Australia’s High Gas and Electricity Prices.
Allegra Spender, one of the new ‘teal’ independent MPs has said “You’re seeing gas prices and coal prices across the world spiking because of the war in the Ukraine.”
The new Energy Minister Chris Bowen has ruled out imposing windfall taxes on gas companies, while saying “ liquefied natural gas will be needed to help transition Australia to renewables.”
Should Nuclear Power be considered?
Australia is the third largest uranium producer in the world, but the only country in the G20 that has a legal ban on using nuclear power.