The owners of the Vales Point power plant have applied to have its 40-year old coal-fired plant funded under the Federal Government’s emissions reduction fund, potentially extending the life of the plant by a further 20 years.
The move drew sharp criticism from the Australian Conservation Foundation (ACF), saying that the move is ‘deeply concerning’ that the fund could be used to support ageing coal-fired infrastructure.
“The fact that one of Australia’s dirtiest coal plants can get a project registered under the emissions reduction fund, and potentially receive government funding from a climate change program to upgrade its equipment, should shock Australians,” The ACF’s CEO Kelly O’Shanassy said.
“Vales Point is the kind of sputtering and polluting plant we need to urgently retire and replace with clean energy if we are serious about tackling climate change. No government should prop up ailing coal generators with public funds, especially as any major capital works would help extend the life of a plant that should be retired.”