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ABC News
ABC News
Business
political reporter Jane Norman

Matt Kean confirms federal government is asking states to impose coal caps

The federal government is facing resistance from the states over its request for caps on coal prices, as it races to finalise the details of a market intervention to curb skyrocketing energy costs.

As revealed by the ABC, the government is set to cap gas prices at around $12 a gigajoule and force companies to set aside a certain amount of gas for domestic consumption.

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