Anthony Albanese and China and Chris Bowen and COP 27

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OPINION: Anthony Albanese and Chris Bowen return to Australia confident of the government’s momentum. Now for the harder part – dealing with domestic energy prices.

Yet while the effort to manage global confrontation over how best to take action on climate change may be vital to the limited prospects of meaningfully limiting emissions this decade, it won’t do anything to help Labor’s ability to manage Australia’s clean energy transition.

Jim Chalmers’ regularly stated preference for regulation suggests some form of price cap is the most likely option.

 

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jennifer_hewett China's thermal coal imports have gone down anyway. (more local production? GDP down?). If the import ban on Australia were lifted and imports resumed as before, how will that impact on the price of coal and domestic east coast electricity prices? Anyone?

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