Published: January 27, 2019
New powers to break up companies would decrease investment and increase prices, large industrial energy users say
Large industrial energy users have revolted against the Coalition’s proposed “big stick” powers to break up electricity companies, warning they would decrease investment and increase prices.
The Energy Users Association of Australia has warned a Senate inquiry that “populist policies do not address the fundamental reasons for high electricity prices”, concerns echoed by the Australian Industry Group and the Grattan Institute.
Continue reading...from The Guardian http://bit.ly/2Hxvmgj
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