OPINION: Anthony Albanese and Chris Bowen return to Australia confident of the government’s momentum. Now for the harder part – dealing with domestic energy prices.
Yet while the effort to manage global confrontation over how best to take action on climate change may be vital to the limited prospects of meaningfully limiting emissions this decade, it won’t do anything to help Labor’s ability to manage Australia’s clean energy transition.
Jim Chalmers’ regularly stated preference for regulation suggests some form of price cap is the most likely option.
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