CLIMATE SPECTATOR: PM misses the gold-plating perp

Julia Gillard has launched a media offensive on power prices but her proposals – largely plagiarised from the AEMC – fail to address the key cause of recent price hikes: gold-plating.

Sorry to spoil the party but it won’t rid us of gold-plating, and in fact it’s not even her plan; it’s pretty much been plagiarised from the Australian Energy Market Commission.

Gillard’s announcement over the weekend involves the following core elements, which will require the consent of the states to be implemented:

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