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Budget 2018 was old news for energy policy – the next big headlines won’t come until July

As with many previous budgets, matters relating to energy and climate change were relegated to little more than a footnote in Treasurer Scott Morrison’s 2018 budget speech.
The Conversation
electricity, power, power prices
The Lake Macquarie coal plant will close in 2025 as renewables prove a more cost-effective option.

By David Blowers, Grattan Institute

As with many previous budgets, matters relating to energy and climate change were relegated to little more than a footnote in Treasurer Scott Morrison’s 2018 budget speech. And even the contents of that footnote told us nothing new.

This will bring relief to some, but cause frustration for others.

No money was set aside for a new coal-fired power station, despite the plaintive calls from the backbench in recent weeks.

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