Prime Minister Dominic Perrottet has blamed Australia’s energy problems in the “ideological war” over climate change that scares private investment, saying his state’s renewable targets will help secure the future of its energy supply.
As stress on the East Coast’s energy supply reached critical levels this week, Perrottet said what had been “lost in this whole debate” was the impact of Australia’s climate policy on the investment.
Treasurer Matt Kean and Prime Minister Dominic Perrottet say NSW will have to rely on private investment to secure its energy future. Credit: Louise Kennerley
“The problem facing NSW, Victoria, Queensland and South Australia now has been ideological warfare over climate change and energy policy in this country, and this has led to a lack of private sector investment. “. He said.
A quarter of Australia’s electricity supply was offline on Wednesday due to several plant failures and rising coal prices, which led the Australian energy market operator to suspend the energy market. facing the risk of blackouts.