As you do … on cheap electricity and a gas-led climate emergency.
The late, great John Clarke, together with fellow comedian, Bryan Dawe, explain Australia’s energy market. [Videos might only be available to Australian audiences.]
But don’t mention the planet.
You have to wonder if those companies with large long term contracts for electricity are paying proportionately much less than small users of electricity? It would make sense. Discounts for bulk purchases are pretty standard, aren’t they? I wonder if small users are thereby subsidising the big users? Do we know by how much? On top of that, the Australian government has committed $600 million to fund a new gas-fired power station to boost capacity when domestic demand and hence, gas prices. peak. As gas is expensive and government will want to reduce the budget deficit incurred from the pandemic (including clawing back the cost of its gas-led recovery investments), it doesn’t sound like future electricity prices will be minimised. Maybe this will just spur more businesses and individuals to go off-grid? That is likely to make it even more expensive for those who can’t afford to make that switch. It doesn’t seem to be a win for the hip pocket or the planet. Who does win then?