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Shining a light on affordable reliable electricity

By Geoff Carmody - posted Wednesday, 11 September 2019


The draft report is required by 30/6/2020, the final by 31/12/2020."

Bottom line? If Australia is to fix its energy market mess, it must define, quantify, and address its causes. Aren't most directly caused by government policy? These can be reversed – if we want to.

Concentration on market failure symptoms, as now, is really palliative care, not a cure.


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[1]2019 Electricity Statement of Opportunities, August 2019, A report for the National Electricity Market, AEMO.

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About the Author

Geoff Carmody is Director, Geoff Carmody & Associates, a former co-founder of Access Economics, and before that was a senior officer in the Commonwealth Treasury. He favours a national consumption-based climate policy, preferably using a carbon tax to put a price on carbon. He has prepared papers entitled Effective climate change policy: the seven Cs. Paper #1: Some design principles for evaluating greenhouse gas abatement policies. Paper #2: Implementing design principles for effective climate change policy. Paper #3: ETS or carbon tax?

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