A power bill dilemma for the Coalition - Business Spectator
Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report. Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website. Writing in a trade magazine, Robert Barr, the veteran power engineer who is president of the Electric Energy Society of Australia, opines that we are fortunate to live in a wealthy country with the luxury of being able to make sub-optimal energy... What’s clear to him (and he is far from alone among professional observers of the electricity industry) is that, after years of political intervention, “the Australian energy mix is not optimized for cost efficiency or environmental outcomes”. Barr’s views coincide with a new commentary from the Energy Supply Association -- no relation. Both were pushing forward these opinions before Bill Shorten and the Labor Party sprung their winter renewables offensive in the form of commitment to a goal of 50 per cent use of the technology in energy production by 2030. Going on cost... Source: www.businessspectator.com.au
