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The Guardian - AU
The Guardian - AU
National
Katharine Murphy Political editor

‘A sense of urgency’: capping coal prices to reduce power bills would need state support, cabinet told

Labor Anthony Albanese Coal Chris Bowen Gina CassGottlieb Electricity
Liddell coal-fired power station
The Liddell coal-fired power station in the NSW Hunter Valley. The federal government will need a temporary cap on the wholesale price of coal to cut consumer electricity prices. Photograph: Dan Himbrechts/AAP

The Albanese government could struggle to provide comprehensive energy price relief, unless the governments of New South Wales and Queensland cooperate with a plan to temporarily cap the wholesale price of coal.

The energy minister, Chris Bowen, updated cabinet on Monday on the components of Labor’s long-telegraphed regulatory intervention in the energy sector.

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