National Energy Guarantee

[1][2] Turnbull's successor Scott Morrison announced in September 2018 that the government would focus on cheap electricity prices; Australia would (also without NEG) make efforts to lower carbon dioxide emissions.

[4] In the years leading up to the proposed NEG, energy policy in Australia included the Rudd government's proposed Carbon Pollution Reduction Scheme, the introduction and repeal of the Gillard government's Clean Energy Act 2011, the Abbott government's Emissions Reduction Fund,[5] and proposals for an Emissions Intensity Scheme (EIS)[6] and a Clean Energy Target (CET)[7] among others.

In October 2017 the Turnbull government announced a new proposal, the National Energy Guarantee,[8] intended to "lower electricity prices, make the system more reliable, encourage the right investment and reduce emissions".

[10] The government decided not to adopt the Clean Energy Target[11] as recommended by the Finkel Review after coming pressure from the conservative elements[12] of the Liberal Party as well as vocal climate deniers.

[16] The minister also forecast in the best scenario, the NEG can deliver price reduction of 6 percent of power bills.