Oh Dear, I'm Just So EmbarrassedPhoto: Jane Cumming
It commits Australian families and businesses to power bills at least 40 percent higher than needed. This is detailed in a related post - "Electricity peak period pricing a poor idea".
It commits to slugging Australian families and businesses billions of dollars for smart meters to solve a problem that wouldn't exist without the Government regulations that encourage and reward excess investment in poles and wires.
It says the Australian Government's priority is a "failing to emit a enough carbon" tax - and, wait for it... calls this reverse carbon tax on families and businesses "cost-reflective pricing"!!!
This is not a joke. It is at page 6 and 12 of the Abbott Government Energy White Paper released for April Fool's Day.
The extract below describes this priority - to impose higher power bills through a reverse carbon tax - on families and businesses encouraged previously by the Government to invest in solar panels.
The extract below from page 11 describes the policy of building an electricity supply system that is 40 per cent more costly than is needed and then slugging families and businesses with the cost of smart meters to ensure they pay more for this excess equipment that sits idle throughout each year.
The cheaper and sane option is the one Greg Hunt hit upon a couple of years ago: don't build more poles and wires than you need.
@NSW_ETU Greg Hunt put this idea on political agenda - pay ppl to not use electricity in xtreme peak periods. http://t.co/BtXBl2YM #nswpol
— Askgerbil Now (@Askgerbil) December 6, 2012