ENVIRONMENT

Albanese to try and sell reluctant premiers a coal price cap

NATIONAL cabinet will meet on Wednesday to discuss the concept of a cap on coal and gas prices in a move that could potentially cost the government millions of dollars in compensation to the coal rich states of New South Wales and Queensland with a decision due before Christmas.

Australian prime minister Anthony Albanese.

Australian prime minister Anthony Albanese.

Billions of dollars of foregone royalties to the state governments could be at stake and NSW premier Dominic Perrottet and Queensland premier Annastacia Palaszczuk have flagged they were not prepared to...

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