Government takes a hit for brown coal in MYEFO

The Mid-Year Economic Fiscal Outlook has little of interest to the clean energy sector. It did show however, that the owners of the Energy Brix have been quite shrewd in getting $160m cash in hand for a generator on the verge of retirement.

From what we’ve been able to gather, there is surprisingly little to report in changes on clean energy and climate change programs out of the Mid-Year Economic Fiscal Outlook.

The main thing of interest is that Energy Brix, the oldest Australian brown coal generator and a producer of brown coal briquettes, manages to pop-up several times throughout the MYEFO account line items.

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Government takes a hit for brown coal in MYEFO

The Mid-Year Economic Fiscal Outlook has little of interest to the clean energy sector. It did show however, that the owners of the Energy Brix have been quite shrewd in getting $160m cash in hand for a generator on the verge of retirement.

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