Australia’s last coal holdout surrenders to the green revolution

In an announcement to the ASX on Thursday, AGL’s newly overhauled management team and the board said the company would bring forward the closure date of the troubled Loy Yang A Power Station in Victoria’s Latrobe Valley by up to 10 years to 2035. On its other two remaining coal plants, Liddell and Bayswater in New South Wales, AGL says it remains on track to shut both of these in April 2023 and between 2030 and 2033, respectively.

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