Political players jostle as Labor unveils consultation draft of gas and coal price cap bill

As this graph of National Electricity Market energy sources indicate, black and brown coal are still the dominant suppliers to the grid. Even though daytime solar is increasing, fossil fuels still provide two-thirds of our electricity.

THE Albanese government is determined to ram through its energy cost relief bill despite widespread complaints about a lack of detail and consultation, with parliament to sit for a single day on Thursday.

The proposed laws would cap the price of wholesale gas on the uncontracted spot market to $12 a gigajoule for 12 months, with a corresponding black coal cap of $125 a tonne on uncontracted power station coal.