Scott Morrison: new coal-fired power station not the answer

The treasurer has pushed back against backbenchers arguing for a return to coal saying 'the days of subsidies in energy are over' The treasurer, Scott Morrison, has smacked down a backbench push for the Turnbull government to back a new coal plant, arguing that high-efficiency coal does not mean cheap energy, and taxpayers would also be left on the hook.Morrison used a public appearance on Wednesday to rebuff fresh positioning by conservatives on coal, declaring it "false to think that a new coal-fired power station will generate electricity at the same price as old coal-fired power stations". Continue reading...