Net Zero to Force Electricity Prices Up 35 Percent, Aussie Energy Boss Warns

Net Zero to Force Electricity Prices Up 35 Percent, Aussie Energy Boss Warns
A display of compact flourescent light (CFL) bulbs is seen at the City Lights Light Bulb Store in San Francisco, Calif., on Jan. 31, 2007. Justin Sullivan/Getty Images
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The head of one of Australia’s largest energy companies has warned electricity prices in the country could spike by more than 35 percent amid the push for net-zero.

“When we run our modelling for energy pricing next year, using the current market prices, tariffs are going up a minimum 35 percent,” said Jeff Dimery, CEO of Alinta Energy.

Daniel Y. Teng
Daniel Y. Teng
Writer
Daniel Y. Teng is based in Brisbane, Australia. He focuses on national affairs, including federal politics and Australia-China relations. Got a tip? Contact him at [email protected].
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