timing of Yallourn's closure shows it's high time for a carbon price
- Written by Richard Holden, Professor of Economics, UNSW
If you ever doubted the price of renewable energy was falling so rapidly it would eventually replace fossil fuels, the expedited closure of the Yallourn coal-fired power plant should change that.
Energy Australia announced this week it would close the 47-year-old power station in Victoria’s Latrobe Valley in 2028 –...