Electricity retailers could defer emissions reductions under Coalition plan

Discussion paper proposes national energy guarantee ‘flexibility’ by deferring proportion of obligationsElectricity retailers could be allowed to defer a proportion of their emissions reductions obligations under the Turnbull government’s national energy guarantee to give the energy sector time to adjust to the new regime.The deferral idea is floated in a new discussion paper about the guarantee prepared by the Energy Security Board to kick off consultations about how the Turnbull government’s proposal would work – assuming the Neg gets the backing of state governments. Related: Energy guarantee protects coal sector from renewable competition – analysis Related: What is the national energy guarantee and is it really a game changer? Continue reading...