LKO lakes blue energy nl

Australia undermining global security by quitting gas trade?

  1. 30 Posts.
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    Japanese energy security at least:

    https://www.abc.net.au/news/2023-03-30/japan-warns-world-peace-at-stake-in-australian-gas-exit/102167908


    The resources minister's comments in response:

    Ms King defended the government's market interventions, and said protecting Australia's trade reputation was a priority in any future measures.

    "We know rising energy prices are among the greatest challenges facing Australian families and Australian businesses this year — which is why we took urgent action late last year to deliver the Albanese Government's Energy Price Relief Plan," she said.


    I reckon Australian families and businesses might do better without "market interventions." More supply might come online. What's that saying about the answer to high prices being high prices?
 
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