Constant changes in Australia’s government have convinced the country’s power companies that its political leaders will never craft a coherent and long-lasting national energy policy that is needed to keep the lights on. Years of energy policy flip-flops are holding up billions of dollars of investment in new generation and transmission even as Australia looks to prevent a repeat of blackouts suffered over the past two years. The lack of reliability is occurring even as the country pays some of the highest electricity costs in the industrialized world. With six different prime ministers and a change in the […]