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Al Jazeera
Al Jazeera
Business

Australia’s Albanese to meet gas lobby over price cap concerns

Anthony Albanese Coal Labor Party
Australian Prime Minister Anthony Albanese has said he will meet with the energy industry lobby to discuss concerns about proposed price caps for coal and gas [File: Loren Elliott/Reuters]

Australian Prime Minister Anthony Albanese has said he will meet with representatives of the gas sector amid industry opposition to government proposals for a one-year cap on gas and coal prices.

Albanese, who leads the centre-left Labor Party, hopes to pass legislation this week imposing caps on wholesale gas and coal prices in order to tame spiralling energy prices amid the war in Ukraine.

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