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Environment
Tony Wood, Program Director, Energy, Grattan Institute

Surging energy prices are really going to hurt. What can the government actually do?

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Picture this. You’re in government for the first time in more than a decade. And within six months, you’re facing a diabolical problem: skyrocketing energy prices. To your constituents, it doesn’t matter that the root cause is a war in Europe. What they’ll see is pain – electricity and gas bills climbing and climbing.

So what can you do? Federal and state energy ministers met yesterday to hash out the problem ahead of today’s meeting of the prime minister, state premiers and territory leaders.

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