Energy prices in Queensland and around Australia are all going up or about to go up a lot (http://www.solarpay.com.au/how-to-sidestep-electricity-price-rises.html).
They’re going up, not because of climate change and carbon taxes but because of another reason. That reason is that they were too cheap in the past, it’s now time to pay for the cheap electricity of the past.
In the past what people paid for energy was much less than it cost. How come?
It’s basic accounting so let’s look at a very simplified example.






