Energy expert weighs in on gas price caps
Energy finance analyst from the Institute for Energy Economics Bruce Robertson has weighed in on the plans for a new cap on gas and coal.
Labor will impose a fixed price on gas and it’s widely reported they are looking at a cap of $13 a gigajoule through a mandatory code of conduct.
Some businesses have recently been quoted at up to $45 for the same product.
The Prime Minister will also ask the states to place a cap on coal of $125 per tonne.
Bruce Robertson has a report in response to the government’s plan.
Click below:
“What is a fair price for domestic gas?”
Bruce told Ben Fordham his report can differentiate from the government’s and won’t “mislead the public”.
Press PLAY below to hear the full interview
Image: Getty