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Auditor-General criticises coal project grant process

Sumary of Auditor-General criticises coal project grant process:

  • The Morrison government awarded a $3.6 million grant to a coal power plant proponent without requiring it to complete the full feasibility study for which it was funded, the Auditor-General says…
  • Delivering on a commitment made before the May 2019 election, federal Energy Minister Angus Taylor announced in February last year up to $4 million had been set aside for a study into the feasibility of a 1 gigawatt high efficiency, low emissions coal plant in Collinsville, north Queensland…
  • The Auditor-General has found a grant for a study into a north Queensland coal plant does not require the proponent to complete its task…
  • Credit:Luis Enrique Ascui A $3.6 million grant was awarded in August 2020 to Shine Energy, which has not yet completed any energy projects, for a detailed project study sufficient to attract investment into the proposed coal plant…
  • The Auditor-General began inquiries in 2019 after identifying that the grant process posed a risk that a complete feasibility study might not be delivered….

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