The Commonwealth, state and territory energy ministers are meeting today for the first time since Labor's federal election victory last month. But here's why short-term relief from rising gas and electricity prices is unlikely.
Short-term relief from rising gas and electricity prices is unlikely, with the nation's energy ministers facing limited options to immediately curtail the spiralling costs.The new government has been under pressure to address the growing cost of energyThe Commonwealth, state and territory energy ministers are meeting today for the first time since Labor's federal election victory last month.
But there is little expectation today's meeting can do much in the coming weeks and months, with the focus instead expected to be on medium-term action to boost renewable energy and the capacity for storage.years of the Coalition-led federal government lagging behind the states and territories Newly installed Energy Minister Chris Bowen has been under pressure from business and industry groups to address the growing cost of energy.
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