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One is an effort to create powers for the orderly closure of a firm like Lehman.
Three-quarters of Australians believe governments should plan for the orderly closure of coal plants and replace them with clean energy.
72% agree governments need to implement a plan to ensure the orderly closure of old coal plants and their replacement with clean energy (7% disagree and 14% neutral).
"States need to start planning for an orderly closure of Australia's most polluting coal-fired power plants which would reduce oversupply and eliminate one of the key barriers to renewables investment".
A Climate Institute report from April found the regulated and orderly closure of coal power plants was needed to avoid major economic disruption in 2030, when the country would need to rush to meet its international commitments.
"We also appreciate that this decision will have a significant impact on the Morwell and broader Latrobe valley communities and we will work with regulators, unions and the local community to ensure an orderly closure, including rehabilitation of the mine and remediation of the power station site".
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"We're committed to leaving no one behind in the transition to an orderly and humane industry closure and we'll announce this package, which will include financial assistance, in coming months," Grant said.
An orderly retrenching, including plant closures, should have paved the way for a planned sale to America's General Motors (see article).
But the government, fearing a run on the banks, believes that it is the only way to maintain stability and proceed with an orderly liquidation of insolvent banks.Austerity, bank closures, privatisation.
Banks in Cyprus have reopened after a two-week closure amid EU-IMF bailout talks, with orderly queues for cash and strict limits on daily withdrawals.
The process has already been sharply criticised by MPs, with the Commons science and technology select committee calling last month for a six-month extension to the closure deadline because they were not confident an orderly transition could be achieved.
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