Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup
Palaszczuk’s rebuke, however, hinted at some of the clout governments could deploy if lowering energy prices is their primary goal.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
States revolt against Albanese’s plan to lower energy pricesThe 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. Queensland Premier Annastacia Palaszczuk has already publicly rejected the request. Whatever happened to ELCOM and NEWCOM? 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. So you create a situation where supply decreases and demand increases but expect prices to go down
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Power bill debts soar as states brawl over coal, gas price capsFigures from the Australian Energy Regulator reveal most households have faced double-digit electricity and gas bill hikes in the past year as a “perfect storm” pushes wholesale power prices to all-time highs | NickToscano1 micksfoley NickToscano1 micksfoley Stop the lies . NickToscano1 micksfoley To reduce the price of coal and gas requires investment, and no company will invest because the risk of government intervention is just too high. The true cost of renewables. NickToscano1 micksfoley the government dont want to upset the big end of town until they get a better spin doctor
Source: smh - 🏆 6. / 80 Read more »
Power bill debts soar as states brawl over coal, gas price capsThe number of customers with a debt over $2500 for more than 24 months has risen by 39 per cent under the strain of higher energy bills. AlboMP & Bowen will fix it 😂
Source: theage - 🏆 8. / 77 Read more »