Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Someone tell Bowen that it’s total power costs that matter, not wholesale

Recall that Labor promised before the 2022 federal election to reduce average household electricity bills by $275 by 2025. This modelling was subsequently used as the basis of Labor’s fantastical 82% renewable energy target (RET), which became the foundation for the fanciful CSIRO GenCost Report and AEMO’s Integrated System Plan. Labor’s pledges were then smashed The post Someone tell Bowen that…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

Read the original at macrobusiness.com.au →

More in Finance & Markets

More from Wednesday 11 November →