Australia:
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Australia:
"Business and energy industry leaders have warned the Coalition that abandoning a net zero emissions target will not cut power bills, undermining the core promise of Sussan Ley’s signature new policy.The opposition leader spent Monday selling the strategy, which includes abandoning any net zero target, dismantling the government’s climate policies, pumping more gas into the market and extending the life of coal-fired power stations."
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Australia:
"Business and energy industry leaders have warned the Coalition that abandoning a net zero emissions target will not cut power bills, undermining the core promise of Sussan Ley’s signature new policy.The opposition leader spent Monday selling the strategy, which includes abandoning any net zero target, dismantling the government’s climate policies, pumping more gas into the market and extending the life of coal-fired power stations."
"Australia's energy chiefs have warned against the country turning away from its net zero ambitions, but cautioned that electricity prices are unlikely to fall for at least a decade."
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"Australia's energy chiefs have warned against the country turning away from its net zero ambitions, but cautioned that electricity prices are unlikely to fall for at least a decade."
"While some politicians and commentators are falsely claiming that scrapping a net zero by 2050 commitment will somehow reduce household bills, this analysis proves that delaying the switch to renewable energy would in fact add another $4.5-6 billion every year onto household power bills.
This equates to an extra $449-$606 for every household on average."
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