Australia's electricity the costliest in the world? Rubbish!

I frequently encounter denialists who argue that Oz shouldn't do anything about climate change, because our electricity is the most expensive in the world.  That's twaddle.  Even if it were true, renewables are cheaper than coal and in Australia, because successive governments have cocked up the gas market, cheaper than gas too, so switching to renewables would cut electricity prices.

Note that Australia is way down the list.

From The Energy Council:

Average retail electricity prices by country

Percentage of average wage spent on daily electricity supply

➥PPP--Purchasing Power Parity--is a good way to compare different variables across countries.  My weights for world indicators (GDP, Industrial production, PMIs) are based on PPP GDP weights calculated by the World Bank.