Greens would push energy prices down
A new analysis of the energy policies presented by the major and smaller parties contesting the Queensland state election shows that the Greens would deliver the biggest electricity savings.
Labor would also push prices down, while One Nation and the LNP policies would force prices to rise.
Energy has emerged as one of the key factors in the Queensland poll, with the LNP and One Nation pushing for coal, and new coal-fired generators, while the ALP and the Greens are focused on clean energy, and targets of at least 50 per cent renewables by 2030.
The analysis by Queensland-based energy expert Hugh Grant concludes that there would be a wide range of price impacts arising from the various policies, ranging from a price reduction of around $600 a year from the Queensland Greens’ policies, to a price increase of around $30 from the LNP’s policies.
The full report says there are a number of factors driving the differing price impacts, but the key outcomes are the treatment of carbon and renewable policies, and how much profit from the government-owned energy companies the parties are willing to forego.
What do you think? Would you be more likely to vote for a party that could reduce your energy bills?