The shocking warning that already-sky high energy prices in Australia could soar by as much as 50 per cent in the next year has nothing to do with the conflict in Ukraine.
Thirty-one years after Australia embarked on electricity ‘reform’—corporatisation, privatisation, deregulation, national electricity market, and the renewable energy target—the experiment has been a massive failure.
The following release is an article by Robert Barwick in the 29 May 2019 Australian Alert Service, the weekly magazine of the Citizens Electoral Council.
Who benefits from electricity price spikes to $14,500/MWh, and who pays? Don’t let debates about climate change and renewables blind you to possible cases of vested interests being allowed to exploit the market and gouge the public.
