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Hover over the image to see what various politicians have said about Australia’s energy transition. Source: SBS News
This election, Labor is offering to continue rebates aimed at lowering power bills, while the Coalition claims nuclear and more gas is the pathway forward.
What is the Coalition promising on power bills?
The Coalition’s plan also includes fast-tracking new gas projects and halving approval times, including a pledge to approve the North West Shelf gas expansion in Western Australia within 30 days of being elected.
Source: SBS News
“There’s no disputing the fact that if you put more supply into the market, that prices will come down,” Dutton told reporters on Sunday.
It says the first reactor would be ready by 2035, five years sooner than the Commonwealth’s science agency, CSIRO, says a plant could be built.
Like Labor, the Coalition has pledged to achieve net-zero by 2050 but is yet to provide interim targets.
What is Labor pledging on energy bills?
The policy will help households store surplus solar power generated during the day and combat the cost of peak-hour energy costs in the evening.
The grant amount remains unclear but home batteries are expected to save households roughly $1,000 on their annual power bill.
The plan will see the rebates, paid in two $75 instalments over six months, extended until the end of 2025. It follows last year’s $3.5 billion power bill sweetener, which offered $300 per household.
What are the Greens proposing to combat energy prices?
The minor party supports the electrification of households and businesses, arguing it’s the best way to reduce emissions and power bills.
