ENQUIRE HERE
 
< Back to News Archive

 
posted on:
July
16
2014

Carbon tax merely a blip in power price scandal

 

Source: The Age, 16 July 2014


Prime Minister Tony Abbott is right about one thing: the price of electricity has shot up and is now a lot higher than it should be. It's a scandal, in fact. Trouble is, the carbon tax has played only a small part in that, so getting rid of it won't fix the problem.


Until a rotten system is reformed, the price of electricity will keep rising excessively, so I doubt if many people will notice the blip caused by the removal of the carbon tax. (As for the price of gas, it will at least double within a year or two, as the domestic price rises to meet the international price, making the carbon tax removal almost invisible.)


Read more HERE