Few facts in a sea of lies re NEG debate

This chart from a year ago demonstrates the realities of Australian electricity prices, right up there with nations that have the highest renewables generation. Keep those facts in mind when GreenLabor politicians rave on about “renewables reducing prices”. Chart is from the AFR.

Another fact is AGL full year profit almost trebles on higher electricity prices – and Govt has done next to zero to prevent powerful players gaming the system. I can not see a NEG that is approved by GreenLabor States doing that much to reverse the explosion in prices. I expect coal fired generation to be neglected and underused adding to the effect of future closures but no clear information will be public about this.