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Will the lights go out in Victoria or just industry? : Comments
By Tom Quirk and Paul Miskelly, published 14/2/2017The real distortion to the system is the treatment of wind generated power.
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The single problem with your idea to plunder the gas companies after they have spent $bns developing an export market is that the companies have a right to sue the government for loss of profits.
The end result is that they will still be getting the same amount per unit of gas, except that the difference will be made up by the taxpayer.