Political hot air clouds the bigger energy picture

By Keith Orchison

In somewhat the same vein, in one of the submissions Warburton has received, Gas Energy Australia (representing domestic sellers of LPG, LNG and compressed natural gas) argues that “arbitrarily mandating the use of certain technologies and forcing customers to subsidise their cost results in prices being higher than if all technologies are allowed to compete objectively on the basis of abatement performance and cost”.

It is perhaps notable that Environment Minister Greg Hunt emerged in the past week to remind us the panel chaired by Dick Warburton is challenged in its renewable energy target review to “find a balance between jobs and investment and removing pressure on electricity prices”, not a balance between the 490 submissions it has received.

Read more here: Business Spectator


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