Days before the Council of Australian Governments (COAG) meeting on August 10, the Victorian government has set a list of demands for the Federal government before they agree to the National Energy Guarantee (NEG).
Victorian Minister for Energy, Environment and Climate Change Lily D’Ambrosio wants to ensure that NEG will keep energy prices low, protects local jobs, and that the Victorian Renewable Energy Target is met.
In addition, a transparent registry must be set up so regulators and governments can ensure that the NEG works in the best interest of the consumers.
“Once implemented, the Guarantee will produce a clear investment signal so the cleanest, cheapest and most reliable generation can get built in the right place at the right time,” said Schott.
D'Ambrosio believes that they can only get things right if Prime Minister Malcolm Turnbull “stares down the climate-crazies in his party” and lays down a plan that will protect local jobs and households.