https://www.theguardian.com/australia-news/2022/oct/17/public-ownership-of-power
Public ownership of power assets key to smooth shift to renewables, Queensland energy minister says.
Government also able to offset impact of higher energy prices globally following Russia’s invasion of Ukraine, Mick de Brenni says.
Rebates of $175 per household will this year total $385m “that would otherwise have gone to overseas shareholders”, de Brenni said.
“Because Queenslanders chose to keep energy assets in public hands, we have unprecedented control to guide the transformation of our energy system,” he said.
[Post edited 16 Oct 2022 19:31]
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