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Flat White

This week’s big energy announcements? Just another nail in the coffin of low-cost power

17 September 2020

11:17 AM

17 September 2020

11:17 AM

The government’s energy policy announced this week is another milestone in the demise of what was once the world’s lowest-cost energy market. The slow fuse priming the bomb was lit in 2001, when Prime Minister John Howard Mandatory Renewable Energy Target (MRET) requiring electricity retailers to include two per cent of exotic renewables (wind and solar) into their electricity supply. 

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