On 23 November 2023, Minister for Climate Change and Energy the Hon Chris Bowen MP announced that the Albanese Government, in conjunction with the states, is expanding the existing Capacity Investment Scheme (CIS) and the National Energy Transformation Partnership (NETP) to support the delivery of more reliable, affordable and low-emissions energy. First announced in December… Continue reading Capacity Investment Scheme Expansion
Category: Climate and Energy
Safeguard Mechanism Design
On Tuesday 10 January 2023, Federal Minister for Climate Change and Energy, Chris Bowen, released the Albanese Government’s proposed reforms to the Safeguard Mechanism. The proposal, outlined in a position paper and draft legislative rules available here, is the result of over nearly 6 months of consultation. Consultation on the proposed design then closed on… Continue reading Safeguard Mechanism Design