Coal price cap won't work

HOGSBACK reckons the Australian government does not understand the link between supply and demand when it comes to lowering the price of electricity.

Coal price cap won't work Coal price cap won't work Coal price cap won't work Coal price cap won't work Coal price cap won't work

Energy abundance eases electricity prices, energy scarcity increases them.

Prime Minister Anthony Albanese is hatching a plan with the premiers of New South Wales and Queensland to place a cap on coal prices and in so doing wasting hundreds of millions of dollars on