After a week of uncertainty over the gas price crisis, the nation's energy ministers have agreed to a plan to pay providers to help fill shortfalls in supply.Ministers have agreed to a plan to safeguard the systemFederal energy minister Chris Bowen and his state and territory counterparts met on Wednesday to discuss solutions to the market crunch — but there were limited options with the budget deep in debt and no short-term fixes available.
The ministers have agreed to advance work on a capacity mechanism, which will require the energy retailers to pay power providers to maintain extra capacity in case it is needed.
You have no idea.
Of course there is, just place a 10% surcharge on exported gas..... done!
Baldrick from Blackadder had less plans than this fool!
F me. RE and Storage to increase capacity. R U serious? Our current wind capacity is producing at 0.11% of capacity. More capacity not more generation.
Anything short of a national shutdown,of gas INDUSTRY,CNN Greens is a lead bullet,into heart of of our future survival. Our govts,must do far more,to plug up, unplugable claims made by,ecocidal business ephemera.couriermail smh theage TIME euronews TVNZ japantimes
That's a shame. I'm confident most people where expecting them to put a bullet, silver if necessary, into the heads of those that are gaming the system, not reward them by paying them more.
No increased gas reservation? No increased resource tax? (Our Gov collect SFA $$ for our own gas) Approving giant new gas projects despite ClimateCrisis Do FTAs make our gov powerless? Sorry ALP, but if this is you, this member & lifelong ALP voter says no more. auspol
Never had a plan
Bowenchris Bowen is F’ing kidding himself if he thinks renewables are the answer to this. They’re what’s brought this crisis on. Premature insecure and unreliable renewables will not give grid security. It’s the inconvenient truth no green flog to even talk about. Pathetic
Intermittent renewables and storage to provide capacity? 🤷🏻♂️
Holding in energy? Who would of thought?
Looks like people expect the Labor party to have fixed everything in 3 weeks. Will take decades to fix the liberals mess.
Yeah like his Negative Gearing idea
So does that mean months or years before we see relief?
A reminder of the 2007 UK MSM (Channel 4) documentary: *The Great Global Warming Swindle* 1hr 15min video:
Labor promised they would lower the cost of living with their plan, they must put it into action immediately or start paying our bills for lying to us
Lol.