Thursday, October 31, 2019

Clean energy, cheap prices

Last night, Alan Kohler summed it up on ABC News:

Electricity prices are falling because of all the renewable energy being built.

It's common economic knowledge that when you increase supply of a product, the price goes down. But for some reason politicians continue to pretend it's the environment versus the economy. It's not.

If we build more clean energy, prices keep coming down and everyone can pay less for power. Sounds like a convenient solution!

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