doing fifo financially smart
HomeMining Industry News Uncertainty reigns over renewable energy targets as governments bicker

Uncertainty reigns over renewable energy targets as governments bicker

Tuesday 3rd of January 2017 09:54:53 AM



According to the climate change and energy specialists, the arguing between state and federal governments on renewable energy targets is creating massive uncertainty.

David Blowers from the Grattan Institute says investors, utilities, industry and householders are in the dark about what to expect in 2017.

Mr Blowers said the only certainty was that electricity prices would rise for everyone.

"Electricity prices have already been factored into next year and they're going to be higher," he said.

"Tackling a new energy system makes that inevitable.

"Replacing a lot of generation stock and infrastructure with a whole lot of new stuff is expensive, so prices will rise.

"What we'll see, if there's no agreement around Australia's climate change policy, is that for the foreseeable future, price increases will be greater than they need to be."



Read Full Story Here

Recent Related News

Y Fronts teaser banner MiningLink prefered resume writers Civil Link Banner
Underground Auto Electrician
Underground Auto Electrician Competitive Hourly Rates! Temp-to-Perm Opportunity 2/1 & Even-time Rosters Due to continued growth & future opportunities, our clients is expanding their team and are currently seeking Auto Electricians with experience in underground operat

Csa Auto Electrician
Downer Mining seeking experienced underground Auto Electricians for a hardrock project in NSW - Immediate start - 7/7 even time roster - Camp accommodation - Flights or travel allowance

Chefqualifiedfull Time
Morris Corporation currently has an opportunity for a Qualified Chef who is looking for the following; - Work life balance on a 2;1 roster - Full-time role

Chefqualifiedfull Time
Morris Corporation currently has an opportunity for a Qualified Chef who is looking for the following; - Work life balance on a 2;1 roster - Full-time role

Chefqualifiedfull Time
Morris Corporation currently has an opportunity for a Qualified Chef who is looking for the following; - Work life balance on a 2;1 roster - Full-time role

Regional Cities Show Resilience After Mining Boom Goes Bust, Productivity Commission Report Says
Benefits from the mining boom are still being felt in regional areas despite the prolonged downturn, according to a report from the Productivity Commission. Read Full Story Here

Byron Shire Council Rejects Westpac On Adani Mine
Byron Shire Council has upped the pressure on Westpac over any potential funding of the Adani mine by voting to withdraw the $1 million it has with the bank. Read Full Story Here

US Oil Giant Chevron Faces $300 Million Tax Bill After ATO Court Victory
US oil and gas giant Chevron faces one of the largest tax bills in Australian history after failing to overturn a Federal Court judgement being pursued by the Australian Tax Office. Read Full ....

Adani Faces NAIF Threat
A fossil fuels policy being pushed by an internal lobby group in the Labor Party has raised questions about what it might mean for major projects in North Queensland, such as a rail line to ....

Argentina Looks To Strengthen Trade Relationship With Australia Argentina Looks To Strengthen Trade Relationship With Australia
Relationships between Argentina and Australia appear to be strengthening under the new Argentine government. This year alone, representatives from Argentina have made more official visits to this ....