Victorian consumers used to enjoy some of the cheapest energy in the world; manufacturers thrived on low-cost gas and electricity. Not any more.
Another step toward greater customer confidence in the Australian natural gas market has been achieved this week, with the implementation of new disclosure rules for pipeline transportation costs.
Activists like to try to portray resource companies as bullies – despite the ongoing evidence that they themselves are commonly the source of vitriolic attacks.
The Australia Institute has again exposed itself as a blatant exponent of environmental dogma in its latest publication – a submission to the Scientific inquiry into Hydraulic Fracturing in the Northern Territory.
There is good news for manufacturers and industrial users in the latest report on natural gas pricing – but householders in Victoria and NSW may feel they are missing out.
South Australian Greens leader Mark Pownall is flying his colours proudly this week: more wind and solar energy, no matter what the cost and what the impact on people.
Last month we reported the positive draft finding of the scientific inquiry into Hydraulic Fracturing in the Northern Territory. The inquiry made a number of recommendations about regulations and initiatives to protect land and water, but its over-arching conclusion was that the ‘fracking’ risks were manageable, and with good regulation, in some cases could be eliminated altogether.
When the heat was on in eastern Australia last week, there was very little wind. For this reason, wind-power rich South Australia was relying on brown-coal electricity from Victorian generators 1000km away – and they were paying a pretty price for it.