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Angus Taylor

Labor’s power grid gold-plating is a rewiring tax on consumers

Labor’s plan to build non-priority transmission projects will mean higher electricity bills locked in for decades.

Angus TaylorShadow Treasurer

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Chris Bowen’s opinion piece on these pages last week served as further proof – if any was needed – of his lack of understanding of the National Electricity Market, and Labor’s lack of concern when it comes to keeping electricity bills low for Australian consumers.

His claim that the Australian Energy Market Operator’s Integrated System Plan is largely unfunded fails even the most basic test. Thirteen months on from his appointment as the opposition spokesman for climate change and energy, it is clear he still has his training wheels on – as his colleague, Joel Fitzgibbon, famously put it.

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Angus Taylor is Shadow Treasurer. This is an edited excerpt from his Warren Hogan Memorial Lecture given at the University of Sydney on Wednesday evening. Connect with Angus on Facebook and Twitter.

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    Original URL: https://www.afr.com/policy/energy-and-climate/labor-s-power-grid-gold-plating-is-a-rewiring-tax-on-consumers-20220310-p5a3ib