Angus Taylor signals further taxpayer investment in existing coal and gas | Australia news | The Guardian

Why do Politicians ignore the experts and try to con the public? ( ODT)

But while there is evidence from market analysts and analysis from the government’s energy bodies that renewables has led the price drop because of a big increase in supply contracted into the market courtesy of the renewable energy target, Taylor attributed the recent reductions to the government’s intervention in the gas market, and regulatory reforms, including forcing retailers to be more transparent about their pricing.

While coal proponents in the Coalition declare new coal investment means lower prices, the Australian Energy Market Commission has predicted prices will fall over the next two years because of the entry of 5,300 MW of new generation capacity into the national electricity market – most of it renewable projects.

via Angus Taylor signals further taxpayer investment in existing coal and gas | Australia news | The Guardian