A report just released by the Victorian Energy Policy Centre should be compulsory reading for all that mindlessly sprout the renewables mantra at dinner parties.

The report examines the fallout from the Hazelwood Power Station’s closure and found that the loss of the 1600 MW of coal power opened the door for the big energy players, especially for AGL to reap an additional $832 million in gross profits from its electricity wholesale business.

Michael is joined by Craig Kelly MP, Liberal Member for Hughes who is on the government’s Committee for Environment and Energy to discuss what will surely be front and centre of the federal election in May.

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