Australia has gone from cheapest to most expensive power

[dead0man]

link

You must be logged in to read this quote.

They should do what Germany did when their electricity got so expensive industries started leaving....give it to the rich guys for cheap while screwing over Hans Sechs Pack.  Or, ya know, slow down on closing the coal burners.

[GoTfan]

Well my power bills haven't spiked. I'm more inclined to believe this is the result of the Liberals doing everything they can to prop up the coal industry. That and the fact they are vehemently anti-green energy.

[🦀🎂🦀🎂]

I thought abolishing the carbon tax was supposed to Cut bills!

[mileslunn]

Anything to do with privatization.  My understanding is New South Wales privatized theirs recently while Queensland partially privatized and tried to privatize outright.  Off course US and UK are largely private and much lower so may not totally be the reason but it is a natural monopoly and private companies have to make a profit so there is reason to believe they might average a bit higher.  That's not to say privatization doesn't have its benefits, it takes a lot of debt off the government and the cost of upgrades are high so an IPO can raise funds for those.

[dead0man]

It's not privatization that is making their rates go through the roof.  Read the linked article.

[Lachi]

Are you able to find a source other than The Australian?

[MaxQue]

It's not privatization that is making their rates go through the roof.  Read the linked article.

So, we should believe the Australian equivalent of Fox News at face value?

[Lachi]

It's not privatization that is making their rates go through the roof.  Read the linked article.

So, we should believe the Australian equivalent of Fox News at face value?

This. You really should take The Australian with a grain of salt. Maybe a lot more, depending on the person writing the article.

[Frodo]

It's not privatization that is making their rates go through the roof.  Read the linked article.

So, we should believe the Australian equivalent of Fox News at face value?

This. You really should take The Australian with a grain of salt. Maybe a lot more, depending on the person writing the article.

Fake news?

[Lachi]

It's not privatization that is making their rates go through the roof.  Read the linked article.

So, we should believe the Australian equivalent of Fox News at face value?

This. You really should take The Australian with a grain of salt. Maybe a lot more, depending on the person writing the article.

Fake news?

Not fake news, but it is a Murdoch newspaper.

[dead0man]

which parts do you think are incorrect?

[MaxQue]

which parts do you think are incorrect?

I think it's an opinion piece. Yes, energy prices are higher, but their analysis of what causes it is merely opinion. There is also handpicking of numbers.

For exemple, Quebec, not using coal, is at 8.92 c, lower than anyone on that table.