Where is the energy solution?

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We’re all waiting with bated breath for the energy solution. Including those deep in the know:

“That $76 billion in investment to deliver the transition … needs to be paid for.”

The federal budget estimated an increase of 56 per cent in power bills for households over the next two years, and Mr Calabria warned that there were limits to the magnitude of price increases the community could absorb on the premise it would result in cheaper and cleaner energy over time.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.