PRIME Minister Julia Gillard has given the states four months to come up with ways to slow surging energy prices or face market watchdogs with more powers to ease the pressure on households.
…Ms Gillard said the average electricity bill had risen by at least 48 per cent over the past four years.
“And Australians can’t afford the same kind of increases over the next four years,” she told the Energy Policy Institute of Australia in Sydney on Tuesday. Herald Sun.
The whole point of a carbon tax is to make energy sufficiently expensive that renewables can compete with coal. Renewables are hideously expensive. QED.