Federal government’s Clean Energy Finance Corporation says coal ‘seriously challenged’ as a commercial investment
The Clean Energy Finance Corporation has said it is “very unlikely” it would invest in new coal-fired generators and poured cold water on the federal government’s push to support “clean coal” technology.
The CEFC’s hostile approach to the sustainability and commercial viability of new coal plants means the government will have to change CEFC’s investment rules or directly subsidise new coal plants if it wants to support them.
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