A Clayton’s Energy Price Cap: the price cap you have when you’re not really doing a price cap!
by Max Ormond With energy costs going through the roof, the Albanese Labor government is trying to allay working people’s worry about the outrageous prices they have to pay for electricity and gas. Labor now, with the support of the Greens, propose to cap gas at $12 a gigajoule and coal at $125 a tonne. The $12 gas cap is …