The NSW government has agreed to consider cap on the price of coal, but only if the Commonwealth compensates it for the loss of royalties.it has also played down claims by industry and the South Australian government that a temporary cap on the gas price will deter investment in new gas fields.
Queensland Premier Annastacia Palaszczuk doubled down in her warning to Canberra to “keep your hands off our generators” and then suggested the Commonwealth fund a gas pipeline to export Queensland’s excess gas to southern states.“We know that Queensland has an abundance of gas. There is more gas ready to develop in the Bowen Basin – 13,000 petajoules – and in the Galilee Basin,” she told state parliament.
Ms Palaszczuk reaffirmed her opposition to any attempt to curb the dividends from their coal-fired generators which are used to subsidise Queenslander’s electricity bills.revealed on Wednesday the state-owned power companies in Queensland had delivered more than $5 billion in dividends to the Palaszczuk government over the past five years.
the states are so bloody minded and parochial They r fearful of getting LESS royalty The fucking royalty is what they all worry about instead of the good for our manuf jobs When power was run by the states the price was very low 18c/kwh