Victoria is right to kill the NEG

On both sides. From The Australian:

Federal government ministers are coming under pressure from colleagues to resign over the national energy guarantee in a counter-campaign by rebel backbenchers that risks further eroding Malcolm Turnbull’s authority as his attempts to win the support of wavering Coalition MPs appeared to be failing.

As the Prime Minister held a second round of crisis talks late yesterday with four of the 10 MPs who have reserved their right to cross the floor, senior government sources told The Australian that Keith Pitt — Assistant Minister to Deputy Prime Minister Michael McCormack — was considering resigning from the frontbench over his opposition to the NEG.

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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.