Australia's largest stock trading and investment forum Australia's #1 stock forum

The US had the Enron scandle that disappeared With the twin...

First 32622 Last

Share
Profile

Follow
Facthunter

10,848 Posts.

815

24/04/24

21:22

Post #: 73505943
Share

Originally posted by Sailor FNQ: ↑

It's almost two years since Australia's energy system was thrown into chaos by a perfect storm of problems.
Sky-high gas and coal prices, a global economy roaring back from COVID, a spate of outages at aging coal-fired power stations, and an unusually cold start to an Australian winter.
All of these things are in the rear-view mirror.
And yet power bills in Australia are still high, certainly much higher than before all of those things happened.

https://www.abc.net.au/news/2024-03-20/draft-electricity-benchmark-prices-explainer/103592938

Why is this?

And why are we continuing down this ever increasing power bill path?

Expand

The US had the Enron scandle that disappeared
With the twin towers, same game different country.
1 Upvote

Reply

There are more pages in this discussion • 757 more messages in this thread...

First 32622 Last