The opposition’s first detailed policy costings show Peter Dutton is prepared to ditch traditional Coalition principles in chasing an election win.
Friday the 13th marked an auspicious day for the Coalition’s free market principles, as Opposition Leader Peter Dutton declared his government would spend tens of billions of taxpayers’ dollars to achieve his nuclear ambitions.
The Dutton plan says renewable energy would not exceed 53 per cent of the grid’s supply, a level set to be reached sometime in 2026, largely through projects already under way.so he can attack the Albanese government over its failed, ill-advised 2022 election promise to cut household power bills by $275 by next year.As opposition energy spokesman Ted O’Brien said on Saturday: “Our focus is not trying to ensure investors make a buck. Our focus is trying to ensure households save a buck.
But there is also a problem with the opposition’s claim its plan is 44 per cent cheaper than the government’s. The planThe modelling cited by the opposition assumes industrial energy use will fall 45 per cent by 2030. It is also betting against growth in future industries that use vast volumes of energy, such as data centres, AI and cryptocurrencies.University of NSW senior researcher Dylan McConnell said this spells a significant reduction in energy use, or “load”, from businesses such as aluminium smelting and manufacturing.
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