Ideology and idiocy in national energy policy

The Australian Greens have called for the establishment of a government-owned energy retailer, Power Australia, in order to bring down energy prices and drive emissions reduction ‘by providing a guaranteed buyer for clean energy’ to ‘contract the next wave of renewable energy projects’.

Of course, you’d expect such a call from the Greens, but calls for investor certainty in the clean energy market have also been coming from industry, as the government struggles to develop a coherent, bipartisan energy policy (as has just happened in New Zealand).

In the wake of the recent ousting of Malcolm Turnbull over the emissions reduction components of the National Energy Guarantee (NEG), new Prime Minister Scott Morrison decided to decouple carbon emissions from government energy policy.

— Read more over at Eureka Street

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