{"id":15104,"date":"2017-04-06T18:36:11","date_gmt":"2017-04-06T22:36:11","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=15104"},"modified":"2017-04-06T18:36:11","modified_gmt":"2017-04-06T22:36:11","slug":"the-inconvenient-truth-behind-the-rise-in-energy-prices","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/06\/the-inconvenient-truth-behind-the-rise-in-energy-prices\/","title":{"rendered":"The inconvenient truth behind the rise in energy prices"},"content":{"rendered":"

From Brian Robins:<\/p>\n

\n“The inconvenient truth is that the increasingly high prices for increasingly unreliable electricity are a direct consequence of the increasingly high utilisation of renewable energy required by government regulation,” Gary Banks, a former head of the Productivity Commission, said in a speech to Infrastructure Partnership Australia on Thursday night.<\/p>\n

\"\"<\/a><\/p>\n

…”Energy markets are admittedly complicated things. However the logic is unassailable that if a cheap and reliable product is penalised, while expensive and less reliable substitutes are subsidised, the latter will inevitably displace the former. No amount of sophistry, wishful thinking or political denial can change that basic economic reality.”<\/p>\n

“Changing the mix of energy use away from low-cost but emissions-heavy fossil fuels has of course been the whole point,” he said. “The resulting costs and difficulties have been greatly compounded, however, by governments choosing a policy path that is essentially anti-market, one violating basic principles of demand and supply.”<\/p><\/blockquote>\n

Source: The inconvenient truth behind the rise in energy prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

From Brian Robins: “The inconvenient truth is that the increasingly high prices for increasingly unreliable electricity are a direct consequence of the increasingly high utilisation of renewable energy required by government regulation,” Gary Banks, a former head of the Productivity Commission, said in a speech to Infrastructure Partnership Australia on Thursday night. …”Energy markets are … <\/p>\n

Continue reading “The inconvenient truth behind the rise in energy prices”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,5],"tags":[],"class_list":["post-15104","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-economy"],"yoast_head":"\nThe inconvenient truth behind the rise in energy prices - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The inconvenient truth behind the rise in energy prices - the patient investor\" \/>\n<meta property=\"og:description\" content=\"From Brian Robins: “The inconvenient truth is that the increasingly high prices for increasingly unreliable electricity are a direct consequence of the increasingly high utilisation of renewable energy required by government regulation,” Gary Banks, a former head of the Productivity Commission, said in a speech to Infrastructure Partnership Australia on Thursday night. …”Energy markets are … Continue reading "The inconvenient truth behind the rise in energy prices"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/06\/the-inconvenient-truth-behind-the-rise-in-energy-prices\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-06T22:36:11+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/thepatientinvestor.com\/wp-content\/uploads\/2017\/04\/1491491325588.jpg\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2017\\\/04\\\/06\\\/the-inconvenient-truth-behind-the-rise-in-energy-prices\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2017\\\/04\\\/06\\\/the-inconvenient-truth-behind-the-rise-in-energy-prices\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"The inconvenient truth behind the rise in energy prices\",\"datePublished\":\"2017-04-06T22:36:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2017\\\/04\\\/06\\\/the-inconvenient-truth-behind-the-rise-in-energy-prices\\\/\"},\"wordCount\":171,\"commentCount\":7,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2017\\\/04\\\/06\\\/the-inconvenient-truth-behind-the-rise-in-energy-prices\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2017\\\/04\\\/1491491325588.jpg\",\"articleSection\":[\"Australia & NZ\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2017\\\/04\\\/06\\\/the-inconvenient-truth-behind-the-rise-in-energy-prices\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2017\\\/04\\\/06\\\/the-inconvenient-truth-behind-the-rise-in-energy-prices\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2017\\\/04\\\/06\\\/the-inconvenient-truth-behind-the-rise-in-energy-prices\\\/\",\"name\":\"The inconvenient truth behind the rise in energy prices - 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Breach would be likely to penetrate the rising trendline, indicating another test of primary support at $1320. Reversal below $1400 would warn of a further down-swing. 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In an inversion of the social hierarchy of Yes Minister, it would appear that Australia has at least one courageous\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65386,"url":"https:\/\/thepatientinvestor.com\/index.php\/2026\/07\/22\/the-foundations-of-australias-housing-boom-are-being-tested-robert-burrows\/","url_meta":{"origin":15104,"position":4},"title":"The Foundations of Australia\u2019s Housing Boom are Being Tested | Robert Burrows","author":"Colin Twiggs","date":"July 22, 2026","format":"quote","excerpt":"by Robert Burrows 21 July 2026 For years, Australian residential property has been viewed as a one-way bet. Mention the possibility of falling house prices and you\u2019re often met with disbelief. Population growth, constrained housing supply and a deeply ingrained belief that property always goes up have combined to create\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6311,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/02\/why-is-australia-paying-japanese-prices-for-natural-gas\/","url_meta":{"origin":15104,"position":5},"title":"Why is Australia paying Japanese prices for natural gas?","author":"Colin Twiggs","date":"December 2, 2012","format":false,"excerpt":"Australian-born chairman and CEO of the Dow Chemical Company, Andrew Liveris, talks with Alan Kohler on ABC Inside Business about the US fiscal cliff and why Australia needs a cohesive energy policy. \"We have to create an infrastructure such that we can have gas-on-gas on competition domestically. 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