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How Australia’s net zero goals could push up the price of chocolate bars

16/11/24
Sky News Australia
Dans Asie / Australie

The boss of confectionary icon Cadbury says the runaway cost of energy is crippling manufacturing, and the bill will inevitably be picked up by consumers. It comes as the Minerals Council chief warns the Albanese Government’s Future Made in Australia plan is doomed, if power prices do not fall. The Australian president of Mondelēz International, Darren O'Brien, told Sky News in an exclusive interview that the snack food giant’s energy prices “have gone up by more than a third” in the last five years. “Our gas prices in the last 12 months doubled,” he said. Mr O’Brien is also a director of the Australian Food and Grocery Council and said his peers were all suffering from spiralling costs. This video is a sneak peek of the new Sky News documentary ‘The Real Cost of Net Zero’, premiering Tuesday 19 November at 8pm AEDT, presented by Chris Uhlmann.

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