ELECTRICITY Consumers will wake up only when there are blackouts: economists*

Two of Australia’s most respected economists, Gary Banks and Fred Hilmer, have warned that Australia is facing a crisis over electricity supplies, but that the public will only wake up to it when faced with blackouts, which could come as early as this summer. “Time for that energy debate!” Their remarks were reported in The Australian, and followed a discussion chaired by Brendan Lynn, the head of Infrastructure Partnerships Australia, with the economists. They said that in an inc…

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