Home / Knowledge / News / Textiles / Aussie industry up in arms over spiraling energy rates
Aussie industry up in arms over spiraling energy rates
21
Aug '13
The Queensland Farmers’ Federation and Cotton Australia have gathered industry bodies across a number of sectors to find a solution to escalating energy prices, which have been rising rapidly for more than a decade.

The forum, Electricity Price Reform – A Common Approach, was held in Brisbane on August 20 and heard about the technical issues behind energy price increases and their impacts on the agriculture, manufacturing and household sectors.

Specialist energy economist Bruce Mountain (Carbon Market Economics) also detailed market drivers behind energy price rises over the past 10 years. Australian electricity prices are now among the highest in the world and are 4-5 times the price of similar countries. The expansion of the regulated asset base has been the key driver for price increases.

“Industry bodies across Australia are enormously concerned about this issue, and are working hard on finding solutions to manage it,” says Cotton Australia Policy Manager for Queensland and Water, Michael Murray.

“The forum brought together participants from industry bodies in agriculture and irrigation, business and community sectors to develop a coordinated effort and plan to introduce much-needed reform to arrest the alarming rise in energy prices.”

Queensland Farmers Federation (QFF) CEO Dan Galligan says farmers were particularly sensitive to energy cost increases because they had no ability to pass extra costs down the value chain.

"This forum was convened to find solutions to one of the biggest issues facing all businesses across the country - escalating energy prices, which have been rising rapidly in Queensland for more than a decade,” Mr Galligan says.

“Queensland intensive agricultural industries met in an Energy Forum organised by QFF to understand the detail of impacts on that particular sector, and today was about bringing together a broader sector base with both national and state focus.”

"Industry groups are urging State and Federal Governments to work with us on long term solutions to arrest these unfair energy price rises and implement a tariff scheme to address the requirements of farmers and other businesses."

Organisations that participated in forum included:

- Energy Users’ Association of Australia
- Carbon Market Economics
- Australian Food and Grocery Council
- Australian Council of Social Service
- QLD Council of Social Service
- The QLD Local Government Association
- Cotton Australia
- Queensland Farmers' Federation
- Ricegrowers' Association of Australia
- CANEGROWERS
- National Irrigators' Council
- Irrigation Australia Ltd
- Daley’s Water Service
- Bundaberg Regional Irrigators Group
- Coleambally Irrigation.

Cotton Australia


Must ReadView All

S Korea signs free trade agreement with Cambodia

Textiles | On 26th Oct 2021

S Korea signs free trade agreement with Cambodia

South Korea and Cambodia have signed a free trade agreement to deepen ...

Pic: Shutterstock

Retail | On 26th Oct 2021

UK retail sales volumes drop by 0.2% in Sept 2021: ONS

UK retail sales volumes fell by 0.2 per cent in September following...

S Korea, Philippines sign free trade agreement

Textiles | On 26th Oct 2021

S Korea, Philippines sign free trade agreement

South Korea recently signed a free trade agreement with the...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchain is not a silver bullet for each and every problem in supply...

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Textile Industry, Head honchos

Textile Industry
Head honchos

The pandemic has reinstated need for organised retail spaces in Tier II...

Gus Bartholomew,

Gus Bartholomew

<b>Gus Bartholomew</b>, co-founder of SupplyCompass, explains to <b>Subir...

Noemi Sanchez,

Noemi Sanchez

Established since 1846, Evlox is a specialised denim manufacturer with its ...

Nantas Montonati,

Nantas Montonati

The Riri Group is a one-stop supplier of metal accessories for the luxury...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search