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Nationalisation of energy assets would ‘spook investors’

Australia’s peak body for green energy investors and producers has warned the NSW government against following a Victorian decision to put more energy assets in public hands, arguing that direct government ownership could crowd out the market and spook investors.

As voters wait to hear NSW Labor leader Chris Minns’ election road map on energy, which is expected to include elements of Victorian Premier Daniel Andrews’ revival of the State Electricity Commission, the Clean Energy Council has cautioned the government against nationalising energy assets.

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Samantha Hutchinson is the AFR's National Reporter. Most recently, she was CBD columnist for The Sydney Morning Herald and The Age. Before that, she covered Victorian and NSW politics and business for The Australian, the AFR and BRW Magazine. Connect with Samantha on Twitter. Email Samantha at samantha.hutchinson@afr.com.au

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    Original URL: https://www.afr.com/politics/nationalisation-of-energy-assets-would-spook-investors-20230203-p5cht2