
Blame Liberal climate change denialists for high power prices: Turnbull
The Liberal Party is to blame for current high power prices because the party is “incapable” of addressing climate change, former prime minister Malcolm Turnbull says.
The Liberal Party is to blame for current high power prices because the party is “incapable” of addressing climate change, former prime minister Malcolm Turnbull says.
The re-elected Morrison Government needs to outline clear – and friendlier – renewable energy policy to avoid an investment strike that would put upward pressure on power prices, analysts say.
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A “big stick” will be taken to energy companies in a bid to force immediate price reductions and win Malcolm Turnbull support for his national energy plan.
Malcolm Turnbull has received the strong endorsement of the Coalition party room for his signature energy policy, after fending off last-minute attacks from predecessor Tony Abbott.
AGL has boosted full-year profits courtesy of a surge in wholesale power prices which helped counter lower retail earnings.
A month out from the Marshall Government’s first Budget, Treasurer Rob Lucas says taxpayers are about to be hit by a $45 million spike in the price of electricity supplied to government – and he’s blaming Labor.