This proposal has four components.

This proposal has four components.

The proposal would provide $1,000 million over ten years from 2019-20 to 2028-29 to support workers and communities in coal-dependent areas as power stations are closed. The proposed schedule for power station closures is at Attachment A. Funding would be allocated in proportion to the generation capacity of power stations scheduled for closure.

Additional departmental funding would be provided to administer this proposal.

The proposal would provide $1,000 million over ten years from 2019-20 to 2028-29 to support workers and communities in coal-dependent areas as power stations are closed. The proposed schedule for power station closures is at Attachment A. Funding would be allocated in proportion to the generation capacity of power stations scheduled for closure.

Additional departmental funding would be provided to administer this proposal.

This proposal would introduce permits on exporting thermal coal, with a yearly cap of total permits
available for purchase. Coal exporters would pay for permits to export thermal coal each year. The
yearly export cap amount and the amount charged for the thermal coal export permits are as follows.

This proposal would introduce permits on exporting thermal coal, with a yearly cap of total permits
available for purchase. Coal exporters would pay for permits to export thermal coal each year. The
yearly export cap amount and the amount charged for the thermal coal export permits are as follows.

This proposal would introduce permits on exporting thermal coal, with a yearly cap of total permits
available for purchase. Coal exporters would pay for permits to export thermal coal each year. The
yearly export cap amount and the amount charged for the thermal coal export permits are as follows.

• Component 1 – Renew Australia Corporation
  • Element 1: Establish the Renew Australia Corporation (the Corporation) from 1 July 2019. The Corporation would be funded to deliver Components 3, 4, 5 and 6 of this proposal.
  • Element 2: Provide the Corporation $40 million in 2019-20, indexed by the consumer price index (CPI) to 2025-26 and then held constant at that level on an ongoing basis, to manage the transition to a clean energy system.
• Component 2 – Renewable energy zones

This document details the administered, departmental and total funding amounts for capped costings included in Appendix B, Table B-1 of the 2019 Post-election report.

This document details the administered, departmental and total funding amounts for capped costings included in Appendix B, Table B-1 of the 2019 Post-election report.