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Reuters
Reuters
Business
Sonali Paul

Analysis-Rising power bills complicate Australia's election climate war

FILE PHOTO - Australian incumbent Prime Minister Scott Morrison speaks during the first leaders' debate of the 2022 federal election, at the Gabba sports stadium, in Brisbane, April 20, 2022. AAP/ Jason Edwards via REUTERS

In Australia's election fight, politicians are tiptoeing around the climate wars that have marked the past decade and a half, even as an activist billionaire put the issue front and centre this week, buying a key stake in Australia's top power producer.

Climate-focused investor Mike Cannon-Brookes said his 11% stake in AGL Energy was part of a plan to shut down its coal plants faster by preventing the company from splitting into an energy retailer and generator.

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