the Senate on Monday afternoon, has recommended that coal fired power stations be retired and no new stations built, to make way for lower-emissions sources of power such as renewable energy…“The question is not if coal fired power stations will close, but how quickly and orderly these closures will occur, and what supporting policies need to be in place to help manage the process,”…The report’s recommendations include creating a comprehensive energy transition plan, reform of the National Electricity Market rules, a pollution reduction target, a plan for workers and communities, and an energy transition authority with powers…The committee cited economic factors as the main reason for government intervention to phase out coal fired power stations and meeting obligations for less than 2degC warming.
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