9 August 2012
lectricity prices and greater public scrutiny on energy sources will play an important role as Australia looks to address issues of energy security, Shadow Minister for Energy and Resources Ian Macfarlane said.
Mr Macfarlane today spoke to the Australian Institute of Energy in Adelaide, telling delegates that the South Australian energy sector had an important place in ensuring national energy security.
“In Australia while we are blessed with a diverse range of energy options, the price of electricity is on the way up, a trend that will only be exacerbated for as long as the carbon tax remains in place,” Mr Macfarlane said.
“No matter what the Prime Minister now claims, the simple truth is that the greatest cost pressure on electricity prices at the moment is the carbon tax.
“The Gillard and Rudd Governments have dropped the ball on energy market reform and for the past five years have failed to show any interest in continuing the ongoing process of reform that started under the Howard Government.
“Julia Gillard’s light bulb moment that electricity prices are causing pressure on family budgets comes five years too late, given her senior roles in Labor Governments which have given scant attention to energy market reform and energy security.
“Questions about the reliable supply of electricity, at an affordable price, are no longer the domain of the industry specialists, nor should they be subjected to political point scoring as this Government attempts to divert attention from the impacts of its carbon tax.
“Even though coal-fired electricity is still dominant, and is likely to maintain that position in the short to medium term, the gas industry is making ground.
“But it’s not without its problems, and as the Eastern states grapple with issues regarding domestic gas use and resolving concerns between the CSG industry and communities, there is a clear role for South Australia to cement its role in East Coast energy security.
“It does matter how Australia will be able to meet the demands of energy users in the future – where and when they want their power – and most of all it matters how much it will cost.
“While the Gillard Government casually muses over questions that should have been front and centre of its policy agenda for the last five years, the Coalition is determined to address the serious questions of energy security and affordable electricity, to enable strong economic growth in the future.”