NSW: differing views on drivers of electricity prices increases

31 Mar 2010Archived News Climate Change Matters

On March 18, a number of media outlets carried stories covering the decision of the NSW Independent Pricing and Regulatory Tribunal's (IPART) decision to award unprecedented increases in electricity prices

The coverage, which considered the impact on prices of both the IPART's decision and a possible CPRS, provoked a media statement from the Office of the Minister for Climate Change, Penny Wong. The Minister's media statement strongly countered the media reports which claimed that electricity prices would rise by 64%, and implied that the IPART increase accounted for only 42% of the total increase, with the impact of a CPRS increasing electricity prices by as much as 22%.

The statement from the Minister's office began, "Claims that the Carbon Pollution Reduction Scheme is driving electricity price rises in New South Wales from July this year are simply wrong".

Read The Sydney Morning Herald article, 

Join the conversation