It will forgo that to reap increased profits from electricity prices which are moving higher because of shortages of generating capacity. This is a self-generating vicious cycle for electricity consumers which enriches power generators to the detriment of consumers and business.
Tagged: electricity prices
Premier Annastacia Palaszczuk’s State of the State speech is misleading, and at times completely wrong, on electricity issues.
But renewables are in fact more expensive, and if you want to cure high prices, the last thing you would do is dose up on the problem.
Privatising assets didn’t cost Newman his election. Ignoring basic politics did.
Next year’s State Election is shaping as a referendum on the LNP Government’s privatisation agenda. But as well as asking whether they want state assets leased, voters should also ask whether last century’s government ownership model is still the best way to deliver services.