States abandon federal government to face the energy crisis alone

  • 📰 brisbanetimes
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 67%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Declaring the energy crisis to be a national problem, states appear to be abandoning the Albanese government to face the financial and political cost.

Households are expected to face a 56 per cent increase in electricity bills by next year.Advertisement

Premier Dominic Perrottet says NSW taxpayers should not wear the cost of changes to federal energy policy.But Perrottet has warned that coal-rich NSW should not wear the cost, which would hit state coffers by reducing royalty payments from miners that are calculated based on the value of coal sales. NSW Treasurer and Energy Minister Matt Kean sought to cast the looming crisis as a federal responsibility on Thursday, telling Sky News he was happy to work with federal Energy Minister Chris Bowen on finding a solution, but saying he had legal advice that the federal government had the power to cap both coal and gas prices.

Instead she suggested the NSW, Victorian and federal governments front the cost for a gas pipeline from her state to ease national power prices.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Um, o.k. if that's what they want, good luck with that.

There’s an easy solution, but governments are just to stubborn to admit they’re wrong.

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:

 /  🏆 13. in ENERGY

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.

Albanese government requests states impose coal price capsThe federal government is facing a stand-off with the states over energy price caps as it tries to use a legal loophole to avoid paying compensation to coal producers. Sky News Political Reporter Joel Philp says it seems the government could avoid paying billions of dollars in compensation to coal producers for imposing price caps by asking the states to do it themselves. 'The Australian is reporting that the New South Wales and Queensland governments, that the request has been made of them,' he said. He is already on the way out So, after a couple of weeks working on the problem, the new Prime Ministers solution is to hand the problem to someone else? Seriously How about he stay in the country and focus on the real problems The muppets are officially in charge. When this blows up, as it must, ppl may yet realise Labor has no idea what it’s doing.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Australian politics live: Albanese ‘confident’ of reaching agreement on a plan to ease energy costsFollow live
Source: GuardianAus - 🏆 1. / 98 Read more »