Article 709J9 Electricity generation costs would be up to 50% higher if Australia stuck with coal and gas only

Electricity generation costs would be up to 50% higher if Australia stuck with coal and gas only

by
Patrick Commins Economics editor
from on (#709J9)

Griffith University experts reveal the 30% increase in consumer power bills since 2021 would have been worse under fossil fuel-only scenario

The cost of generating electricity would be up to 50% higher today if Australia had relied solely on coal and gas instead of pursuing renewables, according to new analysis.

Right-leaning politicians and climate deniers have seized on the 30% increase in electricity bills since 2021 to call for new coal-fired power plants to replace renewable projects, claiming it would bring down energy bills.

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