The Morrison government has embraced a Labor policy to take on more public debt to invest in new energy projects, promising $1 billion for electricity generation, storage and transmission.
The plan will commit more money to the Clean Energy Finance Corporation in a significant policy concession by the Coalition, which tried to scrap the investment agency under former prime minister Tony Abbott.
The Labor Party welcomed the Coalition decision to "mimic" its own energy policy.
[FULL STORY HERE]
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