ATA launches six-point ‘Cheap Energy Target’

The Australian Taxpayers Alliance (ATA) has launched a six-point Cheap Energy Target (CET) campaign.

The ATA said its campaign will “greatly benefit Australians nationwide who are struggling under some of the developed world’s highest electricity bills”.

The CET presents a six-point solution that will lower power prices, according to ATA director of policy Satyajeet Marar.

“It is absurd Australians pay so much for electricity when we are home to 30 per cent of the world’s uranium and are a leading exporter of coal,” Satyajeet Marar said.

“High electricity prices hurt Aussie families and businesses while destroying our productivity and competitiveness.

“They have driven quality jobs and industry overseas to countries like the USA where locals pay a fraction of what we pay for their electricity.”

The six-point plan calls for nuclear power ban in Australia to be lifted.

“Nuclear power is an innovative industry that could provide reliable and cheap power with a quarter of the carbon footprint of a solar farm,” Mr Marar said.

“New technology produces a fraction of the waste of old generation reactors and Australia’s stable geography is the ideal ground for developing nuclear energy.

“Yet our government maintains an absurd moratorium that prevents us from harnessing the 30 per cent of the world’s uranium located in Australia, while the UK, China, Russia and India amongst other countries are investing billions in new plants.

“Failing to reverse this law will hurt future generations, prevent the creation of tens of thousands of new jobs and result in the rest of the world leaving us behind.”

The six points are:

  • Lift the ban on clean and cheap nuclear power
  • Reduce overreliance on heavily subsidised, expensive and unreliable wind and solar as well as expensive natural gas
  • Abolish the Renewable Energy Target now (instead of in 2020)
  • Withdraw from the Paris Accord
  • Privatise transmission and distribution networks to lower prices for consumers
  • Prioritise energy rebates for those who need it the most, such as by means testing the family tax benefit A and B (currently available to those who earn up to $150,000 a year) to create or increase rebates to the poor, pensioners, those on disability support and others in need.