The Energy Users Association of Australia welcomed the release of the terms of reference for the 2017 Climate Change Review and is hopeful it will result in a stable, long-term policy environment.
Energy and climate change policy has been a rollercoaster ride over the last 10 years and most stakeholders, including energy users, have an extreme case of motion sickness.
Electricity and gas bills have escalated sharply over the last 10 years while energy security and the future of gas markets are uncertain.
“We need investment grade policy that can be trusted to last beyond the next election cycle. If this isn’t achieved, energy users will continue to suffer from increasing costs and decreasing energy security, ” said EUAA CEO Andrew Richards.
Listen to more from EUAA CEO on this issue here.
Catch up on this story from The Australian.