Uncertain policies threaten $2 billion per year cost Discussion Paper

Jul 09, 2010 - 1:34pm

This paper estimates that uncertainty around whether government will place a price tag on pollution will cost the economy and consumers $2 billion a year in higher electricity prices. Prepared by economists and energy market experts, the paper estimates the additional cost to electricity users resulting from a delay in regulatory certainty on the cost of pollution.

The additional economic impacts are driven by a stop start approach to delivering public policy settings to limit pollution. This is having a profound effect – and promoting inefficient investment choices - on electricity generation and will be felt through rising electricity prices. The longer Australia waits to establish an effective policy response, the more these additional costs will impact consumers.

Email   Print   Subscribe
Contact us. For further information. Follow us. Join the conversation.

Level 15, 179 Elizabeth St.
Sydney NSW 2000
Tel   +61 2 8239 6299
Fax   +61 2 9283 8154
Site Map