SNOWY Hydro confirmed the resignation of its CEO Paul Broad yesterday morning in a short statement that lacked a single word as to why. Climate Change and Energy Minister Chris Bowen was similarly mute, his office saying only that he "notes" the decision, and thanks Mr Broad for his work.
The Newcastle Herald believes this came about after Mr Broad told Mr Bowen that the Labor Party's pre-election promise of converting the Kurri Kurri gas turbine to 30 per cent hydrogen was impractical if not impossible, and that Herald articles reporting that this week may even have contributed to the situation.
