‘Must act’: Energy regulator’s warning to Albanese Government

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Sky News Australia’s Andrew Clennell has revealed the pressure that the Albanese Government faces from energy bodies to stop household energy bills from rapidly rising

Labor has been under fire since Tuesday’s federal budget which confirmed energy prices will rise by an average of 20 per cent later this year and a further 30 per cent in 2023.

Stream the news you want, when you want with Flash. 25+ news channels in 1 place. New to Flash? Try 1 month free. Offer ends 31 October, 2022 “Contracts for energy supply next year are being entered into at a rapid pace so there was no point in waiting months to cap prices, that would have no impact.”

Energy Minister Chris Bowen refused to divulge the Federal Government’s final decision on Sunday morning around gas caps but said it would take “responsible action”. Mr Bowen noted that both levels of government were “working together” and pulling the levers at their disposal as they navigated the energy crisis.When pressed about Labor’s election promise of reducing energy bills by $275, Mr Bowen doubled down and refused to concede that it was not possible with soaring energy rates.

"Of course, that was a modelling of the impact of our policies. And the fact is that this pressure in the system means that the transition to renewables, which we promised in the election campaign, becomes more important, not less."

 

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NZE action subsidies, RE favouritism, has destabilised & corrupted the National Grid. Albo is about to accelerate NEM market interferences & send it all offline & make electricity crippling unaffordable! Calling the hated 'Oil,NG & Coal' Biz tone deaf, greedy, etc' is pathetic

aclennell Andrew how come u go proper hard on interviewing LIBS but as soft as butter on ALBO & HIS CRONIES ?🤔 Your preference for Labor on camera is beneath your intelligence

Clennell has really got this govt. weighed up. I once thought him too sympathetic towards Labor, but not anymore. He reports it as he sees it and this man has 20/20 vision.

It's almost like we needed a clear energy policy for the last decade. If only the current opposition leader hadn't knifed his old boss to keep us from having one.

Hmmm, and it’s as if it appeared out of nowhere.

Hang on Clennell is part of the leftist mainstream media wolfpack demanding renewables ASAP. You can’t make this stuff up.

He couldn't give a 💩

He is a liar that lied to get into govt

Why doesn't the energy regulator, regulate energy Maybe because they are the sort of people to blatantly discriminate against people with disabilities? AEMO_Energy

Sky Spews the least reliable biased 'news' channel aka Lib News. Did the Libs act when they knew prices for power were going up 20%. Yep, they changed the law to hide the fact before the election. 22 failed energy policies from Libs in 10 yrs, NEGLECT report for Aged Care....etc

Easiest solution is to tax along the lines of Norway. We are being fleeced by the fossil fuel industry with a double whammy of excessive price and pitiful tax revenue.

Wasting their time. They simply don't care

Hey Clennell no one watches your shit show anyway as a matter of fact no one watches sky spews at all your preaching to no one

please note the people will not suffer inaction on this matter. If our priminster can not secure australian resources for australian people at a reasonable cost then he should resign.

Build nuclear. You'd think they would because energy production is half our carbon output. But they don't want less carbon, they just want control. Nuclear would set us free of that narrative.

These woke greenies dont care. That's obvious in the US.

As always, when Labor can't get support for socialism they lurch to fascism.

aclennell Are they asking about the $275? Where's my $275 AlboMP

I thought AlboMP Bowenchris and JEChalmers had a plan. Apparently the plan is still to come. The legislation that Turnbull introduced to overcome the failed Anna Bligh strategy needs to be triggered.

Gullible Aussies voted this clown in. Now suffer

Albanese & his cohorts are leading us down a path we don’t want to go down!

Simple - abandon renewables and green energy strategy.

More Murdoch and Lies AlboMP has a plan 🤔

BETTER LISTEN ALBO or we the people you promised to protect will MAKE SURE THAT THE GOVERNOR GENERAL LISTENS AND REMOVES YOUR GOVT WHITLAM WENT FOR LESS DOYOURJOBDAVIDHURLEY

🎶 NATIONALISE IT 🎶

Anyone that supports the new green deal are the absolute enemies of the human race

Albo takes his orders from Davos.

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