Implications of the energy blueprint
WHAT THE FEDERAL GOVERNMENT WANTS FOR AUSTRALIA'S ENERGY INDUSTRY:
INCREASE MARKET COMPETITION
* Implement energy market reforms, including time-of-use pricing
* Encourage development of advanced metering technologies
* Encourage states and territories to sell off electricity assets
* Work with states and territories to approve priority gas projects and improve pipeline access
* Prepare strategy to develop coal seam gas industry
* Commission an ACCC inquiry into the gas market
* Better promote resources projects by improving local engagement, transparency and public communication to address misinformation
* Three year monitoring by the ACCC of prices, costs and profits relating to supply of unleaded petroleum products
IMPROVE ENERGY PRODUCTIVITY
* Develop a national energy productivity plan, which includes a productivity target and market reform to lower energy costs
* Improve productivity up to 40 per cent
SECURE INVESTMENT IN ENERGY SECTOR
* Improve workforce productivity and reform vocational education and training system to focus on skills that employers need
* Make immigrant worker 457 visas more flexible
* Encourage indigenous engagement in resource projects
* Remove the need for Commonwealth environmental approvals under one-stop-shops
* Review offshore oil and gas management
* Promote energy exports through new free trade agreements
* Monitor international developments on nuclear energy
OTHER
* Abolish the Clean Energy Finance Corporation and ARENA
