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Will price caps on coal and gas bring power prices down? An expert isn't so sure

  • Written by Bruce Mountain, Director, Victoria Energy Policy Centre, Victoria University
Will price caps on coal and gas bring power prices down? An expert isn't so sureShutterstock

In a bid to arrest escalating power prices, Australia’s federal, state and territory governments have agreed to impose caps on the wholesale price of coal and gas.

Announcing the decision after National Cabinet met on Friday, Prime Minister Anthony Albanese said parliament would be recalled next week to pass the necessary...

Read more: Will price caps on coal and gas bring power prices down? An expert isn't so sure

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