Anthony Albanese finalises plan to cap Australia's energy prices | 7NEWS

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The prime minister has finalised a plan to cap energy prices at nearly half their current rates, aiming to bring down soaring power bills. It comes as national accounts reveal Australia's household spending is defying expectations. auspol 7NEWS

Source: Energy Industry News (energyindustrynews.net)

 

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Albo lied to us all about his plan to lower electricity and cost of living. He made someone with an arts degree treasurer ffs. We are f’d. ScoMo was right on the miney that these clowns would destroy life as we know it. And media are largely responsible for lying to us.

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Premier says he is in 'furious agreement' with Anthony Albanese that nuclear power is 'completely uneconomic' for AustraliaSouth Australia's premier has comprehensively rejected the future use of nuclear power generators in Australia, saying the 'completely uneconomic' technology had already been thoroughly investigated and dismissed. abc730 Yes - he said that - among other things…. Nuclear is second only to hydro in energy ROI. and its 10x the ROI of solar. its lower carbon than wind and solar. its lower deaths per TWH than wind and solar. its less capital cost per TWH than wind and solar. Peter M is an amazing man! His comment on ‘nuclear power’ was well considered and erudite! The Labor government ,in all states and federally is heading in the best direction for all Australians! Sarah get off your bike with regard to the golf tournament!
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Albanese govt calling on NSW and Qld to implement $125-a-tonne domestic coal price capSky News Political Editor Andrew Clennell says the federal government is seeking to get New South Wales and Queensland to “implement a cap on the domestic coal price of $125 a tonne”. He said the government is set to announce a cap on gas prices of $13 per gigajoule. “The federal government at the moment is offering no compensation to the states for implementing a coal price cap but saying that putting on a coal price cap is the states' responsibility,' Mr Clennell said. “The New South Wales government is not focused, as I understand it, on getting compensation for royalties. “They are focused on consumers and are aware that implementing a $125 per tonne coal price cap would mean they would have to compensate coal-fired power generators who have already contracted coal at a much higher price.” He also said the New South Wales government fears “coal companies could collapse” if they are forced to provide coal to generators at these prices.
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