Frydenberg 'absolutely confident' energy prices will fall but gives no guarantee
by Katharine Murphy Political editor from Environment | The Guardian on (#35Q6Y)
Energy minister says he believes Labor and Coalition can agree on reliability obligations but differ on emissions targets
The energy minister, Josh Frydenberg, has stopped short of guaranteeing prices will come down under the Turnbull government's new energy policy, but says he's "absolutely confident" power prices will fall.
Frydenberg also indicated the major parties might be able to come to terms on the mechanism, which imposes reliability and emissions reduction obligations on electricity retailers.
Continue reading...