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FED: Energy consumption growth expected to slow in Aust
- Article from:
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AAP General News (Australia)
- Article date:
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April 15, 1999
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AAP General News (Australia)
04-15-1999
FED: Energy consumption growth expected to slow in Aust
CANBERRA, April 15 AAP - Growth in Australia's energy consumption will slow in coming years
with the government's peak commodities forecaster today predicting an annual average growth
rate of 1.4 per cent to 2014-15.
This is almost half the growth rate of the last 25 years, about 2.6 per cent a year.
In a report on energy consumption predictions to 2014, the Australian Bureau of
Agricultural and Resource Economics (ABARE) said several factors would cause the slowdown.
These included expected further improvements in energy efficiency both in response to
technological changes and to ...
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