Frydenberg signals government poised to abandon clean energy target

Energy minister says electricity sector wants stability, 'not necessarily handouts' suggesting renewables won't be subsidised b after 2020The energy minister, Josh Frydenberg, says Australia's electricity sector is looking for stability, "not necessarily" for handouts, in a signal the Turnbull government is poised to abandon the clean energy target.In comments to an energy summit on Monday, Frydenberg pointed to the falling costs of renewable energy as one of the calculations in the government's consideration of the clean energy target recommended by the chief scientist, Alan Finkel. Continue reading...