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Men's Weekly

Texas was a warning. Australia needs to rethink the design of its electricity market

  • Written by Bruce Mountain, Director, Victoria Energy Policy Centre, Victoria University
Texas was a warning. Australia needs to rethink the design of its electricity marketLong lines to buy groceries in Austin, Texas, during February’s extreme cold snap and power outage. Austin American-Statesman/AP

Australia’s electricity market is unsustainable. Texas shows us why.

A week ago Texas experienced a bout of severe weather as arctic air reached deep into the state, driving temperature down to levels that had...

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