Top business leaders warn electricity prices will take years to fall

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

Top business leaders have warned electricity prices will take years to return to pre-pandemic levels.

Experts warn clean energy projects are not progressing, with coal still generating about two-thirds of the country’s electricity.

They say Labor’s pledge to triple the amount of renewable energy by 2030 is at risk due to the lack of green power. Failure to build replacement energy supplies may force the government to renegotiate its promise to slash $275 from household bills by 2025.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines