Abstract
In the new competitive order, Australian electricity systems have been oriented to growth of electricity sales based on low margins and the capture of market share. Electricity is a premium fuel. The second law of thermodynamics testifies to this, as does the relationship between coal-fired electricity and the negative externality of greenhouse warming. Electricity prices should reflect its status as a premium fuel. Ease of transition in such a regime would be fostered by the taking up of options for energy efficiency and renewable sources of supply.
| Original language | English |
|---|---|
| Pages (from-to) | 28-36 |
| Journal | International Journal of Environment, Workplace and Employment |
| Volume | 3 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 2007 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
Keywords
- Environment and Resource Economics
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