In The Australian.
Albanese will pay coal generators over $1 Billion in rebates under his market intervention.
"But initial estimates provided to Parliament's cost of Living Committee in early 2023 by the Department of Climate Change and Energy suggested that the combined fiscal cost of the coal generator rebates to the C'wealth, NSW and Q'land governments would be in the order of $1.5 BL to $2 BL with the Commonwealth paying a 50% share."
All Albanese has done is shift the cost from electricity users to taxpayers.
Rabbit in the hat trick.
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