Perhaps Mal should put his money where his mouth is.
The Federal Government could buy Hazelwood, give it a $200mil or more upgrade and sell the electricity into the grid at a loss.
A bit of sovereign risk should shake up the market
Trouble is that is completely at odds with their competition push where they are trying to drive increased productivity by encouraging the States to divest themselves of the running of as many public services as possible.
Offering the promise of unspecified financial rewards to the States if they do so.
