Angus Taylor signals further taxpayer investment in existing coal and gas

New energy minister says government still committed to energy-market interventions if neededThe new energy minister, Angus Taylor, says he's not a sceptic about climate science, just the economics of green schemes, and he's declared renewables are "in my blood" and have an important role in the energy system.But while overtly backing solar and hydro, but not wind - a technology he's long opposed - Taylor has also signalled he wants to encourage new investment extending the life of existing coal and gas plants, and upgrading ageing facilities, with an objective of boosting supply. Continue reading...