Article 66QYG No compensation to fossil fuel companies under energy cap plan, Anthony Albanese says

No compensation to fossil fuel companies under energy cap plan, Anthony Albanese says

by
Josh Butler
from World news | The Guardian on (#66QYG)

Prime minister admits incentives could be paid to maintain supply as he recalls parliament to pass plan

Anthony Albanese has denied compensation will be paid to fossil fuel companies as part of the federal government's moves to limit crippling energy price spikes, but admitted payments" could be given to producers as an incentive to maintain supply.

The prime minister said he is confident the energy plan will pass parliament when it is recalled for one extraordinary day of sitting on Thursday, despite the Greens flagging they will oppose any new subsidies being given to coal and gas companies.

Sign up for Guardian Australia's free morning and afternoon email newsletters for your daily news roundup

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments