Energy Council welcomes government decision on divestment bill

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The Australian Energy Council’s Chief Executive Sarah McNamara said, “we will continue working with the Government and the Australian Competition and Consumer Commission on the many positive reforms proposed in its report to drive prices down.

“As the ACCC report acknowledged, the key to bringing down energy prices for Australian families and businesses is a stable policy framework that provides certainty for investors.

“The energy industry remains focussed on s upporting measures that will stimulate investment and deliver cheaper power for Australian households and businesses.”

A copy of the Australian Energy Council’s submission on the divestment legislation and Frontier Economics assessment is available here.