Morrison government to pledge another $58.6m to ‘gas-fired recovery’ in budget

Energy minister Angus Taylor will confirm the new funding, including up to $32m to support the Golden Beach project in GippslandThe Morrison government will allocate another $58.6m to “gas-fired recovery” measures in Tuesday’s budget and is continuing to hold out the prospect of building a new power plant in the Hunter Valley despite experts questioning the need for it.The energy minister, Angus Taylor, will confirm on Friday new funding to support gas infrastructure projects, including a short-term loan of up to $32m to support early works for the Golden Beach gas production and storage project in Gippsland in Victoria. Related: Australian energy board chair says gas-fired power plant in Hunter Valley ‘doesn’t stack up’ Related: The government’s embrace of ‘clean hydrogen’ helps no one but the fossil fuel industry | Richard Denniss Continue reading...