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The Latest Breaking News from Chris Bowen

Psychology subsidy cuts are beyond belief

Email letters@newcastleherald.com.au or send a text message to 0427 154 176 (include name and suburb).

Newcastle Herald

Coal-fired power plants could receive bulk of price cap compensation, Treasury briefings suggest

Generators likely to receive lion’s share of payments worth more than $500m after commonwealth said producers could be paid if costs exceed $125 a tonne

The Guardian - AU

Greens hold firm on demand for two-year power bill freeze ahead of vote on coal and gas price caps

The Greens, whose support is needed to pass a proposed price cap on gas and coal, are holding firm on their demand for a two-year freeze on energy bill prices, which they say will save households $750 and be paid for by fossil fuel companies.

ABC News

From analysis to the latest developments in health,
read the most diverse news in one place.

Labor takes aim at gas industry over trying to preserve ‘big profits’ during Ukraine war

In defence of energy price caps, minister Chris Bowen says Australians should pay a fair cost for gas extracted in Australia rather than a ‘wartime price’

The Guardian - AU

NSW, fed coalition split on gas, coal cap

The federal coalition says the gas and coal price cap is a "monster" but their NSW coalition colleague, Premier Dominic Perrottet, backs the proposal.

AAP

Greens to oppose price cap compo plans

The Greens will have the balance of power in the Senate as parliament is recalled to pass the federal government's energy bill relief measures.

AAP

MPs’ Pacific islands tour to show bipartisan support – as it happened

All the day’s news as it unfolded

The Guardian - AU

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Energy minister defends federal government's plan to relieve impact of rising power prices

Chris Bowen concedes the federal government's plan to ease household energy prices will not be a silver bullet, but is the biggest lever it has to try to alleviate spiralling costs.

ABC News

Anthony Albanese urges national cabinet to endorse unprecedented intervention to cap coal and gas prices

As the year's end draws near, the prime minister convenes national cabinet, asking it to impose a price cap on coal and gas, fearing worse price spikes in 2023.

ABC News

Governments unveil renewables investment as ACCC warns of skyrocketing electricity bills

Competition across Australia’s electricity market is coming under pressure as prices soar, raising the spectre of even higher bills.

The New Daily

Renewables providers to be paid to ensure stable electricity supply

Renewable energy providers will be paid to ensure stable, reliable power supply in a scheme signed on to by the states ahead of worsening forecasts of price spikes and blackouts in the year ahead.

ABC News

National energy deal to 'keep lights on'

The nation's energy ministers have agreed to a plan to make the supply of power more reliable as the sector transitions to renewables.

AAP

Afternoon Update: explosive allegations about police conduct in Lehrmann case; new Bali travel advice; and King Charles’s first coins

Letter obtained by the Guardian reveals prosecutor’s extraordinary allegations

The Guardian - AU

Energy ministers to tackle skyrocketing power prices ahead of national cabinet meeting

A lot of eyes will be on energy ministers today, as they take part in the first of two meetings this week between state and federal decision-makers focused on how to avoid skyrocketing power prices.

ABC News

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AAP

Coal price cap decision not yet reached

Australia's energy sector is calling for billions of dollars in compensation if NSW and Queensland governments are asked to cap coal and gas prices.

AAP

Electric trucks roll into Australia

A parcel delivery service will create Australia's largest electric truck fleet after a $20.1 million investment in the quiet, green transport technology.

The Guardian - AU

Australia is on track … sort of: official expert advice urges a ‘big upward shift’ on emissions cuts

Climate change minister tells parliament official projection of 40% cut does not factor in all Labor’s policy commitments

The Guardian - AU

Afternoon Update: Socceroos victory hangover; TikTok bans tanning videos; and a summer guide to cool gigs

Jubilation across the country as Australia defeats Denmark to advance to the World Cup last 16

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Reuters

Australia on track for upgraded emission reduction targets, government says

Australia is on track to meet recently beefed up climate action targets once a raft of new measures, including a A$15 billion ($10.20 billion) national reconstruction fund, is implemented, the government said on Thursday.

ABC News

Federal government releases first 'climate change statement', but Australia remains behind on emissions targets

The federal government says it is on track to achieve a 40 per cent emissions reduction by 2030, which falls short of its projected target of 43 per cent.

ABC News

Live updates: Chris Bowen releases Australia's first climate statement — as it happened

Chris Bowen, the federal minister for climate change, releases Australia's first national climate statement in parliament — as it happened.

AAP

Climate targets getting on track: Bowen

Chris Bowen says climate measures are on track to reduce emissions by 40 per cent by 2030, after stalling under the former coalition government.

ABC News

Government to cap wholesale gas prices as part of market intervention to lower power prices

Anthony Albanese and his cabinet are set to endorse a multi-pronged strategy to curb sky-high power prices, as pressure mounts on the government to urgently intervene in the market.

The Guardian - AU

‘Hands off our generators’: Queensland rejects calls to cap coal price to bring down energy bills

Premier Annastacia Palaszczuk says she won’t jeopardise state’s ability to give profits from state-owned power generators back to public

The Guardian - AU

‘A sense of urgency’: capping coal prices to reduce power bills would need state support, cabinet told

Exclusive: It is expected Labor will adopt a suite of reforms to address an anticipated 56% increase in electricity prices

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