Coalition tears itself a new one over carbon price

Advertisement

It’s all so very BORING:

Prime Minister Malcolm Turnbull faces a fresh outbreak of party disunity over climate policy, with backbench MPs questioning the government’s timing, scope and tactics after a formal review of the Direct Action plan was finally announced.

Environment and Energy Minister Josh Frydenberg on Monday launched the long-awaited review – which controversially promises to look at whether to introduce an emissions intensity scheme for electricity generators, which is a type of carbon price – though he emphasised a focus on household electricity prices and energy security.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.