Chris Bowen takes aim at gas companies as Allegra Spender blasts 'crisis in fossil fuel prices'

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Energy Minister Chris Bowen is urging natural gas companies to do the right thing by consumers and bring down electricity prices. energy auspol gasprices

Australia's gas companies must do the right thing by consumers, Energy Minister Chris Bowen says, as independent MP Allegra Spender called on the government to work with them to ensure Australians can access"affordable" energy.

High-profile 'teal' independent MP Allegra Spender said rising energy prices were caused by "a crisis in fossil fuel prices" and the government and gas companies should be doing more to help Australian consumers. , where they were briefed by the Australian Energy Regulator, Australian Energy Market Operator , and the head of the Energy Security Board .

"The could not procure some gas and keep it in reserve to be released for urgent and crisis situations," he said following the meeting.

 

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Its 'Community' Independent. 'Teal' is so yesterday, like the 'lnp'.

That’s Labor for you. They have no influence on big companies.

Australia is one of the biggest gas exporters , there is no supply problem , do not believe the mis information

What if we cut company and personal income tax by 30%, halved the GST and doubled resources taxes and royalties. The company tax cut would benefit mining and have more revenue recognised in AU. NW shelf gas is 5x the profitable price. Works for Brunei. Numbers are roughly there.

Do the right thing... or what ? seriously Bowenchris. 🙄

Yeah, you say your all green then you slug the consumer when their doing the right thing, who's land is it on? ask them, gas companies should do the right thing my sure under AlboMP and under new world circumstances contacts could be relooked at in favour of the country first

This minister has more bark than bite. This is weak. Bowenchris

I lot of thought went into that policy. Maybe if you say 'Pretty please'.

So the ALP is replacing the economics of supply and demand with 'do the right thing'? Bowen seems to have forgotten all the gas projects that the ALP opposed. Good luck with that.

Is that your plan for a better future? LOL

The SallySitou's independent modelling is working out real well. 3WeakTries NoCommentAlbo

'We will bring down energy prices and the cost of living'. Please everyone put your prices down........oh and your wages up. Thanks The Govt.

They have a majority in the lower House and mates in the upper House. Create a law.

God forbid they would recognise the gas cartels only serve themselves and actually do something decisive... Their mandate doesn't extend to allowing consumers and business to continue being bent over royally Very disappointing

Can't wait for this, In theory by the end of Albo's term all of Australia's power needs reliably/cheaper 24/7, will be meet using only renewables , cause the only thing stopping this is the want to do it. auspol 'in theory'

The right thing would have been to not restrict gas companies from expanding their exploration in the name of useless climate action policies .

Bahahaahahahaha

He’ll need a stick and a carrot if that idea’s going to work.

So this was ‘the plan’ 😂😂😂😂

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Not a 'silver bullet', but new plan will better the energy market, Bowen saysA plan agreed to by the nation's energy ministers would see retailers required to pay power providers to maintain extra capacity, with the federal Minister for Energy pushing renewables. Lol. 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 A reminder of the 2007 UK MSM (Channel 4) documentary: *The Great Global Warming Swindle* 1hr 15min video:
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