States revolt against Albanese’s plan to lower energy prices

The Labor government has asked NSW and Queensland to enforce their own coal price caps. The Commonwealth would avoid having to pay compensation to energy producers if states were to introduce price caps.

that’s the way of passing the buck

So you create a situation where supply decreases and demand increases but expect prices to go down

What could go wrong when you believe the oxymoron socialist economics of price control can solve production of a commodity to meet demand and reduce cost. By refusing to invest in increasing production of gas, coal oil or creating nuclear energy there is going to be a cliff.

Whatever happened to ELCOM and NEWCOM?

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