He said the decisions were undermining the intent of the national electricity market, which supplied more than 10 million customers across the eastern states.
Mr Buckley argued governments were well-placed to fast-track the transition because their bigger balance sheets meant they could afford to bankroll more projects. "What the State Electricity Commission is proposed to do is to be a strategic owner and developer of renewable energy assets," Mr Buckley said."And the reality is they could easily partner with [a superannuation fund] that could easily co-invest with them but where they keep strategic control of the asset."
She said it made little sense for governments – and by extension taxpayers – to take on so much extra risk when private investors were queuing up to fund the work.
All the Labor party's doing. Dan... Release your gas you mung bean! You let nearly 1000 people die during COVID and now you want to kill your state, with totally uneconomical energy. What a total clown.
Remember TELSTRA? Dan Andrews probably bought in to that. Victoria...State of Debt. Was a good idea at the time 🤣🤣 auspol
This is incredible news well done
Power prices are going to hit the roof until people vote these kind of ideas out of power
No question that Victorian voters are getting the government they deserve. vicpol
So conservatives - STILL think that repealing the carbon tax a decade ago was a good idea ? What is it about conservatism that makes strategic thinking anathema ?
Hoping QLD govt does the same. The payroll guy would work on One morning a week, the rest of the time read the 📄. The staff member that sat in my research library, no idea what his job was. The good ‘ol days.
It’s about time , public ownership is the way
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