timing of Yallourn's closure shows it's high time for a carbon price

  • Written by: Richard Holden, Professor of Economics, UNSW
timing of Yallourn's closure shows it's high time for a carbon priceKip Scott/Shutterstock

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 –...

Read more: timing of Yallourn's closure shows it's high time for a carbon price