leftwing logo by Lizzehhhh Left Wing
Where science talks and bullshit walks (and Memes live)

Return to public ownership of national electricity grid would reduce costs, says economist


A publicly owned electricity grid is the only way to put a cap on costs, keep energy competitive and solve the country's energy crisis, according to an economics expert.

Professor John Quiggin says the creation of the National Electricity Market has been a failure, and governments should start buying back electricity transmission networks.

He argues without the need to generate private rates of return, public ownership of the electricity grid would push costs down, leading to lower prices for consumers.



Tags: leftwing.info, leftwing, news, australia, politics, political commentary, labor, Politics, Australia, Renewables, Queensland, Climate Change, Energy
Queensland renewable energy jobs double in four months
Coalition's crisis has a simple cause: it keeps supporting deeply unpopular policies
Australian emissions to 'far exceed' 2030 Paris pledge as need for action rises: UN
Adani Carmichael coal mine: Former Indian minister sounds alarm on Adani's track record, mega-mine's viability
$2.5bn on a coal-fired power station? That's good old pork barrelling
Glencore's McArthur River Mine pays zero royalties once again; NT considers changes
Nationals call on Federal Government to phase out renewable energy subsidies
Power Giant Urges Australia to Exclude Coal in Its Clean Target
The cynical and dishonest denial of climate change has to end: it's time for leadership
13 ways Frydenberg sold 'climate policy' to coal-loving MPs
All Articles

Contact gfresh dot redshift at gmail dot com