As Prime Minister Malcolm Turnbull pushes back against pressure from his backbench to subsidise coal, arguing that backing one technology over another is a recipe for higher power prices, Conservatives leader Cory Bernardi has called for a reality check on power generation.
The Guardian reports, campaigning in Queensland after a new report from Australia’s Competition and Consumer Commission (ACCC) suggested Australia’s electricity market was broken, Turnbull said he was focused on the task of lowering energy prices for consumers.
“And the one thing we know is that government subsidising one technology or another, as [ACCC chairman] Rod Sims said today, is only going to result in higher prices,” he said.
The Conservative Party has long advocated a competitive tender approach to contract out the government's $450 million annual power requirements which will fix the problems in our energy market and also save taxpayers money.
Senator Bernardi agrees that there should be no subsidies for electricity providers but he’s also again called on Sky News for Australia to pull out of the Paris climate accord and adopt a common sense approach to providing Australians with electricity.
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