Microeconomics Analysis

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Added on  2022/11/16

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AI Summary
This Microeconomics Analysis discusses the trend in energy prices in Australia and the factors responsible for the soaring energy prices. The article identifies various factors resulting in high energy price in Australia, including transition to renewable energy, sudden closure of traditional power plant and lack of back up, political lobbying, uncertainty in climate policy and tendency of energy firm to serve the global market over national market.

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