Poor old coal: Australia's latest protected species

It started with the carbon price billion dollar handout, then it moved onto trying to slice the RET. Now we have the Energy Green Paper entertaining the idea of assisting the exit of a power generator. Why are government officials so keen to intervene to help coal generators out of commercial difficulties?

Yesterday, Rod Campbell, pointed out in this publication a rather troubling example of a broader problem where governments seem utterly unable to resist the temptation to intervene to help out coal generators encountering commercial difficulties.

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