Our GM of Australia, Rod Boyte, gives a stern warning about the demise of the NEM.

Even before the National Energy Guarantee (NEG) gets signed off we are already seeing debate around whether a higher emissions target will increase the price of power or not. Some are saying that the price of power would be lower with a higher emissions target. It is difficult to see the logic in their argument.

At the start of a new year it is timely to look back over the last couple of years and view how energy policy has impacted on energy pricing, and how it might change going forward.