2nd Term labour Govt. re: Finance?, page-21

I don't think that the above report deals extensively with forecast electrical load increases in shift to electrical vehicles from memory, so there will be substantially greater reduction requirements. Also, I just saw the NPC address by Minister Plibersek and she was clear that the feds had no intention of including impact assessment of GHG emissions from fossil fuels that are exported overseas (thankfully being sensible). Her analogy was that no country that exports cars will ever assess or be responsible for the impacts of the fuels as they are burned in use. The focus of the reforms in environment act is entirely on domestic use and developments. TBH it looks better and better for mid-term export shift in fossil fuels to me, once base energy loads are frame worked domestically. This will mean that NWE will have secure market access for the life of Lockyer DEEP at a minimum, but would not be surprised if the taxation rate takes on a cigarette-like tax creep over time.

DYOR