National Energy Guarantee (NEG) was an energy policy proposed by the Turnbull government in late 2017 to deal with rising energy prices in Australia and lack of clarity for energy companies to invest in energy infrastructure. The policy specifically targets energy companies in the National Electricity Market and large energy users to have a reliability obligation as well as emissions reduction obligations.[1][2]
Turnbull's successor Scott Morrison announced in September 2018 that the government would focus on cheap electricity prices; Australia would (also without NEG) make efforts to lower carbon dioxide emissions.[3]
The Labor party has since announced that it will adopt the NEG as its energy policy.[4]
- ^ Murphy, Katharine (2017-10-18). "What is the national energy guarantee and is it really a game changer?". The Guardian. ISSN 0261-3077. Retrieved 2017-11-03.
- ^ "What is the National Energy Guarantee and what does it mean for consumers?". ABC News. 2017-10-17. Retrieved 2017-11-03.
- ^ 'NEG dead': Morrison to ditch energy legislation, but keep Paris targets
- ^ "Crossbench joins Julie Bishop and Labor in push for energy agreement". ABC News. 27 November 2018. Retrieved 3 December 2018.
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