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The energy sector wants certainty from the government over the renewables-coal electricity mix.

Turnbull to stare down energy revolt on backbench

Malcolm Turnbull is staring down coalition backbenchers concerned that a proposed clean energy target could push up power prices and undermine coal-fired power.

MPs concerned about the power bill impact of the policy proposed in a report by chief scientist Alan Finkel have been emboldened by last week's Nationals conference passing a motion opposed to a clean energy target, and former prime minister Tony Abbott's push to wind back renewable energy subsidies.

Mr Abbott will double down on his position in delivering a speech, entitled Daring to Doubt, to the London-based Global Warming Policy Foundation on October 9.

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BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/08/17

1 year TSR5 year TSR
220thFortescue Metals Group30%15%
717 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

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23/08/17
$510k Bought
20/04/17
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03/11/16
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Total value as at the date of the transaction
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th-Fortescue Metals Group$10,999.7m
491 listed resources companies ranked by revenue.
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4thNev Power$5.324m
663rdMark Barnaba$223k
779thSharon Warburton$170k
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