Ross Garnaut says Labor’s historic victory could change global energy trade

Ross Garnaut says this moment is significant. Four days after Labor’s historic election victory last weekend, the leading economist delivered the opening address at the national conference of the Energy Users’ Association of Australia (EUAA) in Melbourne. It was Wednesday morning, and the room was full of representatives from Australia’s electricity and gas retail markets, regulators and academia. Garnaut told the audience that Labor’s historic victory should toll the death knell for the political conflict and policy instability that had plagued Australia’s energy “debate” for so many years. He didn’t mince his words. Could Labor’s thumping election win put tax…