Government killed emissions scheme despite knowing it could shave $15 billion off electricity bills

By Adam Morton
Updated December 9 2016 - 6:19pm, first published December 8 2016 - 10:18pm
Prime Minister Malcolm Turnbull has said the Coalition would not implement an emissions trading scheme. Photo: Alex Ellinghausen
Prime Minister Malcolm Turnbull has said the Coalition would not implement an emissions trading scheme. Photo: Alex Ellinghausen
Energy Minister Josh Frydenberg backtracked on making an emissions intensity scheme part of a government review. Photo: Andrew Meares
Energy Minister Josh Frydenberg backtracked on making an emissions intensity scheme part of a government review. Photo: Andrew Meares

The Turnbull government has been sitting on advice that an emissions intensity scheme - the carbon policy it put on the table only to rule out just 36 hours later - would save households and businesses up to $15 billion in electricity bills over a decade.

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