No quick fix to energy crisis as icy weather sweeps south-east

The federal treasurer has warned there is no quick solution to Australia's spiralling energy prices, following warnings gas supplies could be cut amid a wave of polar winter temperatures.

Treasurer Jim Chalmers said it was a "perfect storm" of factors contributing to another cost of living escalation."It is important to recognise that there is not kind of one measure that can fix this overnight," Chalmers told Today. "The more immediate options will obviously be part of a discussion with the companies and with the relevant ministers as well and I don't really want to pre-empt those discussions," he said.

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‘Biggest energy crisis in 50 years’: East coast cold snap ignites gas price fearsManufacturing and consumer groups are calling on the Albanese government to intervene to stop spiralling power bills, amid the worst energy crisis in decades. auspol energy Yep. They have a magic wand. Wave it and it will instantly stop whatever you wish for. Jesus wept 😢 But Joshy and Matt were adamant just two weeks ago everything was rosy! What's changed? But these spiralling power bills are not unexpected; they are inevitable from measures taken to signal that Australia is doing our bit to tackle climate change (while having no meaningful effect on total global emissions)
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