EUAA Submission: DCCEEW Electricity & Energy Sector Plan – Discussion Paper
Emily Wood | April 26, 2024
‘… We support governments setting policies to drive the transition to net-zero, but governments need to be seen to be supporting the transition financially instead of transferring the costs and risks to consumers. We are concerned that at some point in the not-too-distant future, consumers will be unable or unwilling to continue funding the transition. Further, if large energy consumers cease to exist due to the rising cost of energy, who will be left to make the everyday items used by all Australians? How will we maximise the “home grown” potential of the energy transition? We have recently seen one large energy consumer collapse due in part to the cost pressures of energy contracts2. We cannot allow demand destruction to be a path to decarbonisation of the economy….’
