Despite the fact that "solar photovoltaic electricity cost has fallen dramatically and is almost certain to fall further" as discussed by John Quiggin, the ABC reports today that "Power prices are set to jump by 30pc".
Funny isn't it how one piece of really good news is offset by another piece of really bad news - and how this bad news is released on a slow Saturday and accompanied by ZERO analysis or justification.
The ABC really has no business pumping this stuff out - or if they want to do that then they should recall an investigative journalist and have him or her write an accompanying piece of analysis - that means something.
Here is the first sentence of their story.
"Households will be forced to pay up to 30 per cent more for electricity by mid-2013, with the Federal Government's renewable energy scheme responsible for 11 per cent of that increase".
All designed to scare the shit out of Barry and Betty Bogan. And what about the 89% of the rise that has nothing to do with the Government. Who do we blame for that - I wonder?
Meanwhile where is the accompanying story about the decline in cost of solar photovoltaic electricity?
If you were to ask me for a solution to this problem then I would tell you that the ABC is so badly broken that it needs to be guided by a board that has an understanding of the need for truth and facts and quality - because the current one either has no idea or is wilfully negligent.
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