No what should be done is all in renewable commitment with the resulting jobs. No more fossil fuels for dollar's. We have 12 years
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EXPLAINER: The government 'big stick' energy plan | Sky News AustraliaSky News Political Editor David Speers breaks down the government's 'big stick' divestiture policy.\n\nThe Coalition is hoping its threat to forcibly remove assets from companies deemed to have done the wrong thing will help drive down energy prices.\n\nUnder the new bill the government is planning to introduce to parliament, the Federal Court would have final say over whether an energy retailer should have an asset forcibly stripped if it has been found guilty of misconduct.\n\nThe policy is in place of the National Energy Guarantee, which the Coalition formally dumped after Scott Morrison was elected prime minister.\n\nLabor has called the policy 'Venezuela-esque,' while businesses have also repressed its reservations. David_Speers Its all just waffle. Morrison is not capable nor is Shorten , we are stuck with high power for ever ,get used to it. David_Speers It's yet another form of market intervention by the Lib Gov't. This one may potentially be really ugly and costly (to the taxpayers) as reportedly the big players have lawyered up and are ready to challenge it in courts of law. AntiCompetition auspol
Source: SkyNewsAust - 🏆 7. / 78 Read more »