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Energy policy guessing game will kill investment, executives warn

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The energy policy vacuum makes it harder to justify large investments in new generation needed to stabilise the electricity system as more coal plant retires and sets the country back behind "square one", energy and industry executives warned Energy minister Angus Taylor.

In the past few days the government has abandoned emissions targets for electricity and separated energy and climate policy ministries after its attempt to unite them ran foul of backbench hostility to renewable energy and the Paris climate agreement.

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Ben Potter writes on energy, climate change and innovation, and has been Washington correspondent, opinion editor and companies editor. Connect with Ben on Twitter. Email Ben at bpotter@afr.com
Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com

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    Original URL: https://www.afr.com/news/energy-policy-guessing-game-will-kill-investment-executives-warn-20180827-h14ksy