There is no statute of limitations on bad ideas, via the ABC:
Resources Minister Matt Canavan has opened the $5 billion Northern Australia Infrastructure Fund to fund new so-called clean-coal power stations.
Senator Canavan’s comments come days after Prime Minister Malcolm Turnbull said Australian industry had an obligation to be at the forefront of coal technology.
Treasurer Scott Morrison has also not ruled out using money set aside in the Clean Energy Finance Corporation to pay for new generation power stations.
Mr Canavan said he had received interest from energy generators to tap into the billion-dollar investment fund and explore North Queensland.
“I’ve received some interest over the past week associated with our commitment to build base load power stations, including to support clean coal options,” he told ABC AM.
Mr Canavan would not say which companies had expressed interest but said there were viable options near the Galilee Basin and other parts of the state’s north.
Well, gee, a free power plant, who wouldn’t express an interest? Of course this follows on from the recent push to open the same fund to the Adani coal white elephant. That neither is commercially viable doesn’t bother the COALition.
That the same government booted the car industry into the sea over a lousy $500m shows the power of the Banana Republic mindset.
And with the COALition running scared as the AGW skeptical and economically backward One Nation runs riot across QLD, what hope of sane policy?
