5 years ago
FUTURE POWER PRICES SKYROCKETING
MARK BUTLER MP
Electricity futures prices have today confirmed that the Morrison Government’s energy policy chaos will see Victoria and New South Wales experience record rising wholesale power prices this year.
The 2019 futures prices represent an increase in prices of 76 per cent in NSW, 65 per cent in SA, 37 per cent in QLD and 101 per cent in VIC, compared to wholesale prices when Labor left government.
Under five years of Liberal government anti-renewable energy policy chaos, power prices and carbon pollution have gone up, and up, and up.
Australian households and businesses are sick of the lies that come from Scott Morrison and his Energy Minister about bringing power prices down.
The fact is Australians know their electricity prices are going up and the futures market confirms prices will only keep going up in 2019 under the Liberals.
Not only have the Liberals failed to deal with their own energy crisis, for two years skyrocketing gas prices have meant Australian manufacturers are failing to secure affordable gas contracts, and the latest data shows this crisis is far from over.
Australians need a Shorten Labor Government who will invest in more renewables, bring energy prices under control and ensure affordable gas supply for Australians.
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The 2019 futures prices represent an increase in prices of 76 per cent in NSW, 65 per cent in SA, 37 per cent in QLD and 101 per cent in VIC, compared to wholesale prices when Labor left government.
Under five years of Liberal government anti-renewable energy policy chaos, power prices and carbon pollution have gone up, and up, and up.
Australian households and businesses are sick of the lies that come from Scott Morrison and his Energy Minister about bringing power prices down.
The fact is Australians know their electricity prices are going up and the futures market confirms prices will only keep going up in 2019 under the Liberals.
Not only have the Liberals failed to deal with their own energy crisis, for two years skyrocketing gas prices have meant Australian manufacturers are failing to secure affordable gas contracts, and the latest data shows this crisis is far from over.
Australians need a Shorten Labor Government who will invest in more renewables, bring energy prices under control and ensure affordable gas supply for Australians.
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