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Victorians could pay almost $100 a year more for electricity under a state Coalition policy to halt two key transmission projects, according to new analysis that suggests it would result in a near 40% increase in wholesale prices by 2031.
Analysis by consultancy Nexa Advisory, commissioned by non-profit group Environment Victoria, has found postponing the Western Renewables Link and the VNI West would delay other renewable energy projects. Such a move could force the state to rely on using more gas.
We cannot let One Nation, the Liberals and Nationals diminish or destroy one of the best things Australians and Australia have going for us now and in the decades to come.
They would put at risk the fiscal sustainability, higher living standards and stronger economy that the IGR shows will be supported by a strong and maturing super system.
