Queensland seeks for one billion funding in renewable energy

Mark Wood

Queensland’s Deputy Premier Jackie Trad advocated for more green energy and state government funding, in his letter to Prime Minister Scott Morrison, to build and provide jobs in more sectors, however, gas is still a possibility. Queensland is pushing for a “share of attention” of green resources from the Federal Government after the first of a sequence of reciprocal climate deals. Therefore, Prime Minister Scott Morrison intends to conclude with his regional and federal partners. Following a letter to Morrison, Queensland’s Deputy Prime Minister Jackie Trad called on the federal government to provide $1 billion in funding for state-wide power transmission programs. The plea came after a $2 billion electricity contract with Morrison linked by NSW Prime Minister Gladys Berejiklian the week before. The agreement consists of various measures, varying from growing gas and electricity supplies to strengthening grid protection to promoting ventures to cut emissions that effectively eliminate fossil fuel, and as a tremendous victory for the oil sector and as a catalyst for the cleaner energy economy. 

The compromise led Trad to a response urging Morrison to devote $1 billion in Northern Australia Investment Fund (NAIF) policy “performing poorly” to Queensland for sustainable power projects. Trad indicated in a message to Morrison about the contract with the NSW administration that “I notice a substantial proportion the state government’s financing involvement is to be by grants instead of loan agreements. “The State of Queensland is proposing to allocate $1 billion (NAIF) in support and to make it available as a sustainable energy loan under the same criteria as New South Wales. However, with Morrison focusing on gas’s value as a “transformation source,” it’s essential that he try to access additional gas reserves via his forthcoming diplomatic oil relations with the countries. Across NSW, the state has dedicated itself to helping grow in the eastern coastal industry with a new 70 gas pets annually to reducing obstacles to the carbon production of the power-plant in Mount Piper. It may, therefore, be more complicated than it seems to have earned a grant for renewable sources alone. Another issue would be whether Queensland needs to get more for sustainable energy. Queensland Energy Minister Anthony Lynham confirmed, as per the Sydney Morning Herald, replied he would advise the central government to recognize Queensland’s gas output.

“NSW has three trillion dollars. Were we? There’s nothing,” stated Lynham. “We’ve got this huge donation to NSW here. It is false. It is incorrect. Nothing has occurred to improve our gas exports in Queensland. We have received no incoming call for the NSW project.”