It's been a little frustrating that the default position is to keep calling for these sweeping reviews that can end up being to the home for a smattering of policy ideas and a cash cow for consultants. We had the post 2025 review which didn't really achieve anything, I'll be surprised to this review be more successful.
The cat is probably too far out of the bag, but I think it would be more helpful for governments to signal regulatory stability over a willingness to commit to more and more reviews.
I like your suggested ideas. My feeling is the review will ultimately be about how to drive investment into the system to preceed coal retirements, a perennial challenge!
The 2025 review didn't really have carbon as an objective. I think that might be different this time.
The "regulatory stability" horse has bolted. REC expansion, FITs, STC multiplier, Carbon introduced, then repealed, RRO, Roadmap, Energy & Jobs Plan, CIS , and now 2030 review. And I might be forgetting a few major changes in there. It's not viable for government to say to investors, "don't worry we will stop changing things after this one last time".
CIS is how investment to precede coal retirements will be driven. The question is; What comes after?
It's been a little frustrating that the default position is to keep calling for these sweeping reviews that can end up being to the home for a smattering of policy ideas and a cash cow for consultants. We had the post 2025 review which didn't really achieve anything, I'll be surprised to this review be more successful.
The cat is probably too far out of the bag, but I think it would be more helpful for governments to signal regulatory stability over a willingness to commit to more and more reviews.
I like your suggested ideas. My feeling is the review will ultimately be about how to drive investment into the system to preceed coal retirements, a perennial challenge!
Thanks for reading :)
The 2025 review didn't really have carbon as an objective. I think that might be different this time.
The "regulatory stability" horse has bolted. REC expansion, FITs, STC multiplier, Carbon introduced, then repealed, RRO, Roadmap, Energy & Jobs Plan, CIS , and now 2030 review. And I might be forgetting a few major changes in there. It's not viable for government to say to investors, "don't worry we will stop changing things after this one last time".
CIS is how investment to precede coal retirements will be driven. The question is; What comes after?