Labor’s thoughts are with the workers, families and communities affected by the announcement that the Yallourn power station will close.
 
But those workers deserve more than thoughts. They deserve a Federal Government with a credible plan for the jobs of the future.
 
Today’s announcement is another reminder that domestic and global markets are decarbonising, whether Scott Morrison accepts it or not.
 
The Coalition Government’s division and inaction on energy policy are leaving Australians exposed to these market forces.
 
As the Australia Institute has said in response to today’s announcement:
 
“The early closure of Yallourn is another reminder that Australia lacks a climate and energy plan to smooth out the inevitable closure of coal power stations.”
 
It’s past time for the Morrison Government to face up to market realities and outline a serious plan to create new jobs, improve energy affordability and reliability, and reduce emissions.
 
If they don’t, Labor will.
 
Labor acknowledges the Victorian Government’s foresight, which will ensure that workers have seven years before Yallourn closes. 
 
We also welcome Energy Australia’s commitment to build a grid-scale battery in the same area, and to provide a support package to workers.
 
Labor will work with Energy Australia to ensure those commitments are delivered.