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I have no particular reason, but a myriad of comfort points knowing old clunker technology is chugging along and in govt hands. So I think we should be keeping coal fired stations public and allowing private enterprise to develop alternatives that eventually overtake the fossil fuel production.
The problem with private enterprise developing alternatives is, they want huge subsidies to get involved, which leads to the Government underwriting the risk.
To a certain degree W.A has gone down this path, by offering capacity agreement contracts, whereby a new a entrant gets paid for being available to generate, the problem is you can't make them generate.
As I said it is crazy to shut down existing coal, it is our only low cost fuel, at the moment. With regard installing new coal fired plant, it is basically impossible, due to lack of investors and financial backers.
It doesn't bode well for the future cost of our electricity.
As for our gas, it should be taxed by volume, same as all our minerals should.IMO