ABC muddles reasons for electricity price rises

via Errors in IPCC climate science
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The ABC Business Editor Ian Verrender writes – quote – “Ever since the carbon tax was removed, power prices have only headed one way; upwards.” Not according to my Canberra power bills Ian which show clearly how retail prices fell when the Carbon Tax was repealed. When I get time I can update this chart but there is enough here for now. After 2014 there was talk then action on the closing of Port Augusta coal fired generation which started that huge upsurge in AEMO wholesale prices. Then the closing of Hazelwood took more dispatchable power out of the grid. No wonder prices are on fire.

via Errors in IPCC climate science http://ift.tt/1F9oSq3

June 20, 2017 at 10:29PM