Hunt isn’t overstating the problem of electricity prices. Our bills have doubled in the last few years, and our electricity is now amongst the world’s most expensive. But for all the sound and fury out of Canberra about the price of power, most Australians still don’t really understand what’s made their electricity so expensive. ‘The main reason that electricity has been getting dearer is the overinvestment in poles and wires, and the fundamental inefficiency in the way that the national electricity market’s working,’ says Richard Denniss, executive director of the Australia Institute. Listen to the program and read more here: abc.net.au/radionational/programs/backgroundbriefing/is-the-carbon-tax-to-blame-for-high-electricity-prices/5555070
Posted on: Sat, 28 Jun 2014 01:22:22 +0000
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