Australian politics, society & culture

Stop Moaning About Electricity Prices

Wednesday, 8 August 2012 - 12:44am
PoliticOZ position: 
General Content Item: Middle Column

"The beautiful thing about the politics of electricity prices is that everything is true. It’s true that the carbon tax is increasing the price of electricity (that’s the idea of it). It’s true that state governments have been price gouging to some extent, playing the arbitrage between their real cost of capital and what the regulator allows... Politicians can make virtually any claim they like about electricity and it’s true!"