Level playing field

Coffs Coast Advocate
01/06/2007 Page: 6

HIGHER power and transport charges to combat climate change would not be the end of the world for average consumers, Australian of the Year Tim Flannery says. Prof Flannery predicted a carbon price of $50 a tonne would help level the playing field for renewable energy providers, which would see a doubling of the wholesale price of electricity, which worked out to a 30 per cent increase in the retail price.